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E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . About the author: Merline McGregor is GM at Pattern Australia. The post E-commerce sales fall as cost-of-living pressures hit consumers appeared first on Inside Retail.

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Is China retail on the brink or on the mend?

Inside Retail

Global retailers, as opposed to those operating in a limited geographic space, are in the enviable position of being able to offset weakness in one area with strength in another. Now, those retailers are having to modify their expectations. China’s National Bureau of Statistics (NBS) states that retail sales were up 6.8

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Multi-Level Marketing Gets Multi-Level Attention

Hunton Andrews Kurth

Multi-level marketing has touched us all – whether it be purchasing beauty products, essential oils, or health supplements from a friend through social media, or receiving an invitation to join a team of seemingly successful people working their “side hustle.” The potential for legal snags may be hidden in the seams.

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Retail’s Supply Chain Puzzle: Understanding And Addressing Retail Supply Chain Challenges

RetailMinded

According to a report by Maersk, 40% of retailers have wanted to increase the resilience of their supply chains since the global pandemic, which impacted businesses. Fluctuations in demand can lead to overstocking or understocking, affecting the bottom line.

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Shrink or grow? Predictions for online retail in 2022

Inside Retail

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. Now it doesn’t seem so far out of reach.

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What Is Visual Merchandising?

Creative Displays Now

It’s a crucial strategy to make your products stand out in a competitive retail space. Effective visual merchandising can have a significant impact on your bottom line. Since then, the market has become saturated with competition. Many retailers also practice visual merchandising in their stores. Target Market.