Inside Retail

APRIL 24, 2024

Reporting by the business media of retail sales and other economic data produced by governments in developing Asia is often too trusting. Officially then, China’s retail sales rose by 4.7 The online share of total retail sales is now 23 per cent. billion, Same-store sales grew by 6.6

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Retail Focus

MARCH 30, 2023

Start Networking With Influencers Reach out to stylists, bloggers, influencers, and other relevant people in your industry to forge relationships. Leverage Programs and Promotions Offer creative promotions to entice customers to buy. Make sure these people have an audience in your niche.

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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?

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Inside Retail

JUNE 28, 2023

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 per cent while household goods fell by 4.4 per cent, the ABS said. per cent, WA at 5.7

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Inside Retail

JULY 10, 2024

Hong Kong retail sales continue to experience a recession, reporting a double-digit drop in two consecutive months in May and a 6.1 A government spokesman said the decline in sales was mainly due to the changes in the consumption patterns of visitors and residents, as well as the strength of the Hong Kong dollar.

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Inside Retail

AUGUST 3, 2023

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.

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Inside Retail

JULY 18, 2024

If trained correctly by drawing on data from throughout the retail business and with external sources such as econometrics, search, and social media, AI-driven forecasts can deliver at speed and scale and are best when combined with judgemental forecasts where the business activates promotional or other demand-driving initiatives.

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Inside Retail

JULY 22, 2024

The Reserve Bank of Australia and retailers will be staring each other down in the weeks ahead. Its economic data analysis will include retail sales at its August meeting with speculation around another increase in interest rates. The Australian Bureau of Statistics (ABS) noted the December 2023 quarter’s 0.3

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Inside Retail

OCTOBER 20, 2024

The festive season is just around the corner, and despite economic challenges, Australian retailers have plenty of reasons to feel optimistic about this year’s peak shopping period. Recent research shows retail sales are set to surge, driven by savvy shoppers and key events like Black Friday and Cyber Monday. billion, up 3.3

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Inside Retail

SEPTEMBER 26, 2024

. “These difficulties reportedly arise from some of the pricing practices of some supermarkets, such as frequent specials, short-term lowered prices, bulk-buy promotions, member-only prices and bundled prices.” Aldi accounts for 9 per cent and Metcash-supplied independent supermarkets account for 7 per cent.

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Inside Retail

JUNE 30, 2024

And CEO John Donohoe has insisted that the company wouldn’t give in on its pricing strategy in an increasingly promotional and competitive environment. Still, China is a growth area when viewed over the long term, though currently highly promotional. Other standouts were dry food (+9.3 per cent, including 3.7 per cent and +11.0

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Inside Retail

NOVEMBER 7, 2022

According to a recent report by Bain & Co and Meta, GDP growth and inflation in Southeast Asia are projected to perform better than other markets, such as the US and EU. To celebrate its birthday each year, it runs significant promotions and discounts of up to 90 per cent for a 24-hour ‘sales festival’ period. 10.10, 11.11

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Inside Retail

NOVEMBER 9, 2022

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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Inside Retail

MAY 22, 2023

Meanwhile, people aged 30-34 were feeling the pinch of cost of living pressures more than other age groups. per cent on retail services for the 12 months to March, 2023. Compared to other age groups, [their] actual consumption is significantly down compared to previous years,” Tubman said. per cent on apparel, and by 9.7

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Inside Retail

JULY 27, 2023

per cent, and ‘other retailing’ at 1.1 Australian Retailers Association CEO Paul Zahra said sales growth for essentials like food “masked an overall decline” in retail spending. Food makes up more than a third of retail spending and its performance is being inflated by unavoidable price increases.

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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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Retail Focus

SEPTEMBER 17, 2021

So, how do retailers choose the right selection of material and tools for your store’s visual merchandising concepts? Enthral your customers by mixing and matching materials with other styles and knowing which material best suits your visual merchandising concepts. Types of Plastics for Retail Stores . Reusability .

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Retail Focus

NOVEMBER 29, 2023

The survey of 2,000 UK consumers aged 16 to 26 was conducted in October 2023 and sought to identify the shopping habits and preferences of older Gen Z shoppers during the Golden Quarter , the peak retail sales period that runs from October through December. Currently, Gen Z is recognised as ages 11 through 26.

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Inside Retail

JUNE 22, 2023

There isn’t a silver bullet fix to restoring consumer confidence other than cost-of-living relief. During times of distress, Brookes observed that successful retailers invest in value, capital and expansion. On top of that we’ve got disparate industries with some booming, while others downturned.

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Inside Retail

NOVEMBER 6, 2022

It’s also an important time for retail staff, with many retailers taking on additional Christmas workforces to keep up with demand. However, the emergence of BFCM, and the fact many of these sales are predominantly online, has impacted the Christmas period significantly. Consider this; last year retail sales in November rose 5.8%

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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. Other new research also links this growth to rising profits. smaller packs with a lower PPU, larger packs with a lower PPV, private label alternatives, or searching and buying on promotion?.

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Inside Retail

DECEMBER 11, 2023

Welcome to December and the chance for retailers to redeem themselves with customers. Historically, the highest retail sales and earnings were generated in December in the weeks leading to Christmas and the following Boxing Day sales.

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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.

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Inside Retail

JULY 29, 2023

Cola Yao earns 40 per cent less than last year promoting credit cards for a Chinese state-owned bank, so she buys fewer clothes, less make-up and has cancelled her child’s summer swimming classes. In the first six months, total household disposable income, which includes wages and other sources of revenue, rose 5.8

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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.

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Retail Sales Marketing Other Strategy 130

Inside Retail

OCTOBER 7, 2024

Online sales in July 2024 reached $4.22 So if everyone is buying online, what other purpose can physical retail destinations serve for customers? billion – a 0.3 per cent increase from the previous month, and seasonally adjusted through-the-year figures have increased by 15.9 per cent.

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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.

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Inside Retail

NOVEMBER 26, 2023

Holiday shoppers in the US are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Despite an earlier start to retailers’ holiday promotions this year, there weren’t a lot of great deals initially, Garf said.

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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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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? digital merch) new ways to connect with the league and each other. Is that being done already?

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Inside Retail

FEBRUARY 27, 2023

While the percentage year-on-year growth in sales made through online channels has fallen since the heights achieved during the pandemic, we continue to see a ‘locked-in’ step change in the volume of sales being made online: that means the investments made to expand the utility and reach of this channel continue to be a valuable base for retailers.

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Inside Retail

JANUARY 8, 2022

million digitally active customers with Australian retailers, we can save consumers money while boosting retailers’ sales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth.

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Inside Retail

FEBRUARY 17, 2023

BEDA is owned by the Brisbane City Council, charged with enhancing and promoting the city’s reputation globally to drive visitation and attract investment and talent to the city by working closely with government and private sector organisations. Kehoe’s Kitchen’s current retail product range.

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Creative Displays Now

SEPTEMBER 7, 2022

As more aspects of sales go digital, you probably think about how you can stay ahead with marketing techniques and strategies that will work in the modern industry. Physical temporary displays are still beneficial for sales. Keep reading to learn about the value of using temporary vs. digital displays to promote your products.

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Parcel Pending

NOVEMBER 4, 2024

Ironically, however, the shopping season is getting longer thanks to big box retailers like Amazon, which kicked off its holiday season with Prime Big Deal Days in early October. Other retailers such as Walmart, Target, and Wayfair offered their deals in September and early October as well.

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Creative Displays Now

MARCH 8, 2022

It’s a crucial strategy to make your products stand out in a competitive retail space. This guide will explain visual merchandising and how to use it to promote your products. You could incorporate an interactive touch screen or promotional video into your retail display. Point-of-Sale Displays.

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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.

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