Remove 2019 Remove Consumer Remove Management Remove Planning
article thumbnail

Myer’s latest trading update is a testament to putting the customer first

Inside Retail

It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. While some industry experts are saying that Myer’s optimistic take on its 0.1

article thumbnail

BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Company reports for ASX-listed BNPL providers outline that the value of BNPL transactions grew by 55 per cent in 2019-20 , and in the last two financial years, BNPL transactions have tripled. Get paid faster and better manage your cash flow with Spenda.

Consumer 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Exclusive: Vietnamese fashion operator eyes international expansion plan

Inside Retail

In just 10 years, Vietnamese fashion retail operator Maison Retail Management International (MRMI) has built a network of more than 120 retail stores across 18 high-profile international fashion brands. That said, we focus on brands that have the potential to scale and meet consumer needs.”. Since then, the brand has opened 10 more.

Expansion 130
article thumbnail

Fortnum & Mason exec discusses APAC expansion and digital plans

Inside Retail

Understanding the Chinese consumer. Back in 2019, Fortnum & Mason opened in Hong Kong its first fully-owned and operated shop and restaurant in Asia, as a gateway to strengthen customer connections across the region. As a British lifestyle brand, we want to be authentic but more importantly, relevant to Chinese consumers.

Expansion 130
article thumbnail

Managing inflation: Here’s how to know when the price is right

Inside Retail

Consumer expectations may differ from economic reality. If consumers don’t like a product or service, it won’t make money regardless of its price. Those who understand their customers’ motivations take them on a journey with their products and services, and the value consumers derive from them is part of the story.

article thumbnail

Low Consumer Confidence in Supply Chains Prompts Early Holiday Shopping, Research from Bright Data Reveals

Retail Focus

Bright Data , the global industry leader in making public web data accessible to all, has today released new research that reveals consumer sentiments around the 2021 holiday shopping season, including Black Friday and Cyber Monday. The research, carried out by Vanson Bourne , surveyed 4,000 consumers across the US and UK.

Consumer 130
article thumbnail

Bain Capital sells Boost Juice, Betty’s Burgers parent

Inside Retail

Upon completion of the deal, Retail Zoo’s new investment partner will own a majority of the business and partner with the existing management team led by Nishad Alani, CEO of Retail Zoo. “We The investment company was considering listing the Retail Zoo business from 2019 before Covid-19 put that plan on hold.

Expansion 279