Inside Retail

AUGUST 25, 2024

Pre-tax earnings from its retail segment – that includes Dan Murphy’s and BWS – rose 4.1 per cent to $685 million as sales climbed 3.4 Its e-commerce sales jumped 5.9 per cent of total retail sales. per cent to $438 million as sales increased 4.2 per cent to $10.25 per cent to comprise 8.9

Strategy 278

Strategy Retail Sales Management Consumer 278

Inside Retail

JULY 18, 2024

While most retail executives understand the key drivers determining whether their business is turning a profit – factors like sales revenue, inventory turnover and margin management – such information can often be siloed in different company divisions.

Planning 147

Planning Retail Sales Social Media Consumer 147

Inside Retail

MARCH 14, 2024

Elijah Etri, Skippy’s Fresh Frootz manager at Victoria Point, Queensland, has started a new Tiktok challenge, encouraging viewers to head into their local supermarket and check the prices of comparable produce and products. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.

Strategy 263

Strategy Social Media Management Consumer 263

Inside Retail

OCTOBER 31, 2024

.” In August, Amazon CEO Andy Jassy said average selling prices were falling because customers were trading down to cheaper items and buying more essential goods, and that sales of bigger ticket items like computers and electronics were growing “more slowly” than in a robust economy. per cent in the third quarter from 0.9

Apparel 130

Apparel Accessories Accessories Retail Sales 130

Inside Retail

FEBRUARY 5, 2025

per cent from a year ago, due to the opening of new malls and improved occupancy over the portfolio, but Vincoms revenue crown jewel, the sale of inventory properties (shophouses), has been hollowed out. The company managed to eke out a 1.7 per cent but the sale of shophouses cut roughly in half. Leasing revenue increased 3.9

Shopping 130

Shopping Fashion Contrast Perspective 130

Inside Retail

MARCH 3, 2025

Indeed, many retailers will happily say goodbye to 2024, a period when high inflation and interest rates remained persistent and an ongoing cost-of-living crisis crushed consumer sentiment to its lowest in 45 years, all of which resulted in anaemic national year-on-year retail sales growth. How did they adapt?

Social Media 130

Social Media Promotion Engagement Consumer 130

Inside Retail

DECEMBER 17, 2024

Research from E-marketer shows that global marketplaces accounted for 62 per cent of online retail sales last year up four points from 2022. The answer lies in brand recognition, a diverse product range, innovation, the use of technology to understand customers’ needs and preferences, and aggressive pricing strategies.

Marketing 130

Marketing Shopping Perspective Strategy 130

Retail Focus

MARCH 29, 2022

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Download your free copy of the eBook here. .

Consumer 211

Consumer Concept Management Shopping 211

Inside Retail

NOVEMBER 13, 2023

As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retail market.” In 2022, Walmart accounted for approximately US$500 billion in retail sales.

Display 246

Display Merchandising Light Shopping 246

Inside Retail

AUGUST 15, 2021

Data shows the rapid increase in online shopping that defined the first year of the global pandemic has started to fade, as the novelty of lockdowns wears off and government stimuluses run out, and online retailers that once enjoyed record highs are now working harder to drive sales.

Planning 246

Planning Fashion Shopping Strategy 246

Inside Retail

AUGUST 14, 2024

The head of retail at Accent Group’s Hype DC, The Trybe and Subtype ispassionate about championing retail as a career, and a lucrative one at that, and firmly believes that leaders can lead with empathy and get commercial results. A year later, the children’s footwear retailer Trybe was added to her plate.

Management 147

Management Strategy Balance Engagement 147

Inside Retail

JUNE 9, 2022

Last month we talked about How coaching influences the retail sales culture. Being that person that your team member remembers as giving them confidence, believing in them and providing the support necessary for them to progress or take the next step is a benchmark for any people manager. Benefits for the individual.

Other 246

Other Strategy Retail Sales Management 246

Inside Retail

MARCH 13, 2023

It also has a significant online presence, claiming 50 per cent of all online Australian liquor sales. Pfeiffer-Smith stepped into the MD job in July 2022, shifting across from a role as Endeavour Group’s chief strategy officer.

Engagement 244

Engagement Location Management Marketing 244

Inside Retail

APRIL 29, 2021

They are now so big and so powerful that Amazon is the default,” Nathan Bush, director of e-commerce strategy at eSuite, told Inside Retail. “Many domestic retailers were not strong on digital, especially department stores which offer similar home product ranges,” she told Inside Retail. . billion in 2019.

Department Stores 246

Department Stores Shopping Expansion Engagement 246

Inside Retail

JUNE 22, 2023

Regarding his own businesses, Brookes is reducing profitability expectations over the next 12 months, and focusing on investments in acquisitions and new stores, as well as pricing and marketing strategies. According to Mansfield, these strategies were effective in helping retailers navigate recessionary conditions.

Consumer 246

Consumer Customer Retention Strategy Marketing 246

Inside Retail

MAY 16, 2024

All four brands are globally distributed with strong retail sales and partnerships throughout Australia, New Zealand and North America, and a growing presence in Europe. Bond-eye currently has a presence in 31 countries through its direct-to-consumer (DTC) e-commerce business and global retail partnerships.

Marketing 147

Marketing Fashion Boutique Flow 147

Inside Retail

OCTOBER 2, 2023

The group plans to review its retail operations and identify any new opportunities that a different corporate structure could bring to Smiggle and Peter Alexander, up to a potential demerger of the brands, and to analyse any potential capital requirements, management structures, and separation costs.

Expansion 259

Expansion Planning Marketing Consumer 259

RetailMinded

JUNE 16, 2021

Sales forecasting shows the potential problems that impact sales quota to resolve them even before they arise. This information is vital in making the right strategies to prevent a drastic reduction in sales. Below are some tips to help improve your retail sales forecasting. Hire A Financial Analyst .

Retail Sales 52

Retail Sales Strategy Planning Marketing 52

Inside Retail

JUNE 16, 2022

In an era when more and more consumers are actively shopping across multiple channels, retailers across Australia are leaving millions of dollars of potential income on the table by not pursuing an omnichannel media management solution. They end up spending that money with Google or Facebook or somewhere else.

Social Media 147

Social Media Management Advertising Planning 147

RetailMinded

DECEMBER 2, 2021

With over a quarter of all retail sales shares in the UK being held by online sales, the ecommerce industry yields opportunities for your business to expand its horizons. . In this guide we’ll cover the reasons why delivery strategy is vital not just for securing more sales but building a positive reputation for your business.

Strategy 52

Strategy Advertising Tailored Retail Sales 52

Inside Retail

AUGUST 20, 2022

The number of touchpoints to reach them and the amount of data being generated, continues to skyrocket, which can sometimes make for a very disjointed customer engagement strategy. . This allows businesses to evaluate and continuously evolve their customer engagement strategies to grow their brand. Take Ticketek , for example.

Customer Engagement 130

Customer Engagement Engagement Reimagine Strategy 130

Inside Retail

JULY 11, 2023

Jaya Grocer’s deputy CEO, Daniel Teng, and Coles’ general manager of exports and fresh food commercials, Will Mulholland, sealed the deal at a symbolic ceremony at Jaya Grocer Starling Mall, witnessed by the Australian Deputy High Commissioner to Malaysia, Clare Gatehouse.

Marketing 37

Marketing Consumer Tailored Shopping 37

Inside Retail

MARCH 27, 2022

In this Post-Covid trading environment, where online sales are now accounting for 25 per-cent or more of retail sales, the majority of Australian retailers are reviewing their physical store network. In reality, many retailers may be better served by retaining a smaller, high-performance store network.

Management 130

Management Engagement Promotion Strategy 130

Inside Retail

NOVEMBER 29, 2022

Australian retail sales are on the rise, but new research suggests that this growth is driven by inflation, not by consumers buying more. Cost-to-serve elements are essential to managing price and profit but can be overlooked in the race to stand out on value perceptions or promotions. .

Promotion 130

Promotion Strategy Consumer Planning 130

Inside Retail

APRIL 8, 2021

The impact of Covid-19 restrictions nationally was not as serious as in the early months of calendar 2020 and sales were bolstered by Black Friday, Click Frenzy and Cyber Monday leading into Christmas. One retail group that remains bullish about future prospects is Premier Retail, which posted a 7.2 million in global sales.

Fashion 130

Fashion Retail Sales Other Management 130

Parcel Pending

FEBRUARY 12, 2024

1,2 The challenge for convenience store owners, therefore, is implementing a business plan with strategies that increase retail sales, foot traffic, and profit margins. 7 Explore Omnichannel Shopping Omnichannel marketing means customers want the same retail sales experience, in-store or on their computer, tablet, or smartphone.

Strategy 52

Strategy Consumer Location Layout 52

Inside Retail

MARCH 29, 2022

It’s a really vibrant space, and we’re so excited to open,” Sandra Kennedy, Sheike’s general manager, told Inside Retail. Online is a major contributor to our business and one that we will continue to champion and invest in strongly – just like our bricks-and-mortar strategy.

Fashion 130

Fashion Concept Apparel Space 130

Inside Retail

DECEMBER 13, 2023

According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3 billion in retail sales the year before. But that is beginning to change, as American institutions increasingly embrace multicultural festivities.

Gifts 130

Gifts Accessories Accessories Social Media 130

Inside Retail

SEPTEMBER 26, 2022

So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. Our market share is up almost 6 per cent compared to a year ago, from roughly 9 share points to 14,” Laurent Stévenart, Singapore’s country manager for Impossible Foods, told Inside Retail. The current state of affairs.

Expansion 130

Expansion Consumer Marketing Planning 130

Parcel Pending

NOVEMBER 4, 2024

retail growth in Q1 2024. Together, these two retail behemoths account for approximately 38% of every additional retail sales dollar in the U.S. 2 This concentration of growth is creating a challenging environment for other retailers, making expansion difficult and fostering significant uncertainty in the market.

Shopping 59

Shopping Social Media Consumer Other 59

Inside Retail

DECEMBER 10, 2024

E-commerce marketplaces to gain share In 2025, Coresight Research expects online marketplaces will capture an even larger share of retail sales, and may even potentially outpace traditional retailers, as consumers continue to favour the convenience and competitive prices that platforms like Shein and Temu offer.

Promotion 130

Promotion Consumer Strategy Advertising 130

Inside Retail

NOVEMBER 6, 2023

Overall, the brand’s retail sales, including DTC, Glossier stores, and Sephora, are up by 73 per cent year-over-year, marking a second consecutive year of growth, with no signs of slowing down anytime soon. (It launched in Sephora US and Canada in February, and in the UK in September.)

Social Media 130

Social Media Strategy Consumer Expansion 130

Inside Retail

OCTOBER 5, 2023

What I did know was that I loved retail and was good with numbers — the whole interaction with customers in trying to understand what their pain points were and how I could create solutions for them, I just really enjoyed it. All the different parts of the puzzle were starting to come together and the strategy was being put into action.

Strategy 130

Strategy Hobbies Balance Perspective 130

Inside Retail

DECEMBER 17, 2023

Hong Kong’s total retail sales are down about 20 per cent from 2018 levels and in an effort to reduce the reliance on luxury spending by Chinese shoppers, the government and tourism sector are trying to woo visitors to nature and leisure attractions. It remains unclear how effective that strategy will be to lure back spending.

Department Stores 130

Department Stores Shopping Space Display 130

Retail Focus

JULY 20, 2021

Plans include the development of a new family entertainment ‘Leisure District’, allowing visitors of all ages to enjoy a range of non-retail activities and attractions, as well new restaurants. A new centre manager has also been appointed for Merry Hill. The line is expected to be open to passengers by 2023.

Shopping 130

Shopping Planning Location Management 130

Inside Retail

APRIL 4, 2023

IR: Can you discuss the split between e-commerce and physical retail sales, and whether there are distinct strategies in place for each channel? Do you think the physical locations are or will enhance online sales? LR: We don’t view online and offline as disparate strategies.

Merchandising 130

Merchandising Apparel Promotion Location 130

Inside Retail

SEPTEMBER 21, 2022

At the time, I was a partner in business advisory at EY and was exploring a path for a more creative and entrepreneurial career, so naturally we started working together and I started supporting him on his strategy and some creative and business ventures during my time off. IR: What is MFK’s physical store strategy?

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Boutique Fashion Art Strategy 130