Inside Retail

OCTOBER 21, 2021

PayPal has offered to buy digital pinboard site Pinterest for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more financial technology and social media tie-ups in e-commerce. It would be the biggest acquisition of a social media company, surpassing Microsoft Corp’s $26.2

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Inside Retail

APRIL 14, 2024

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

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Inside Retail

AUGUST 29, 2023

But what about the brands that consumers are buying on these platforms? A major factor behind this shift is the rise of video-forward social media app TikTok and its primarily Gen Z user base. In 2019, TikTok was downloaded 693 million times, making it the most downloaded app that year.

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Inside Retail

APRIL 27, 2022

The report is designed for smart retailers seeking growth outside of their core markets, highlighting four distinct behaviours that have emerged from the latest consumer research. During 2019, for example, the average consumer purchased from a total of nine online retailers per year, whereas they’re now shopping from as many as 15 retailers.

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Inside Retail

JANUARY 8, 2022

million digitally active customers with Australian retailers, we can save consumers money while boosting retailers’ sales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth. Online shopping hub.

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Inside Retail

AUGUST 21, 2022

Sephoria was originally a physical event, in 2018 and 2019. We’ve come from newspapers, radio, television, door-to-door sales, and magazines to websites, internet ads, blogs, email marketing, social media, influencer marketing, user-generated content, augmented reality filters and now virtual experiences in 3D.

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Inside Retail

NOVEMBER 20, 2022

Monk tagged the brand on her Instagram account around 2019, and there was a huge spike in traffic to the website and sales. “We But when the pair went shopping for oversized glasses, they couldn’t find anything affordable, or sufficiently oversized. Being keen consumers, we knew what we wanted,” she said. “We

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Inside Retail

DECEMBER 1, 2021

billion on 2019. billion on 2019. billion (+6 per cent on 2019), while Alibaba was at number 8 with US$110.4 Lockdowns, movement restrictions, and other social-distancing initiatives were promoted as quick fixes, but dragged on. This represented an increase of US$135.2 Where revenues went, profits followed.

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Inside Retail

JULY 26, 2021

According to the Ministry of Public Security China, in 2019, over 160 million people exited the country for pleasure or business, notably spending an average of US$1500 per person while abroad. These tactics also highlight the influence and impact social media has on creating and converting demand.

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Inside Retail

MAY 23, 2023

Domestic travel volume is now 90 per cent of 2019 figures, and spending has bounced back to around 70 per cent of pre-pandemic levels. In 2019, mainland Chinese tourists took 155 million outbound trips, totaling US$255 billion (A$383.6 Chinese consumers are used to discovering and buying products on their phones.

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Inside Retail

JUNE 15, 2023

According to Pop Mart’s global president Justin Moon, the company started expanding internationally in 2019, and did not slow down its efforts during the pandemic. We have several social media platforms run by local teams that engage local key opinion leaders to create content and connect to specific audiences locally,” Moon elaborated.

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Inside Retail

NOVEMBER 8, 2023

In an age when consumers are becoming more and more immersed in the world of social media and video content, the humble book shouldn’t really stand a chance. In 2022, IndieCommerce websites had over US$42 million total in online sales, marking a giant spike from just US$12 million in 2019. billion in 2023 to US$21.17

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Inside Retail

JULY 25, 2021

Canadian music retail executive Doug Putman, who saved the brand in 2019 after it fell into administration for the second time, is leading the return to the high street, buoyed by a firm belief in the power of physical retail. “I’m still very optimistic on the [HMV] business and business as a whole on the high street. .”

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Inside Retail

FEBRUARY 26, 2023

This is largely unknown by customers; an Optoro study completed in 2019 found that nearly 90 per cent of online shoppers incorrectly believe returns are immediately restocked. Furthermore, in Australia, data from Australia Post reveals return rates have doubled since 2019.

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Inside Retail

AUGUST 12, 2021

In the past year, we’ve all navigated massive changes in many aspects of our lives — how we work, how we shop, how we socialise. For many content creators and their followers, the aspirational ethos of pre-pandemic influencer posts was replaced by emphasising social impact and authentic connection. 1 earner with $2.6

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Inside Retail

SEPTEMBER 15, 2021

British expats are the key target market of online grocery store British Corner Shop, which services over 150 countries around the globe with over 10,000 popular products, from Marmite to McVities. The pandemic impacted sales significantly as online shopping for food became a necessity rather than a convenience. A taste of Korea.

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Inside Retail

JULY 4, 2023

Those domestic upstarts don’t have a cheering stadium crowd to egg them on, but they do have on their side increasingly nationalistic voices within the government and on social media. Compared with the situation pre-Covid, the glass is only half full though; in fiscal 2019, the Greater China business brought in $6.2

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Inside Retail

AUGUST 9, 2021

When it comes to the biggest markets in the world, in terms of consumers, China is at the top of the list. As times change, the behaviour of this consumer group is also shifting and how they’re spending isn’t the same as 10 years ago or even five years ago. Let’s have a look at the expected and less predictable moves. and Shihuo (??).

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RetailMinded

JANUARY 29, 2021

This year, with online shopping on the rise, a huge increase in holiday returns are expected to follow, so it’s no surprise that 70% of firms are worried about the growing impact of returns on their bottom line, according to a Brightpearl study. Relationships Over Revenue .

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Show Best

DECEMBER 22, 2020

According to a McKinsey’s 2019 report , the prophecies of the decline of the brick and mortar stores are overly exaggerated – with e-commerce forecasted to account for only 21% of retail sales. Incorporate Social Spaces in Your Shopfront. Best of all, they’ll also keep them coming back for more.

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Inside Retail

JANUARY 23, 2022

Although still down relative to 2019, makeup’s growth has exceeded that of skincare, which grew only by 14 per cent during this period. The popularity of the Y2K aesthetic last year led many consumers to embrace bolder, brighter eye makeup, especially in the era of mask-wearing, when only the top half of your face is visible.

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Creative Displays Now

JUNE 30, 2021

These trends are especially relevant in light of the COVID-19 pandemic, as more than 60% of American buyers altered their shopping habits at some point in the past year. A retail trend points to development and changes in consumer behavior. As a result, retailers have had to take their brick-and-mortar shopping experience to the web.

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Retailing Insight

MARCH 24, 2021

Retailers and indeed, many other brands, understand the quintessential need for unique consumer experiences which foster a human bond. Consumers want intimate, authentic and compelling experiences now more than ever, and pop-up stores provide the ideal avenue for driving customer connections. The Concept.

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Parcel Pending

OCTOBER 26, 2023

1 Further, retail establishments paralleled the movement of consumers from big cities to smaller, more affordable cities such as those in the Sun Belt. Today, however, retailers broadcast their points of difference through displays, recommended products, social media posts, and email communication that is consistent with their brand DNA.

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Parcel Pending

FEBRUARY 1, 2022

In today’s digital world, consumers have an endless number of personalized services available at the push of a button. With this reality comes a significant shift in consumer expectations. Consumers want what they want, where they want it, as fast as possible. In practice, when the daily management of resident packages (e.g.,

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CAAD

JUNE 28, 2022

Faced with the inevitable increase in e-commerce sales in recent years, a phenomenon that shows no signs of slowing down, 80% of luxury purchases will continue to be made in physical shops , according to McKinsey forecasts. 80% of luxury purchases will continue to be made in physical shops.

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Greater Group

AUGUST 27, 2019

In today’s fast-changing retail landscape, “ Instagrammable moments ” are now part of many retail design briefs, where clients are requesting myself and my team to consider social media platforms when designing retail projects. trillion, show no sign of slowing down. In Singapore, Millennials make up 22% of the overall population.

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Inside Retail

JUNE 1, 2022

Pop Mart, which describes itself as an “art toy store”, might seem an unusual concept to a Western consumer. Pop Mart commenced its global foray only in 2019 and its first permanent overseas store opened in South Korea in September 2020. The merchandise and the market. Better expansion, step by step.

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Scrube

OCTOBER 14, 2020

billion) in 2019. The whole point of mannequins is to show consumers what is possible. By creating complete ensembles, you take the guesswork out of styling, making the shopping experience more convenient and potentially increasing sales. You can also take to social media to post pics, videos, Instagram stories, and more.

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VMS

JUNE 3, 2021

The pandemic has seriously threatened this upward trend with recent lockdowns in India, operational challenges and falling consumers sentiments. metric tons in 2019. A #SafetyinEighty steps protocol and specialized jewelry sanitization process ensures safe and comfortable in-store shopping. metric tons in 2020 from 690.4

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Parcel Pending

OCTOBER 15, 2022

For retailers, the price of a delivery disruption and a disgruntled customer is not just a lost sale and a potential negative social media post. It can also damage a hard-earned reputation, involve time-consuming customer service interactions, and even the cost of recovering or replacing lost or stolen items. December 3, 2019.

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Inside Retail

FEBRUARY 15, 2024

As Chinese consumer spending on personal luxury goods continues to surge, luxury brands are turning to cultural events like Lunar New Year to enhance their appeal and captivate a growing market. According to Euromonitor research, Chinese consumer spending on luxury goods is projected to reach a staggering $88 billion by 2028.

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Parcel Pending

SEPTEMBER 30, 2021

Consumer data clearly backs up this strategy: 84% of consumers say they’re more apt to stick with a brand that offers a loyalty program 2. And 66% of consumers say the abi lity to earn customer rewards actually changes their spending behavior 3. Cements Loyalty – A loyalty program is a crucial customer retention strategy.

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Retail Prophet

FEBRUARY 9, 2021

In 2019 Netflix CEO Reid Hastings sent an internal memo to shareholders addressing the competitive landscape and set out how Netflix would continue driving subscription and viewership. According to Nielsen, “82 percent of global consumers played video games and watched video game content during the height of COVID-19 pandemic lockdowns.”

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CRP

JANUARY 27, 2023

Consumers have understandably grown skeptical about brands indulging in self-promotion. The company has since then received funding to go direct to consumers, evolving into a multi-million-dollar brand selling in NY, LA, Dallas, and other renowned stores worldwide. Arielle Charnas launched her Something Navy collection in 2009.

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Parcel Pending

JULY 22, 2021

Of course, continue the community loop by rewarding winners with gift cards from your local booksellers, coffee shops, and retailers. We also recommend providing easy-to-find links on your home page, and of course, social media. The golden rule here is “social listening.” 4 Reward Loyalty. 5 Offer a Flexible Renewal Term.

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Parcel Pending

FEBRUARY 14, 2022

Online shopping and grocery and restaurant delivery are now a permanent part of how consumers order and acquire goods. Tenant retention rates are returning to normal and matching statistics similar to 2018, 2019, and 2020. Don’t forget to provide easy-to-find links on your home page and social media accounts.

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