Inside Retail

NOVEMBER 7, 2022

According to a recent report by Bain & Co and Meta, GDP growth and inflation in Southeast Asia are projected to perform better than other markets, such as the US and EU. It’s clear that the region holds a lot of potential for online retailers and brands, but navigating the plethora of sales events is easier said than done.

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Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 billion) in 2022, and this figure probably understates the true size of the pie. billion (A$21.5

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Inside Retail

SEPTEMBER 14, 2023

The luxury retail landscape in India has long posed a formidable challenge for international brands. With a vast population still grappling with basic needs and a price-sensitive market, many global luxury players have incurred significant losses in the past. times by 2030, reaching a staggering US$300 billion.

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Inside Retail

NOVEMBER 23, 2021

I’ll start with a particularly interesting one that has strong voices on either side: what proportion of sales will be online in 2022? Last year, I interviewed Jonathan Reeves from Eagle Eye for my Shopology show and he predicted that online would account for half of retail sales by 2030. So which is it?

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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 in August 2022 compared to the previous year. She said that consumers are already making cuts. she said. “Not

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Inside Retail

FEBRUARY 20, 2023

Despite the mounting headwinds, Australia’s economy was a strong outperformer in 2022. 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

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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. The property firm attributed gains in central business district sales in the second half of calendar 2022 and prospectively the store expansion plans to healthy levels of discretionary spending.

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Retailing Insight

NOVEMBER 2, 2021

Today, we are inching toward 2022 with the understanding that the pandemic is still a part of our world and the new normal is here. 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. FASTER & FREE SHIPPING Consumers will pay more!

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Inside Retail

FEBRUARY 14, 2023

After multiple paradigm shifts in 2022, retailers are facing a very different landscape in the months ahead. Then, seemingly out of the blue, around mid-2022 many shoppers realised they could no longer afford their lifestyle. So what have been the paradigm shifts for retailers over the past year?

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Inside Retail

NOVEMBER 26, 2023

Retailers worldwide have battled slowing conditions, with Australian footwear giant Accent Group and American fashion brand Guess recently highlighting the impact lower consumer confidence is having on the wider market. The end of the year could still deliver for retailers. This isn’t just an Australian trend, either.

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Inside Retail

FEBRUARY 20, 2024

Australia, like many other regions, is witnessing a significant shift in consumer behaviour, with e-commerce playing an increasingly integral role in the retail landscape. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2 billion in 2022.

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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

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. billion in 2017.

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Inside Retail

DECEMBER 13, 2023

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3

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Inside Retail

SEPTEMBER 17, 2023

Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. billion in 2022 to US$79.05

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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. By March 2022, the savings rate had fallen back to 11.4 A look at consumer sentiment and spending .

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Inside Retail

JANUARY 4, 2024

Often, retail company executives will express confidence in a particular market that is not borne out by subsequent events. For the CEOs of global retailers, probably no other country causes more sleepless nights, and for more obvious reasons, than China. To back it up, retail sales in China rose sharply in November, by 10.1

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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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Retail Bound

MAY 22, 2022

As we rapidly approach the peak selling season for 2022, I thought it might be beneficial to take a quick look at where retail stores currently stand. Having recently reviewed some studies by the National Retail Federation (NRF), I discovered some interesting facts.

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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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Inside Retail

OCTOBER 31, 2023

However, recent research from Mintel suggests that in the US, there is a subtle and evolving perception of value among beauty consumers. This shift in consumer preferences is not only affecting the industry’s dynamic but also has implications for mental health and gender inclusivity.

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Inside Retail

FEBRUARY 28, 2024

It stays out of trouble by not taking sides on issues that don’t concern its business directly, and by not falling for trendy marketing ideas that will alienate its core customer base. Walmart believes it achieved market share gains among higher-income brackets, suggesting that more affluent households have been trading down.

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Inside Retail

DECEMBER 19, 2022

The tradition of gift-giving at Christmas drives billions of dollars in retail sales every year. In Australia alone, consumers are expected to spend $63.9 Charity retailer Salvos Stores aims to tackle the unintended waste around Christmas by encouraging more consumers to purchase secondhand gifts.

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Inside Retail

APRIL 16, 2024

Modern consumers, especially those within the Gen Z age bracket, are becoming increasingly interested in shopping methods that differ from the traditional e-commerce model of a direct-to-consumer website or shopping online via big-box retailers. billion in 2027. TikTok allegedly has goals of pulling in as much as US$17.5

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Tusco Display

JANUARY 7, 2022

2022 Retail Trend Predictions Predictions abound as 2022 kicks off and retail trends are not immune to speculation. The Covid pandemic continues to loom over retail but very differently from its impact in both 2020 and 2021. We’ve written on the topic before and will continue to talk about it.

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Inside Retail

JUNE 22, 2023

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

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Inside Retail

JULY 29, 2023

Some hospitals and schools, as well as some private businesses facing a drop in sales, have done the same. per cent more on average in the first half of this year than in the same period of 2022, at 11,300 yuan ($1,580) per month, there is little optimism that pace can be maintained. While Chinese still earned 6.8

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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.

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Retail Focus

FEBRUARY 2, 2024

Surviving and thriving in today’s competitive retail market requires more than offering quality products at best prices. 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.

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Inside Retail

NOVEMBER 8, 2022

Designworks’ divisional general manager Brooke Norton told Inside Retail that the brand sells about 15 million units each year and is heading towards $200 million in wholesale sales. The market is holdings its breath. Designworks is expanding because it sees opportunities to bring new, international brands into the market.

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Inside Retail

FEBRUARY 5, 2024

A decade ago, the advertising and marketing sector was taken to task by Peter Field and Les Binet. But 10 years later, advertisers are falling back into old habits ditching long-term brand-building efforts to purely focus on activation campaigns that deliver sales in the short term. And that applies equally to retail sales data.

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Inside Retail

AUGUST 20, 2023

When we established Parca Logistics in November 2022, we decided we would embrace these challenges. 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 2022 to 2025. per cent from 2017 to 2021.

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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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Inside Retail

JANUARY 11, 2023

Household spending on retail goods and services is set to continue the recovery it started in 2022. The first is the perennial issue of whether or not the various markets can absorb the new space becoming available as developers open the doors of their newest projects. Three factors are of special concern. The past as prologue.

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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 future is bright.

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Inside Retail

MARCH 30, 2023

Ten consecutive cash rate rises, as well as grocery price increases of almost 10 per cent during the three months to December 2022, could set the scene for the next major retail sales event: Easter. per cent on 2022, and which outstrips base-line inflationary increases. billion during Easter – a figure which is up 14.5

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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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