Retail Focus

MARCH 30, 2023

Leverage Programs and Promotions Offer creative promotions to entice customers to buy. In Conclusion… These are just some of the techniques you can use to increase high-end retail sales. The post 10 Different Techniques to Try to Increase High-End Retail Sales appeared first on Retail Focus - Retail Design.

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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

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

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 By state, ACT led with the highest growth in retail turnover at 9 per cent followed by SA at 6.5

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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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Department Stores Retail Sales Apparel Promotion 246

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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Retail Sales Promotion Social Media Engagement 98

Inside Retail

JULY 22, 2024

Its economic data analysis will include retail sales at its August meeting with speculation around another increase in interest rates. Retailers are praying for a most unlikely cut to interest rates or, at least, a hold on them at the August board meeting.

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Inside Retail

NOVEMBER 7, 2022

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. Retailers often see a significant sales spike, so it’s a good time to run promotions in Southeast Asian countries, such as Indonesia and Malaysia, which are Muslim-majority countries.

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Inside Retail

SEPTEMBER 26, 2024

. “Many consumers have told us that they are losing trust in the sale price claims by supermarkets,” said Mick Keogh, ACCC deputy chair. The ACCC described Australia’s supermarket industry as an “oligopoly” with Woolworths and Coles accounting for 67 per cent of supermarket retail sales nationwide.

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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. per cent, including 3.7 per cent in May on a year-on-year basis.

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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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Retail Focus

NOVEMBER 28, 2024

Black Friday is now an established festival of discounting, with many retailers offering up an entire month of discounting and some even starting Black Friday promotions as early as October,” Gary Whittemore, Head of Sales EMEA & APAC at RetailNext, commented. “But

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Inside Retail

OCTOBER 31, 2023

Nine in 10 of the best-selling days for e-commerce retailers come in the same quarter. And one-third of all retail sales happen during the holiday season. Testing When gearing up for peak, ensure rigorous testing of your content and promotional plans on both test environments and in production well in advance.

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Inside Retail

MAY 22, 2023

She also said that there had been a change in consumer habits, whereby younger customers are tending to purchase products during promotional and sales periods. We’ve also been running more targeted promotions of some of our younger, fresher styles and collaborations to drive sales.” Despite March showing a 5.4

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Inside Retail

NOVEMBER 13, 2024

“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

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Inside Retail

AUGUST 11, 2024

Some of the ways Officeworks does this is by offering flexible work arrangements, promoting work-life balance and employee well-being, as well as “recognising and rewarding our team for their contributions and milestones”.

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Retail Focus

DECEMBER 9, 2024

Earlier in the month, IMRG had reported a slow start to online retailers Black Friday campaigns ; its data suggested ecommerce revenues had dipped in the first two weeks of November, as shoppers resisted early promotions and held out longer in the hope for even better deals. million transactions , +11% higher than in 2023.

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . There were some positives in the figures, with the average value of online orders in July marking the second highest month of revenue this year.

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Inside Retail

NOVEMBER 17, 2024

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.

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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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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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VMS

DECEMBER 28, 2021

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2020 and 14.6

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Inside Retail

JULY 27, 2023

Ben Dorber, ABS head of retail statistics, said retail turnover fell due to “weaker than usual spending” on end-of-financial-year sales. There was extra discounting and promotional activity in May, leading up to mid-year sales events.

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Inside Retail

MARCH 14, 2024

Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales. Its Competition Review will conclude in August 2025 and is expected to reveal how the government could potentially improve pricing in a competitive industry such as supermarket retail.

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Inside Retail

NOVEMBER 17, 2024

That has knocked retail sales, which are under pressure even as major vendors like Alibaba and JD.com dole out promotions and discounts. per cent rise in sales across all major e-commerce platforms, according to data provider Syntun. JD.com on Thursday also missed estimates for quarterly revenue. That resulted in a 26.6

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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

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.

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Retail Times

MAY 28, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Sellex Managing Director, Anthony Carr, says that if the era of cheap food is over […] If you want more information Retail Times get in touch!

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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. 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. .

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Inside Retail

NOVEMBER 29, 2021

Boosted by the Black Friday and Cyber Monday sales, November has overtaken December for retail sales for the past three years. November 2021 seems likely to again be crucial to Christmas trading results for retailers with consumers having been urged to shop early to avoid possible product shortages. per cent jump.

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Retail Focus

SEPTEMBER 17, 2021

The sleek appearance of acrylic helps to promote a sense of luxury in the store. As plastic is lightweight and versatile, it is prevalent in the cosmetic and skincare industry and retailers to create attractive product displays. Example 2: Cosmetic Tester Bar . Example 3: Cosmetic Tester Unit Display.

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Inside Retail

DECEMBER 10, 2024

Two key areas where retail media could unlock opportunities include in-store media and shopper data as a profit center. With the first, Coresight Research recommended that retailers should focus on in-store media opportunities while keeping promotions distinct from retail media.

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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.

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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

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 11, 2021

The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alibaba once aggressively promoted. Alibaba turned China’s informal Singles’ Day into a shopping event in 2009 and built it into the world’s biggest online sales fest, dwarfing Cyber Monday in the United States.

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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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