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How poor planning is costing retailers sales – and profits

Inside Retail

Working with retailers across Australia and New Zealand, Quantiful CEO Jamie Cormack has identified poor planning outcomes as one of the significant causes forcing retailers to contract and even close stores today. The innovation is a demand planning tool that delivers accurate forecasts and illustrates what is driving demand.”

Planning 147
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Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

“Participation has definitely lifted our brand profile as we continue to grow our brand and to explore our options overseas,” Denni Francisco, founder of Ngali, told Inside Retail. Given the event represents ‘Australian’ fashion it has more impact when promoting our brand and gives us credibility,” she added. “I

Fashion 246
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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 will need to adapt by promoting products that resonate with consumers seeking value. points in September.

Strategy 130
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What China’s latest retail sales reveal about changing consumer spending

Inside Retail

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 per cent to US$4.0

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Ramadan shopping trends unpacked: What retailers need to know

Inside Retail

Understanding these changing patterns has become crucial for businesses looking to capitalise on this significant retail opportunity. According to the company, from 2022 to 2023, sales increased by 8 per cent, followed by an even stronger surge of 16 per cent from 2023 to 2024.

Shopping 130
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Aptos survey: 88% of Gen Z shoppers in UK plan to visit a physical store this Golden Quarter

Retail Focus

The report found that the majority of Gen Z shoppers plan to spend more or the same on Christmas gifts compared to last year and that visiting stores during the festive period is a top priority. As this demographic gets older and gains more disposable income, they have become a key audience for retailers to engage.

Planning 173
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Hong Kong retail sales remain grim: Is there light at the end of the tunnel?

Inside Retail

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.