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Research uncovers the habits of consumers using BNPL. Hint: They spend more

Inside Retail

Some even think of it as more of a way of payment than a form of credit. In Australia, birthplace of Afterpay, Zip, Openpay, and Latitude, its estimated that (allowing for flow-on effects) BNPL services contributed $14.3 They should treat BNPL like any other form of credit. Why might they be spending more?

Consumer 130
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Research uncovers the habits of consumers using BNPL. Hint: They spend more

Inside Retail

Some even think of it as more of a way of payment than a form of credit. In Australia, birthplace of Afterpay, Zip, Openpay, and Latitude, its estimated that (allowing for flow-on effects) BNPL services contributed $14.3 They should treat BNPL like any other form of credit. Why might they be spending more?

Consumer 264
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Reinvest and innovate: Key takeaways following Fenton & Fenton collapse

Inside Retail

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity.

Flow 243
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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

The removal of restrictions on movement in the early months of the year, coupled with pent-up demand in households, formed the catalyst for a boom in household spending; monthly retail turnover rose 12.5 The RBA is set to tighten further before pausing to allow the impact of what’s been done to flow through.

Flow 246
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Just scratching the surface

Retail Focus

The extra-large planks are in scale with the extensive floor to ceiling windows, providing a sense of flow to the open plan store and a cohesive style that complements and highlights the furnishings on sale. The loose lay format means that should any damage occur repairs are conveniently simple and cost effective.”. “A

Pattern 233
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Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday

Inside Retail

Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service.

Flow 130
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First Asia Pacific Adidas Flagship in Myeongdong, Seoul

Retail Focus

When someone steps on the digital floor, the displayed pattern will change accordingly. The central staircase upon entrance can quickly take the customer flow to the second floor, while defining a loop circulation for the ground floor, creating a more interesting shopping experience.

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