Inside Retail

NOVEMBER 4, 2024

Vincom Retail is Vietnam’s biggest mall operator by dint of opening malls here, there and everywhere, but is this the right strategy? Its continuing stagnation in key operating metrics on a year-over-year basis, despite rising retail sales and a sound economy, is concerning. appeared first on Inside Retail Australia.

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Inside Retail

JULY 18, 2024

Significant market trends are impacting retail businesses today – the migration of consumers online, supply-chain challenges and the cost-of-living crisis to name just a few – but there is a more obvious reason many retailers are struggling. Good planning tools arrive at consensus forecasts from every area of the business.

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Inside Retail

JULY 11, 2023

South East Asia is an overall important market for us and the initial launches in neighbouring countries made Malaysia a natural market to enter into,” Mulholland told Inside Retail. The company will collaborate closely with its partners to tailor its product range to the Malaysian market. per cent, but GDP dropped to 5.6

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Inside Retail

MARCH 14, 2024

Etri emphasised that Skippy’s intention and business strategy is to move volume, so it passes on savings from suppliers and doesn’t use large markups to drive profit. Farmers have argued that the major supermarkets’ market power enables them to keep prices low, creating unsustainable conditions.

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Retail Focus

MARCH 30, 2023

While all retail stores use similar marketing techniques , high-end retail stores have to use that blueprint and turn it on its head. 10 Different Techniques to Increase Luxury Sales Figures Gucci, Dior, and Chanel can get by with just name recognition alone, but your brand will need something more.

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Inside Retail

NOVEMBER 8, 2021

As the data-decision driven world continues to evolve, the marketing space is seeing marketers, category and brand professionals alike held more accountable than ever for success and delivering results – not just with vanity metrics like clicks and engagement, but perpetually trying to understand how these convert into sales.

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Retail Bound

MAY 9, 2023

Influencer marketing is a form of marketing where businesses partner with social media influencers to promote their products or services. Retail-specific influencers play a significant role in promoting products and driving sales for brands at specific retailers.

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Inside Retail

FEBRUARY 20, 2024

In this article, we will delve into the top five e-commerce tips that should be at the forefront of your strategy, with a keen focus on driving growth not only within the digital realm but across your entire business. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2

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Inside Retail

NOVEMBER 18, 2021

Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. Accept that China is a very different market to the one you’re used to. Research the right market.

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Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions. China’s e-commerce market, worth $1.9

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Inside Retail

SEPTEMBER 14, 2023

The luxury retail landscape in India has long posed a formidable challenge for international brands. With a vast population still grappling with basic needs and a price-sensitive market, many global luxury players have incurred significant losses in the past. times by 2030, reaching a staggering US$300 billion.

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Inside Retail

OCTOBER 19, 2023

Indeed, it is rather odd that the billionaire Bruce Mathieson Snr would have backed Wavish to shake up the Endeavour Group board and rejig its business strategies. However, he may not know it as well as they believe, given significant changes in the market. Endeavour Group’s sales for the latest financial year were up 2.5

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Inside Retail

APRIL 21, 2024

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. With higher than expected growth , a burgeoning middle class, and evolving consumer preferences, China stands at the forefront of the retail revolution. per cent and 6 per cent respectively. Two thirds (66.3

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Inside Retail

JUNE 22, 2023

This, he said, is covering up volume decreases for retailers. Many retailers aren’t keeping up with the inflation rate and seeing negative growth. Success] will be very much about stealing market share from competitors,” Brookes said. It’s fair to say that no one will escape this dilemma,” he said.

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Inside Retail

NOVEMBER 13, 2024

A key factor has been the decline in attendance of international delegates,” Iacono, CEO of strategy and sustainability transformation consultancy at The Growth Activists, told Inside Retail. Retail sales are extremely patchy and discretionary spending is down,” stated Garland.

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Retail Bound

JANUARY 6, 2021

With an innovative marketing strategy, a business can improve brand recall leading to more customer loyalty and increased sales. Influencing marketing is one of the innovative strategies that brands have been using to reach and engage their customers. Reaching out to relevant audiences.

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Inside Retail

APRIL 30, 2024

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4 This series recently won a prestigious Gold LIT Award,” he said.

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Retail Focus

DECEMBER 10, 2021

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Despite this, there are some bright shoots of recovery.

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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.

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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.

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Inside Retail

MAY 16, 2024

In 2011, Australian swimwear label Bond-eye re-entered the market, after taking a hiatus for several years to recalibrate. Brand identity for strong, scalable growth Today Bond-eye is known for its balance between function and aesthetic, impeccable quality and aspirational marketing campaigns. A major factor is that Bond-eye sells.

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Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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Inside Retail

APRIL 29, 2021

Amazon expects net sales in the quarter ended June 30, 2020, to be between US$110 billion and US$116 billion, an increase of between 24 per cent and 30 per cent year on year. It’s not surprising that Amazon has done really well,” Jason Pallant, a senior lecturer in marketing at Swinburne Business School, told Inside Retail.

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Inside Retail

OCTOBER 2, 2023

billion – with a large question mark over how viable such an expansion would be due to the fact that it is ‘unproven’ in other markets. Australian retail sales have fallen in recent months, and Premier hasn’t been exempt from that. “As Despite this, Lew remains bullish on the prospect of Premier’s brands going global.

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Inside Retail

JUNE 9, 2022

Last month we talked about How coaching influences the retail sales culture. On the flip side, being known for having a great culture helps you attract the right people , even in a tight labour market. Today’s top retailers succeed by embracing a culture grounded in learning, transparency and accountability.

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Inside Retail

MARCH 13, 2023

Pfeiffer-Smith stepped into the MD job in July 2022, shifting across from a role as Endeavour Group’s chief strategy officer. Dan Murphy’s has also observed a trend towards customers wanting to try new products, with 40 per cent of Endeavour’s retail sales coming from categories that did not exist eight years ago.

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Inside Retail

JUNE 16, 2021

With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses. One surefire way to drive customers back is by participating in key retail sales events. For most brands, sales events have become a regular part of the calendar.

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Inside Retail

OCTOBER 27, 2024

It’s the same thrill that retailers across Australia feel as retail sale season kicks off. Lasting from November through January, sale season captures the excitement and hustle as retailers gear up for Click Frenzy, Black Friday , Boxing Day, and beyond. This helps customers feel empowered over their data.

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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. In a warning to Australian retail brands, he sees the market share of marketplaces growing even further. And make no mistake, TikTok Shop is now coming to this market.

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RetailMinded

JUNE 16, 2021

You should always prepare for the worst because you won’t likely hit sales in all seasons without a solid sales and marketing plan and continuous sales monitoring. Sales forecasting shows the potential problems that impact sales quota to resolve them even before they arise. Hire A Financial Analyst .

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Retail Focus

JANUARY 24, 2023

Unsurprisingly, retail sales are predicted to struggle this year, with discretionary and leisure items being more negatively impacted than others. When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. sales growth over the period.

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Inside Retail

DECEMBER 1, 2021

As the data-decision driven world continues to evolve, the marketing space is seeing marketers, category and brand professionals alike held more accountable than ever for success and delivering results – not just with vanity metrics like clicks and engagement, but perpetually trying to understand how these convert into sales.

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Retail Bound

NOVEMBER 28, 2023

In this blog, we’ll explore how product videos can benefit retail sales and why they should be an integral part of any brand’s marketing strategy. This not only builds trust with customers but also increases the chances of making a sale. Ready to take your retail sales to the next level?

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Inside Retail

DECEMBER 10, 2024

In its annual report, advisory firm Coresight Research identified six trends, including the advanced integration of generative artificial intelligence (GenAI) and the growing impact of GLP-1 drugs, that will impact the US retail industry in the year ahead. per cent and outpacing the hardware segment, which will see 40.9

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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.

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Inside Retail

JUNE 1, 2022

Online retail sales showed exceptionally large growth over the main lockdown periods of 2020 and 2021. A recent Australia Post report found that online retail sales growth in 2021 had doubled the pre-pandemic growth baseline, with an annual increase in online sales of 12.3 Brand awareness and marketing strategy.

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Inside Retail

JUNE 30, 2021

In fact, China saw its economy strengthen in November 2020, with retail sales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth.

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