Inside Retail

MAY 30, 2021

While e-commerce adoption skyrocketed all around the world at the peak of the pandemic, perhaps more interesting was the rate at which older consumers embraced online retail. Globally, Asia dominates the e-commerce universe, accounting for over 50 per cent of all retail sales.

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Inside Retail

NOVEMBER 18, 2021

Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. per cent in 2021 and domestic consumption set to double in the next 10 years. trillion, and the US$5.6

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Marketing Beauty and Health Social Media Consumer 130

Inside Retail

JULY 2, 2023

Online pet supplies company Pet Circle has secured $75 million in funding from its existing top-tier investor, Prysm Capital, coming after strong retail sales of $308.8 The $75 million investment will also allow the firm to maintain its unicorn value, which it acquired in its Series C round in December 2021. million last year.

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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 per cent month-on-month in September, rising for the first time since November, 2021. per cent rise on Tuesday to 2.6

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Inside Retail

MAY 8, 2022

Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). What is Marketing Mix Modelling anyway?

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Advertising Beauty and Health Marketing Perspective 264

VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As The 2021 total rate of returns (16.6

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Inside Retail

MARCH 13, 2023

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. CBRE said events and the return of international students and tourists as well as a return of office workers would be positive drivers for CBD retail sales in the year ahead. per cent to 13.9

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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. When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. sales growth over the period.

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Inside Retail

OCTOBER 19, 2023

That timeframe coincided with Corbett’s tenure as CEO and they were a successful team, leveraging the Dan Murphy’s liquor chain acquired by Woolworths in 1998 to national market leader. However, he may not know it as well as they believe, given significant changes in the market. Sales have increased by around $1.5

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Inside Retail

SEPTEMBER 13, 2022

Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. A look at consumer sentiment and spending . Consumer sentiment fell by 3 per cent to 81.2 Retail sales increased by 1.3

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Inside Retail

FEBRUARY 20, 2023

The removal of restrictions on movement in the early months of the year, coupled with pent-up demand in households, formed the catalyst for a boom in household spending; monthly retail turnover rose 12.5 per cent between December 2021 and November 2022. For consumers, there is a very strong desire to get out and enjoy life.

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Inside Retail

MAY 12, 2021

Australian households’ spending intentions for travel, entertainment and home-buying jumped in March 2021 as the economy extended its recovery from the COVID pandemic, the Commonwealth Bank Household Spending Intentions (HSI) series showed. A new source of insights for consumer-facing businesses.

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Inside Retail

OCTOBER 28, 2022

Amazon on Thursday forecast a slowdown in sales growth for the holiday season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend. Wedbush Securities analyst Michael Pachter said, “It’s possible that retail sales will decline year-over-year. Cloud misses.

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Inside Retail

JULY 28, 2021

Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces. Australian digital sales reached record levels during Covid-19, with lockdowns driving consumers online in greater volumes than ever before.

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Inside Retail

NOVEMBER 28, 2022

Indeed, even Sydney Fish Market now has its own online commerce site. Yet for retail marketers, handing over these keys to the kingdom is no easy feat. During the pandemic’s first 14 months, Australia’s e-commerce market grew from around 9 per cent of the overall retail market share to 13 per cent.

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Retail Marketing Consumer Marketing Shopping 130

Inside Retail

MARCH 13, 2023

Endeavour Group was previously part of Woolworths and subsequently spun off and listed (along with BWS, and hotel and gambling assets) on the Australian Securities Exchange in 2021. Dan Murphy’s is investing in both the online and offline consumer experience. But it’s omnichannel getting the bulk of the company’s attention.

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Inside Retail

SEPTEMBER 26, 2022

So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. Our market share is up almost 6 per cent compared to a year ago, from roughly 9 share points to 14,” Laurent Stévenart, Singapore’s country manager for Impossible Foods, told Inside Retail. The Singapore market. The current state of affairs.

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Inside Retail

JUNE 1, 2022

Online retail sales showed exceptionally large growth over the main lockdown periods of 2020 and 2021. A recent Australia Post report found that online retail sales growth in 2021 had doubled the pre-pandemic growth baseline, with an annual increase in online sales of 12.3 per cent. People power.

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Specialty Retailers Advertising Retail Sales Strategy 130

Retail Times

OCTOBER 18, 2021

The latest data from the Office for National Statistics shows online sales, as a proportion of total retail sales, have reached 25.5%

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Retail Marketing Marketing Retail Sales Consumer 40

CRP

SEPTEMBER 15, 2022

How Redesigning Packaging Can Help Retailers Prepare for Inflation & Labor Market Changes We’ve all felt it. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) is up by an average of 8.5% Simply put, consumers are spending more but getting less. Coordinate with your marketing team.

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Inside Retail

NOVEMBER 6, 2023

Weiss launched Glossier at a time of intense investor interest in direct-to-consumer e-commerce companies. As of July 2021, the company raised an additional $83 million with a Series E round of funding that brought its valuation up to $1.8 What’s been going on with Glossier?

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Social Media Strategy Consumer Expansion 130

Inside Retail

NOVEMBER 6, 2022

We’ve also noticed an increase in advertising for big sale events including Black Friday, Cyber Monday, Click Frenzy, and even Afterpay Day. Even before thinking about the specifics, the timing of these sales appears challenging for both retailers and consumers, not to mention supply chains.

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Inside Retail

MARCH 9, 2023

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. Retail occupancy is 98.3

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Department Stores Flow Sporting Goods Retail Sales 130

Inside Retail

NOVEMBER 15, 2022

Vincom’s leasing revenue has now edged up above the level of 2019, a key benchmark, and in the first nine months of 2022 is up 29 per cent from the January-September period of 2021. per cent in the third quarter of 2021. Consumer prices were up 4.3 Solid leasing market. per cent in the second quarter and 83.7

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Inside Retail

AUGUST 20, 2023

It filled the Parca team with confidence to read that the last-mile delivery market for big and bulky e-commerce items experienced a compounded annual growth rate of 18.2 per cent from 2017 to 2021. That was according to Armstrong & Associates , who also predicted the market would achieve annual growth of 11.8

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Inside Retail

DECEMBER 13, 2022

After the disruption of Covid-19 and the preceding years of sluggish growth, all retail industry observers will be keen to assess the prospects for sustainable growth. Strong sales growth and subsequent earnings announcements will be welcome after the challenges of the past five years but will not necessarily have champagne corks popping.

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Inside Retail

APRIL 6, 2022

Pattern Australia has released its fourth annual report on consumer considerations and e-commerce. Impressively, Amazon has managed to hold onto the accelerated gains it made in the last two years when consumers were in lockdown, and the research finds that e-commerce shoppers have no plans to slow their spending on the marketplace in 2022.

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Inside Retail

AUGUST 20, 2022

As we know, today’s consumers are doing much of their shopping online. To help navigate this cookieless world, Braze released a Retail Customer Engagement Review that looks to solve three common challenges being faced by retailers today. Between May 2020 and May 2021, Australians spent $48.1

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Customer Engagement Engagement Reimagine Strategy 130

Inside Retail

JULY 14, 2021

Here in Asia Pacific, online retail sales are expanding at a compounded annual growth rate of 11 per cent, driving two-thirds of global online retail growth,” said Kawal Preet, FedEx president, Asia Pacific, Middle East and Africa (AMEA). now expect faster delivery, the Asian Retail Outlook 2021 survey reveals.

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Parcel Pending

MAY 18, 2024

In fact, eCommerce is estimated to account for 22% of global retail sales, with parcel shipping volumes projected to reach a staggering 200 billion by 2025. 4 And, while a quarter of consumers express interest in low-impact delivery options, less than 10% are willing to pay extra to offset the environmental cost of delivery.

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Location Consumer Strategy Retail Sales 52

Inside Retail

MAY 22, 2022

It experienced year-on-year sales growth of 18.7 Retail sales are off to a flyer in Korea so far this year. Total retail sales in the country were up 7.7 More significantly, sales in January-March were well above the level of early 2019 (+15.1 The Consumer Price Index was up 4.8 per cent to 22.2

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Department Stores Apparel Shopping Retail Sales 130

Inside Retail

JUNE 16, 2021

With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses. One surefire way to drive customers back is by participating in key retail sales events. For most brands, sales events have become a regular part of the calendar.

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Advertising Tailored Engagement Strategy 236

Parcel Pending

SEPTEMBER 30, 2021

Consumer Shift: Hybrid Work is Here to Stay. Consumer Shift: Mask Mandates Are Keeping Residents Home. Further, the Transportation Security Administration extended its mask mandate, originally set to expire on May 11, until September 13, 2021. Consumer Shift: Outdoor Spaces are Safer Than Indoor Spaces.

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Outdoor Space Management Consumer 98

Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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Department Stores Expansion Fashion Planning 130

Inside Retail

APRIL 8, 2021

The financial results for many of Australia’s leading retailers for the first half of the 2021 financial year have been much stronger than had been expected with the Covid-19 disruption. Others have also experienced positive growth due to the increase in online sales. per cent increase in sales and an 88.9

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Fashion Retail Sales Other Management 130

Inside Retail

NOVEMBER 23, 2021

Last year, I wrote a piece for Inside Retail about why I try to avoid making specific future predictions, and instead try to look for deeper trends and what is driving them. Then I went ahead and predicted three ways retail would fragment throughout 2021 anyway. Why online will grow: consumer trial. So which is it?

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Consumer Shopping Other Pattern 130

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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