Inside Retail

MAY 29, 2024

The rise of online shopping scams presents significant reputational risks for e-commerce businesses of all sizes if they don’t take proactive measures to help protect consumers. million to online shopping scams, and over $92 million to scams overall, according to Scamwatch. So far this year, Australians have lost more than $1.2

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Retail Focus

SEPTEMBER 14, 2023

Retailers and brands need to evolve their channel-mix for consumer engagement in an age where trust is harder to earn and keep, says Bernd Bude, CEO of ADvendio. A survey by Edelman in its Trust Barometer 2022 found that business beats government by 53 points on competency and 26 points on ethics.

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Retail Focus

OCTOBER 4, 2022

And while physical stores have long since reopened, the average consumer still faces plenty of challenges. All of which has a knock-on effect for retailers and could prompt a worrying trend – especially as we approach peak shopping and shipping season in 2022. The post Are you ready for peak season 2022?

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Inside Retail

MAY 11, 2023

As Australian retailers see consumers returning to in-person shopping, the drive to present eye-catching fitouts to a digital-savvy customer base has become critical in strengthening brands and creating unique and immersive shopping experiences.

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Inside Retail

APRIL 3, 2023

“Looking back at last year’s retail data, we found that initial online sales in Southeast Asia (SEA) saw a 19 per cent increase in early April 2022 compared to the last two weeks of March 2022,” he told Inside Retail. Singh believes that consumer spending habits tend to follow festive spending patterns.

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Inside Retail

MARCH 29, 2022

Live shopping, or purchasing products during a livestream, was a small part of that. billion in sales in 2022. And while brands and advertisers have relied on social media to promote their products for years, many now realise the benefits of having the entire shopping experience hosted on the platforms themselves.

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Inside Retail

AUGUST 10, 2023

Shopping strips are facing increasing challenges, and not just because of retail competition. While there is still a lingering Covid shadow on some shopping strips, including those in capital city central business districts (CBDs), other factors are impacting the viability of suburban retail precincts.

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Retail Focus

AUGUST 16, 2023

With the industry facing increased pressure from consumers to become more sustainable, we take a look at some of the planet friendly steps retailers can take without having to break the bank. Importantly for retailers, consumer values are evolving,” Shortland said. There is no escaping the subject of sustainability.

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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

JANUARY 11, 2023

At least two significant forces are reshaping how and where consumers shop and their expectations of brands. Encouragingly, consumers are ready to increase participation in the circular economy. Consumers want businesses to make it more convenient to take part.” . Circular initiatives in action.

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Inside Retail

NOVEMBER 14, 2023

Over the past three years, Bath & Body Works has grown its men’s category, dubbed The Men’s Shop, by nearly 50 per cent, with a lineup that includes more than 200 grooming products across hair, beard, and skincare. It’s time to show them all we have to offer, because we know when they try it, they’ll love it.”

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Inside Retail

AUGUST 26, 2021

The impact of Covid-19 was seen most dramatically in the shopping-centre based domestic coffee brands (Gloria Jean’s, Donut King and Michel’s Patisserie) and the 590-store international division. The post RFG “cautiously optimistic” for business in 2022 appeared first on Inside Retail. per cent, Brumby’s Bakery growing 9.1

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Inside Retail

DECEMBER 15, 2021

As the festive season continues and sales continue to flow in, so too do predictions for retail in 2022. Yet many retailers are still struggling to accurately show consumers how many of each product they have on their shelves, or even offer effective click-and-collect. Could we see some stores differentiate by their lack of technology?

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Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022. It was valued at $3.8 Estimates suggest China’s social commerce market enjoyed a 40.25

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Retail Focus

AUGUST 10, 2022

Of course, changing consumer habits have, and will continue to have, the biggest effect on retail with the internet taking business away from many city-centre shops. Shopping parks with oceans of car parking spaces and large retail units are not a new concept, but they continue to attract a lot of consumers.

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Inside Retail

JUNE 5, 2023

The impact of inflation and the rising cost of living has radically changed the way Australians are shopping, and is creating a turbulent outlook for retailers as shoppers tighten their purse strings. Beyond sharing deals and promotions with customers, catalogues serve an important second purpose, Babu said.

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Inside Retail

SEPTEMBER 11, 2023

Like the launch of seasonal items like pumpkin-spice lattes , retailers and consumers alike are celebrating festive holidays like Christmas and Halloween earlier every year. While it seems that consumers are already preparing themselves for the Halloween season, studies show that their wallets aren’t as ready. allocated to candy.

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RetailMinded

JANUARY 4, 2022

These significant changes in the digital and marketing spaces altered customer expectations, shopping processes, and online experiences. Here’s a list of the top retail technologies you must look out for in 2022: . Hence, the creation of customer chatbots to promote better communication with customers. . Voice Commerce .

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Inside Retail

DECEMBER 5, 2022

Consumers are the driving force behind a constantly changing, fragmented and evolving e-commerce landscape. From 2021 and even into early this year, 77 per cent of global consumers were still spending at or above the same levels online as they were a year prior. Inflation’s impact on e-commerce is still unclear.

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Retail Focus

FEBRUARY 23, 2024

In today’s modern, fast-paced world, it is no longer enough for retailers to simply expect consumers to walk in off the high street and begin spending money. Stores need to have some sort of appeal to draw in passers-by and offer them a memorable shopping experience that will leave them wanting more.

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Retail Focus

JANUARY 12, 2023

Over a quarter (28%) of UK shoppers will use second-hand or pre-loved shopping platforms as their main shopping channel this year, rising to over a third (35%) of Millennials, as sustainability remains top-of-mind. The bricks and mortar revival. Cost-conscious consumerism remains amid economic headwinds.

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Inside Retail

DECEMBER 17, 2023

Retailers within the pharmacy sector are evolving and exploring ways to best cater to consumers with the creation of one-stop-shop pharmacy retail spaces and superstores. Holistic well-being and proactive self-care are areas in which brands and retailers are positioning to best cater to consumers to win their favour.

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Inside Retail

DECEMBER 11, 2023

billion for the four day event this year marginally above the predictions ahead of both the 2021 and 2022 events. The 2024 prediction was somewhat bearish given that the National Australia Bank reported the actual sales for the four-day Black Friday and Cyber Monday shopping event were estimated at $7.1

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Retail Focus

FEBRUARY 8, 2022

61% said access to digital product information became increasingly important when shopping for expensive items, while 45% have been put off buying a complex or considered purchase when there wasn’t enough product information available. The post What’s in-store for 2022?

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Inside Retail

NOVEMBER 7, 2023

Smthgood isn’t just another online shopping destination; it’s actually harnessing the power of gamification, engagement and loyalty to incentivise consumers to make more thoughtful purchases. Tan is making sure he does his bit in terms of promoting conscious fashion in the APAC region, too. “We

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Inside Retail

APRIL 22, 2024

According to a recent Euromonitor report, while consumer food-service value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia Pacific. The report predicts that regular dining out will be off the menu for cost-conscious consumers until 2028. trillion in 2023.

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Retail Focus

DECEMBER 8, 2021

Even before the pandemic, the bricks and mortar aspect of the retail sector was undergoing major changes as the battle to attract people into stores, rather than shop online, intensified. Supermarkets, for example, are targeting promotions based on different areas of their stores or using screens to manage queues.

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Inside Retail

APRIL 10, 2024

In an era marked by escalating living expenses and an ever-growing environmental consciousness, consumers worldwide are reshaping their purchasing behaviours, with potentially significant impacts on the retail industry. A birds eye view According to Zuniga, global consumer sentiment is increasingly prioritising sustainability.

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VMS

JANUARY 27, 2023

(PRESS RELEASE) WASHINGTON — Consumers are expected to spend $25.9 billion in 2022 and one of the highest spending years on record, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. more than the average consumer celebrating the holiday. adult consumers Jan.

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Inside Retail

NOVEMBER 14, 2022

Having embraced digital shopping channels during the pandemic, Australian consumers have become well used to the personalisation and tailored content offered online. Research by Google, published in the company’s Spring/Summer Shopping Behaviours 2021 study, found 50 per cent of consumers say they now shop both in-store and online.

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Retail Bound

JUNE 19, 2022

Amazon recently announced that Prime Day 2022 will be July 12 th -13 th. Being among the most popular shopping days of the year, Amazon Prime Day is like experiencing Christmas in July for Amazon retailers. Here are some valuable tips to help product brands prepare for Amazon Prime Day 2022. ‍ 1. Use Unofficial Deals.

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VMS

OCTOBER 29, 2021

Fully 100 percent of the senior executives who participated in the survey by First Insight and the Baker Retailing Center at the Wharton School of the University of Pennsylvania agree that “disruptions will mark the upcoming holiday shopping season.”

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VMS

OCTOBER 29, 2021

Fully 100 percent of the senior executives who participated in the survey by First Insight and the Baker Retailing Center at the Wharton School of the University of Pennsylvania agree that “disruptions will mark the upcoming holiday shopping season.”

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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

JULY 6, 2021

Let’s look at four key forecasts: Continued rise of digital Shift in the role of bricks-and-mortar Increased value of personalised experiences Greater influence of young consumers. Shopping at the edge” will expand. Digital, mobile, chatbots, social, curb-side — shopping now happens anywhere and anytime.

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Inside Retail

JANUARY 30, 2023

The Australian Competition and Consumer Commission (ACCC) is cracking down on misleading testimonials and endorsements by social media influencers. According to a release by the regulator, the sweep – which will take place over the coming weeks – is part of the ACCC’s compliance and enforcement priorities for 2022 to 2023.

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Inside Retail

OCTOBER 31, 2022

For many Australian retailers, the start of November marks the beginning of peak season and all that comes with it: packed stores, products flying off the shelf, big discounts and major online shopping events. Will the rising cost of living cramp consumer spending in the most important quarter of the retail calendar?

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