Inside Retail

SEPTEMBER 26, 2024

The Australian Competition and Consumer Commission’s (ACCC) interim report for supermarkets inquiry revealed that almost 50 per cent of consumers now ‘often’ or ‘always’ compare prices before shopping, a significant increase from 17 per cent found by the watchdog’s 2008 Grocery Inquiry.

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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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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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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 2019.

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Inside Retail

NOVEMBER 18, 2021

Almost a decade on from launching online sales event Click Frenzy, Peter Krideras is taking a more conscious approach to the November sales period with the introduction of Green Friday – a sales event exclusively for sustainable and ethical brands. Flora & Fauna gets behind Green Friday.

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Parcel Pending

NOVEMBER 4, 2024

As we approach the 2024 holiday season, retailers are gearing up for another year of generational differences in shopping habits. Understanding these distinctions is crucial for businesses looking to capitalize on the year’s busiest shopping period. retail growth in Q1 2024.

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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

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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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 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 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

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

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. The retailer’s website is merely the start of a customer’s shopping journey today.

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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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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

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. per cent.

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Inside Retail

MARCH 14, 2024

Earlier this week, Etri told A Current Affair, “If you start shopping local at places like this that are offering prices that benefit the consumer, then you are going to see more businesses open that are doing the same thing. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.

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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

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

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Here, we chat with CEO of retail, Dato’ Joyce Yap, about the future of malls and how sector have evolved in the past year.

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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. . Estimates of a 4.2%

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Creative Displays Now

SEPTEMBER 15, 2023

Retail customers have various ways to shop, from brick-and-mortar to e-commerce stores. It helps brands leverage and scale communication channels to promote products and increase sales while focusing on customer needs and journeys. Why is connecting all the messages important?

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Inside Retail

AUGUST 20, 2022

As we know, today’s consumers are doing much of their shopping online. billion on online retail , accounting for around 13.2 per cent of the total retail sales (NAB). Meaningful, personalised engagement is about more than just pop-up ads on a mobile site or a promotional email.

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Inside Retail

MARCH 20, 2024

On the digital side of the retail equation, these countries are fueled by quick commerce, hyperlocal delivery services and digitalisation of small traditional retailers. According to Pathak, an omni-channel play is a must-have for any retailer in Southeast Asia. AI has significant potential to drive retail transformation.

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VMS

OCTOBER 29, 2021

After September’s better-than-anticipated retail sales numbers, a new survey polling top retail executives points to a gloomier horizon. Our research indicates that this year will be decidedly different, and consumers should plan to shop early to avoid disappointment and expect to pay more.

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VMS

OCTOBER 29, 2021

After September’s better-than-anticipated retail sales numbers, a new survey polling top retail executives points to a gloomier horizon. Our research indicates that this year will be decidedly different, and consumers should plan to shop early to avoid disappointment and expect to pay more.

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Inside Retail

APRIL 13, 2022

You’ve chosen a great retail sales program for your team. Training your team is a significant investment, so it’s important to ensure that it’s driving the results you need, such as improved sales figures, growth in conversions, or net promoter scores. . Now, you need to get that program working hard for you.

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Engagement Promotion Retail Sales Management 130

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. The recession has already started to impact shopping behaviour, which will continue for much of this year.

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Retail Focus

FEBRUARY 2, 2024

Exceptional customer service goes beyond driving sales. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade. Considering these numbers, retailers have valid reasons to go above and beyond to capture their fair share of the market.

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Inside Retail

OCTOBER 24, 2021

Amazon’s advertising revenues are forecast to reach $30 billion this financial year, close to 6 per cent of its retail sales, and many multiples beyond that of most traditional retailers. Driven by the need for contactless shopping due to Covid, Scan&Go has been growing its share of sales globally. Scan&Go.

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Parcel Pending

OCTOBER 2, 2024

What to Expect from This Year’s Big Deal Days According to Numerator, the average order size on 2024 Prime Day sales event was $57.97 and 60% of households shopping Prime Day placed 2+ separate orders, bringing the average household spend to roughly $152.33. The delivery influx from this retailer is relentless.

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Retailing Insight

NOVEMBER 2, 2021

This coming year will set the new shopping trends in stone for the next decade and create a new standard for retailers to pay attention to and master. IN-PERSON SHOPPING Has dropped from 60% of sales to 37% of sales, according to the Verizon Look Forward Study. FASTER & FREE SHIPPING Consumers will pay more!

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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. In-Store Shopping Experience.

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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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Retail Focus

DECEMBER 9, 2022

There has been a steady rise in e-commerce and online retail sales. The online sales sector has become a major component of modern business and online entrepreneurship. This article looks at how cryptocurrencies are changing online retail and e-commerce. The rise of e-commerce driven by crypto.

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Retail Focus

SEPTEMBER 17, 2021

Using recycled plastic or recyclable plastic is a great visual merchandising tip for brands and shops trying to reduce carbon footprints for more environmentally-friendly plastic options. . The sleek appearance of acrylic helps to promote a sense of luxury in the store. Example 2: Cosmetic Tester Bar . Work with TDF .

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