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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

Analysts suggest that while a cut seems probable in the first quarter of next year (hopefully before Easter anyway), it’s uncertain how quickly any rate reduction will trickle down to impact retail sales. Retailers need to leverage this trend to prepare for an earlier holiday season. points in September.

Strategy 130
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Ramadan shopping trends unpacked: What retailers need to know

Inside Retail

Growing demand has led some retailers to operate 24 hours a day to accommodate changing consumption patterns. Understanding these changing patterns has become crucial for businesses looking to capitalise on this significant retail opportunity. This year, Ramadan began on February 28 and ends on March 30.

Shopping 130
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When Is the Time Right to Fire Your Retail Sales Agency?

Retail Bound

For product startups, partnering with a retail sales agency often feels like a natural step. These agencies bring expertise, established relationships, and credibility to help your brand penetrate retail markets. Sometimes, the very agency you trusted to drive your retail success may start holding your business back.

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Unwrapping retail spending over the Christmas sales season

Inside Retail

With 2024s peak shopping season in the rearview mirror, consumer spending behaviours and responses to major retail sales events are coming into focus. Examining where and when people shopped reveals valuable insights for retailers as they hone their strategies ahead. per cent to $51 billion.

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Why consumer spending in one retail category is outpacing all others

Inside Retail

As retailers gear up for peak season, many are fine-tuning sales strategies as shoppers’ spending capacity and preferences change. However, behind the headline numbers sits a range of spending patterns. For example, general retail recorded the strongest growth among discretionary categories, rising by 5 per cent.

Other 147
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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

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. Endeavour Group’s sales for the latest financial year were up 2.5 Sales have increased by around $1.5 per cent fall in retail sales to $3.61

Expansion 246
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Luxury Retailers Eye Smaller Cities

VMS

Once almost solely concentrated in major retail cities, luxury retailers are changing their location strategies due to new patterns of living and working, Frame reports. In 2021, retail sales there ranked third in China, and as many as 169 global brands arrived in the city, says the local commerce commission.

Jewelry 97