This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To manage regulatory hurdles, GMG has established a regional headquarters in Kuala Lumpur and an operational office in Singapore. Insights from its acquisition of Royal Sporting House have also helped the company understand local market dynamics. .
Global Datas managing director Neil Saunders acknowledged the poor track record of European retailers looking to break into the American market; however, he believes Printemps could be different. The post Experts discuss Printemps’ chance of success in the US retailmarket appeared first on Inside Retail Australia.
Trends in the Commercial Investment Market The retail real estate market was a focal point of this years MAPIC, with a strong emphasis on investors perspectives regarding retailmarket trends and outlooks. These sessions revealed an optimistic vision of the resilience of retail as an asset class.
. “The group’s customer value proposition, the strength of the four core brands and the size of our customer loyalty club membership base means Super Retail Group remains well positioned to perform in retailmarket conditions where customers are carefully managing their spending and prioritising value-for-money purchases.”
Inside Retail connected with retail experts Nikki Baird, the vice president of strategy and product at Aptos, a retail technology company, and Neil Saunders, managing director and retail analyst at GlobalData, to gather their thoughts about the potential “Great Mall Resurgence” and what retailers should keep in mind.
Platforms like Meta and Google still play a vital role in retailersmarketing strategies but they shouldnt monopolise the whole marketing strategy. There are other areas of the marketing funnel that retailers can look to explore before going all in on paid media, including local area marketing.
“I think Dad really wanted to do something different, so they went off and started their own business in Gembrook, where we grew up as a family,” Hannah Gordon, the brand’s general manager and one of its directors, alongside her siblings Bobby and Kate, told Inside Retail. They started selling pottery at the market in St Kilda.
Identifying meaningful insights from retail partner apps – Woolworths Compass and Coles Portal and actioning in real time increases availability and prioritises key stores to target. Powerful retail solutions are driven by genuine data-driven insight. We are Australia and New Zealand’s leading field sales and retailmarketing group.
Omnichannel operational structure Adore Beautys executive team has been reshaped to ensure the business has the right structure to execute and manage the opening and operation of its bricks-and-mortar stores transforming the beauty retailer into an omnichannel one.
This latest acquisition further demonstrates Evolves’ expertise in identifying opportunities to buy, manage, and curate landmark mixed-use developments in attractive regional locations. It currently ranks in the top 100 RetailMarket Areas and is well-connected with excellent transport links.
However, data collected by Salesforce, a US-founded cloud-based customer relationship management (CRM) platform, revealed that at the moment TikTok is nowhere near being a noteworthy contender to Amazon. The post What do Amazon’s Prime Day results reveal about the US retailmarket?
Akeneo , the product experience company, is pleased to announce that it has been recognised by Ventana Research , an independent market research and technology advisory services firm, as a Value Index Leader in the 2023 Product Experience Management (PXM) Value Index. To learn more about Akeneo, please visit www.akeneo.com.
In this excerpt from Unnecessary Tales of a RetailMarketer , our lead character discovers that balancing their gorgeous new ad campaign with the rigours of BAU is more annoying than they would like. Retailmarketer: Got a brief for you. Retailmarketer: The broader ad campaign is kicking goals.
Jon Walkington, Retail and System Integrator Sales Director, Schoeller Allibert UK. Where does this leave retailers and their warehousing and logistics operators? UK supply chains certainly have their own challenges in managing a lack of warehousing availability, which is driving supply chain costs upward.
some manages a supply chain spanning global sourcing, inventory management, and logistics. Additionally, how to synchronise the launch of limited-edition products globally and manage product inventory are also challenges, the spokesperson said. On the operational side, Oh!some The supply chain advantage is a key part of Oh!some’s
The demand for Shein’s products didnt evaporate after the ban, creating a gap in the market that other fast-fashion brands, including Indian ones, are now scrambling to fill. According to Redseer Strategy Consultants, fast fashion emerged as the outlier and remained one of the few outperforming sectors in Indias retailmarket last year.
Despite modestly positive expectations for 2024, the luxury retailmarket did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.
These cutting-edge solutions will help retailers optimize customer loyalty and stay ahead of the curve in an ever-evolving market. EuroShop 2023 will also be focusing on key topics such as Connected Retail, Smart Store, Energy Management, Third Places, Customer Centricity, Experience and Lively City Centres.
Travis Wright, former general manager of fashion online retailer Esther & Co, is taking the reins as CEO at iconic Australian swimwear brand, Tigerlily. Earlier this year, she landed the seventh spot in Inside Retail ‘s Top 50 in E-Commerce list.
EG’s head of capital transactions, Sean Fleming, said Grand Plaza mall will benefit from the anticipated capital growth and cap rate compression across Australian retailmarkets this year. . Value can be extracted from this asset with an active asset management strategy to enhance the retail offering and tenant mix,” he said.
Calling Saks Fifth Avenue a global luxury retailer, Dinesh Taluja, Reliance Retails CFO, said the move aims to address the super luxury segment in India. Current retail players are limited to malls, specialty stores, and concept stores built around branded spaces.
All this – on top of challenges related to a highly competitive rental market, and an increased cost of borrowing – can lead to greater stress placed on staff and management which, in turn, can have a detrimental effect on wellbeing. He expects future rate rises before overall deflation in the retailmarket occurs.
I think bringing on 600 or 700 smaller stores only dilutes management focus, he added. While the luxury and discount markets are relatively unaffected by the cost-of-living crisis, Mortimer noted that the middle-market is really exposed. It doesn’t necessarily mean a wider range, more choice, more sales.
Japanese retailer Uniqlo is investing heavily in radio-frequency identification (RFID) technology to accelerate supply chain efficiencies, with an ambition to embed RFID into its global product range, facilitating improved inventory management and the customer self-checkout experience. So, our take?
The US luxury retailmarket was worth US$134.6 billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. While this is made up of spending from a whole range of income groups, the top 1 per cent play an outsized role in the success of the segment.
In an age when it is becoming increasingly difficult to capture the attention of younger consumers in a saturated retailmarket, it is essential for retailers to figure out the winning recipe to win the collaboration game in 2025.
Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency. Personalised recommendations: You can tailor marketing and product suggestions based on purchase history and browsing behaviour.
Australia’s e-commerce boom has given rise to a healthy ecosystem of online shopping merchants commanding a sizable user base of local consumers – many of whom managed to weather the pandemic by riding a surge of digital sales.
However, as it bucks the general direction of the market and stands in marked contrast to the more negative results of many other discretionary retailers, it is an exceptional level of performance. At a high level, the answer can be found in the skills and attitude of management.
“With the renewal of Lawrence Wong as our brand ambassador, we have many exciting campaigns and physical events, including launches and collaborations, planned for the year, and we cannot wait to share them with our customers,” Zann Lee, managing director of Skechers Southeast Asia, told Inside Retail.
Born in France, his first job after university was as a product manager for L’Oréal in Tokyo, where he became fluent in Japanese. Jurlique is about to roll out a new store concept centred on storytelling, and farm manager Cherie Hutchinson is increasingly playing the role of a brand ambassador.
The result is mounting pressure for retailers to deliver hyper-personalised, concierge-like shopping experiences with efficient handoffs between departments and channels before, during, and after a purchase. While 88 per cent of retailmarketers share integrated tech stacks with advertising teams, this alignment alone is not enough.
Network Rail Property has released its latest quarterly retail sales figures (Q2 covering July to September 2024), revealing a total sales* uplift of +10% and +6.3% like-for-like (LfL) sales boost across its portfolio of 19 managed stations in Great Britain. Retail Times - Retail Times | Retail News | Free Retail News
We have also underpinned all our decisions with a responsible approach to the environment, abiding by moral and ethical values in the management of the company and our entire supply chain. IR : How did the Credo Beauty partnership come about and what does this signal about the brand’s strategic plan for the US retailmarket?
This package is good for workers and for this major retailer alike, setting Bunnings up as a preferred employer in a tight retailmarket,” Dwyer told SBS. Further reading: Why Pet Circle is expanding into insurance amid pet spending boom The post Bunnings to trial four-day working week appeared first on Inside Retail.
What Is Retail Advertising? Retailmarketing, or retail advertising, includes various tactics to spread awareness to your target audience and increase sales — from old favorites to newly launched goods. There are three primary types of retailmarketing. Create a seamless checkout process.
Martin Wood, who joined Cartology last year from oOh Media, has been promoted to head of Strategic Partnerships and Matt Gower, former head of Research at News Corp, has joined the business as senior manager of Research and Insights. He will be reporting to Jodie Koning, Cartology head of Marketing and Insights.
HomeCo Ballarat shopping centre has been sold for $54 million, setting a new record in regional Victoria’s large format retail (LFR) sector. Tim McIntosh, director of retail middle markets at Colliers , managed the sale of the property on behalf of HomeCo Daily Needs REIT.
Compared with ten years ago, when I was on the retail side as a store manager, the amount of customisations that girls want, and the amount of changes on a dress, have increased because now everyone is ‘special’,” White explained. Signet Jewellers, the world’s largest retailer of diamond jewellery, is anticipating 2.5
“It’s a huge multibillion-dollar business and we’ll be carrying that flag through the Australian market,” he said, noting that BMG launched the brand’s e-commerce site in Australia last week. Next play will be to work with certain retailers in the market to introduce the brand to the wholesale community,” Jalil added.
Central’s acquisition move is not unusual,” Selvane Mohandas du Ménil, International Association of Department Stores managing director, told Inside Retail. According to GlobalData, the Europe luxury retailmarket size was US$109.8 Nevertheless, many wonder what is the bigger picture behind the investment.
Our tips for retailmarketing will help you level up in 2023 for better sales and happier customers. Take it a step further: Keep a pulse on local events that bring in extra tourism to your area, and double down on your local retailmarketing efforts during these times for a wider audience pool. Shopify predicts 42.9%
In this article, we will dive deeper into learning more about which video automation tools you can use for your retailmarketing strategy this year. Retailmarketers quickly realize how video transcription could save them time when presenting something new to their target audience.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content