Inside Retail

MARCH 20, 2024

China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions. Despite sales remaining below the pre-pandemic level and weak consumer sentiment, retail growth is expected to reach 5 per cent from 2022 to 2027. AI has significant potential to drive retail transformation.

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Inside Retail

SEPTEMBER 19, 2023

Watsons’ “The Grand Store” in the Philippines is leading this trend by leveraging Artificial Intelligence (AI) and Augmented Reality (AR) to personalise in-store shopping. He went on to say that adoption and implementation would vary across retailers, markets and product categories.

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Inside Retail

SEPTEMBER 5, 2023

Retail real estate options in Western Australia are expected to be limited in the future with just 43,000sqm of new space being offered in Perth between now and 2026, according to CBRE’s latest WA Retail Market Overview.

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Retail Focus

FEBRUARY 15, 2024

Utilizing data analytics, retailers can deliver personalized marketing messages and customized product recommendations. This approach not only enhances the shopping experience but also increases the likelihood of conversions by making students feel uniquely valued.

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Inside Retail

JULY 2, 2024

While the everyday consumer has become pri c e-sensitive with the growing costs of living in the US, the 1 per cent is still spending – to a point where the luxury shopping market has become more competitive than ever. The retail expert noted that “for discretionary luxury shopping in physical retail, this is paramount”.

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Inside Retail

FEBRUARY 16, 2023

According to the company’s sentiment tracker, Chinese consumers have a very strong desire to travel and recommence shopping in duty-free stores. The post Behind the rise of ultra-prestige products in Asia’s travel retail market appeared first on Inside Retail.

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Retail Focus

APRIL 9, 2021

of total retail sales in the UK in 2019 1 , climbing to over 38% in the first lockdown, and estimated to have settled in the region of 28-30% subsequently, retailers are now accepting that larger online capability is not just necessary but expected. References: 1 E-commerce share of UK retail sales 2019-2024, Statista.

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Inside Retail

MAY 29, 2024

The Memo will launch two locations in Melbourne to expand its footprint in the premium baby retail market. The company will open the doors to its Fitzroy location on May 31, while the second store, which is also the largest, will be unveiled on June 22 at Highpoint Shopping Centre in Maribyrnong.

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Inside Retail

APRIL 22, 2021

Looking ahead to the future of online shopping, three key trends in particular are likely to have lasting implications. Around the world, direct-to-consumer (D2C) brands are becoming mainstream — and they’re causing a major shift in where, when and how shopping is done. Direct-to-consumer selling. And now’s the time to get ahead.

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Retail Focus

FEBRUARY 6, 2023

To meet the needs of the industry, EuroShop 2023 has been structured into eight clear experience dimensions, providing an even more visitor-oriented offering, synergies between different dimensions, and more hall space for strongly growing areas such as retail technology or refrigeration. Shopping becomes an interactive high-tech experience.

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Inside Retail

JANUARY 26, 2023

Lotte Duty Free has inked a 10-year concession to operate duty-free shops at Melbourne Airport as part of its effort to further gain influence in Oceania as international travel resumes. The South Korean travel retail giant will begin operating its Melbourne Airport store on June 1.

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Inside Retail

MAY 30, 2024

KPMG Australia partners James Stewart and Gayle Dickerson have been appointed administrators of Omni Footwear and Omni Retail. While predominantly selling comfortable footwear online, the retailer also operates physical outlet stores in the Moorabbin and Spencer Street DFO shopping centres.

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Inside Retail

MAY 21, 2023

Hardware retailer Bunnings is set to implement a trial four-day working week for thousands of its employees. The agreement was reached with the Shop, Distributive and Allied Employees Association (SDA) and will benefit 40,000 employees. The agreement will be submitted to the Fair Work Commission for approval after the workers’ vote.

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Inside Retail

FEBRUARY 14, 2022

Heinemann entered the Australian retail market in 2015, and has since worked to deliver innovative initiatives and products to passengers in Sydney International Airport. The company operates over 340 duty-free travel stores, fashion boutiques and concept shops at 74 airports across 28 countries.

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VMS

NOVEMBER 28, 2021

In the last quarter, New York’s retail market has gone from frigid trepidation to sizzling enthusiasm. On the Upper East Side, Madison Avenue is pulsating with myriad new shops, re-openings, and relocations as luxury brands scramble to grab prime retail space. Retailers from every sector are getting back into the race.

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Inside Retail

SEPTEMBER 3, 2024

Artificial intelligence (AI) is making strides in numerous industries, and retail is certainly no exception. Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency.

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Mindful Design

AUGUST 26, 2024

Fighting for relevance in a crowded retail market, small stores must find ways to create memorable shopping experiences to stand out and captivate their customers.

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Inside Retail

JUNE 4, 2024

How the luxury grocery retail market blew up The market for luxury groceries is driven by three main factors: a growing disinterest in traditional luxury goods, the expansion of wellness culture, and the recent fashionability of food. We often think of grocery shopping as utilitarian and functional, and for many people it is.

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Inside Retail

JUNE 28, 2021

In today’s new normal, the shopping experience is no longer defined by the boundaries of bricks-and-mortar, but by the customer journey as a whole. Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. Revolutionising loyalty programs.

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Inside Retail

MARCH 15, 2022

The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world. Prior to Gotemba, Japan’s retail market was tightly regulated and the industry in bad shape. Government statistics show that at the time of Gotemba’s opening, retail sales in Japan had fallen for 42 consecutive months.

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Inside Retail

JANUARY 19, 2023

While these consumer behaviours are wide and varied, we can expect marked growth in rental, re-commerce and subscription retail markets and a decrease in people buying ‘brand new’ products. An example is squad shopping, where users collaboratively shop with friends in virtual environments.

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Inside Retail

JULY 25, 2023

The Q2 result is evidence that retail rents may have bottomed across most CBD retail markets and are on the way up, particularly for super prime assets,” said Leif Olson, CBRE’s Australian director of retail leasing. per cent to $6250 per sqm.

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Barber Design

FEBRUARY 3, 2017

According to the latest retail marketing research by IBM, ‘digital natives’ still prefer shopping in bricks and mortar stores to shopping online. And retailers must acknowledge and respond quickly to this – because ‘Generation Z’ is going to be much bigger than ‘Generation X’. billion by 2020.

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Inside Retail

JUNE 29, 2021

Retail marketing has evolved over the last few years. While advances in technology have allowed for more personalisation and better shopping experiences, the way consumers shop – both online and in-store – has changed significantly and the lines between the digital and physical world continue to blur further.

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Retail Focus

DECEMBER 3, 2024

Forget deal or no deal, it’s more like deal or disappointment for consumers, leaving much to be desired in terms of results for retailers. Timing is everything, and while retailers adjust their prices based on demand, consumers that have shopped around will likely walk away with the best rewards.”

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Inside Retail

NOVEMBER 13, 2023

The retailer also expanded its vision centres and pharmacies with private screening rooms, and placed digital touchpoints throughout the store to provide information of products and services. And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items.

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Inside Retail

FEBRUARY 19, 2023

“We’ve moved from being a civic developer, building our library and council offices – as well as a public square and 1000-space car park to support businesses and the precinct’s customer shopping experience – into becoming both a retail developer and precinct and place manager.

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Inside Retail

JULY 28, 2021

Swedish payments firm Klarna said on Tuesday it had acquired influencer marketing software firm APPRL as it looked to tap into strong growth in shopping across social media channels. The financial details of the deal were not disclosed.

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Inside Retail

FEBRUARY 3, 2025

Differentiating The bricks-and-mortar beauty retail market in Australia is becoming crowded, with Wesfarmers’ new beauty offering Atomica joining Chemist Warehouse’s Ultra Beauty, homegrown cult-favourite Mecca and international import Sephora. .”

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RetailMinded

FEBRUARY 20, 2023

The retail landscape has changed drastically over the past few years as businesses continue to ride the wake of a subsiding pandemic. Contactless shopping, delivery, and curbside pickup — once a public health necessity — have now turned into conveniences many consumers regularly expect.

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Inside Retail

SEPTEMBER 1, 2024

HomeCo Ballarat shopping centre has been sold for $54 million, setting a new record in regional Victoria’s large format retail (LFR) sector. Tim McIntosh, director of retail middle markets at Colliers , managed the sale of the property on behalf of HomeCo Daily Needs REIT.

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Inside Retail

MARCH 27, 2023

During the pandemic, bricks-and-mortar shops were off limits and online shopping had to up its game. Retailers had already been using AI to a certain extent, but after a couple of years of “getting to know how it works” we’ve reached a point where its inclusion is something that can’t be ignored.

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RetailMinded

JULY 3, 2023

The use of artificial intelligence in retail marketing allows to develop and improve many things. In the article below, we will consider the role of artificial intelligence in retail marketing and its impact on modern business. Thus, they have a positive impact on all areas where retail marketing is applied.

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Creative Displays Now

MARCH 4, 2024

What Is Retail Advertising? Retail marketing, or retail advertising, includes various tactics to spread awareness to your target audience and increase sales — from old favorites to newly launched goods. There are three primary types of retail marketing. Create a seamless checkout process.

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Inside Retail

SEPTEMBER 15, 2024

India’s e-retail market is set to exceed $160 billion by 2028, up from $57-60 billion in 2023, consultancy firm Bain estimates. The investigation findings are a major setback for Amazon and Flipkart in a key growth market where they have faced the ire of small retailers for years for hurting their offline businesses.

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Retail Focus

DECEMBER 12, 2024

Trends in the Commercial Investment Market The retail real estate market was a focal point of this years MAPIC, with a strong emphasis on investors perspectives regarding retail market trends and outlooks. These sessions revealed an optimistic vision of the resilience of retail as an asset class.

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Creative Displays Now

MARCH 18, 2024

Online reviews are the equivalent of traditional WOM marketing, considering 46% of consumers trust them as much as they rely on recommendations from family and friends. 80% of customers read through online reviews while shopping in stores. These can help your brand stand out and personalize the shopping experience for your customers.

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