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. The market is expected to grow to US$126.48

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Inside Retail

MAY 12, 2021

The March rebound also reflected the increase in spending relative to the start of the COVID-19 period in March 2020. The HSI covers around 55 per cent of Australia’s total consumer spend across seven categories: home buying, retail, travel, education, entertainment, motor vehicles, and health and fitness.

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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. billion in 2027. billion in US gross merchandise value this year.

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Inside Retail

FEBRUARY 20, 2023

For consumers, there is a very strong desire to get out and enjoy life. per cent in September 2022 only slightly above 2019 levels and well down from the 2020 high of about 24 per cent, suggesting that the amount of dry powder in consumers wallets is declining. per cent last year, with the economy growing by an estimated 6.5

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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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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 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

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. per cent in June 2020. A look at consumer sentiment and spending . Consumer sentiment fell by 3 per cent to 81.2

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Inside Retail

SEPTEMBER 26, 2022

In 2020, it released its second product, the Impossible Sausage Made From Plants, and it’s just getting started. “So So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. The Singapore market. It’s also available in RedMart stores – Singapore’s biggest online grocer – and via Amazon.

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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, 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

APRIL 8, 2021

The impact of Covid-19 restrictions nationally was not as serious as in the early months of calendar 2020 and sales were bolstered by Black Friday, Click Frenzy and Cyber Monday leading into Christmas. 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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Inside Retail

MARCH 13, 2023

Dan Murphy’s is investing in both the online and offline consumer experience. Pfeiffer-Smith did not directly address the decline in beer sales and its effect on Dan Murphy’s; however, she did note there is a great opportunity for all drinks categories, including beer, to innovate to meet changing customer needs. per cent in 2020.

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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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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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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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Inside Retail

FEBRUARY 17, 2023

As the creators of a startup family business in Brisbane now focusing on international expansion, Katrina and Brenden Kehoe know all about the challenges – and satisfaction – of developing a brand and product range for multiple markets. Kehoe’s Kitchen’s current retail product range.

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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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Inside Retail

JANUARY 11, 2023

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. The normalisation of tourism in markets such as Singapore and Bangkok also helped landlords lease space and stabilise rents. Three factors are of special concern.

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Inside Retail

JUNE 16, 2021

While the northern hemisphere basks in the warmth of summer, winter officially begins in Australia — which also means, it’s time to get ready for End of Financial Year (EOFY) sales. 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.

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VMS

AUGUST 11, 2021

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 Read the press release: Retail sales in the U.S.

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Inside Retail

AUGUST 24, 2021

According to Ibisworld, Australia’s online grocery market is expected to increase 46.2 billion market. Pretty Green , a sustainability-focused grocery delivery service, offers a range of fresh produce from local markets, as well as popular household staples for free and contactless delivery, with no minimum spend. 10 minutes.

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Inside Retail

MARCH 15, 2022

Prior to Gotemba, Japan’s retail market was tightly regulated and the industry in bad shape. Government statistics show that at the time of Gotemba’s opening, retail sales in Japan had fallen for 42 consecutive months. This lends itself to deeper and more complete assortments than in mid-market outlet centres.

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Parcel Pending

SEPTEMBER 30, 2021

Consumer Shift: Hybrid Work is Here to Stay. Consumer Shift: Mask Mandates Are Keeping Residents Home. These actions have caused uncertainty with consumers and residents with some of them returning to lockdown habits of staying in, ordering take-out, socializing in a small pod, and refraining from international travel.

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Outdoor Space Management Consumer 98

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. Why online will grow: consumer trial.

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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 retail sales last year. percent of total U.S.

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Inside Retail

JULY 19, 2022

The company that changed the way we watch television and movies aims to emulate the success of Mickey Mouse and “Star Wars,” by trying to build brands that traverse film, television, games and consumer products, executives told Reuters in recent interviews. SCOUTING MATERIAL. Thunell called this step a “game changer.”

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Parcel Pending

FEBRUARY 12, 2024

1,2 The challenge for convenience store owners, therefore, is implementing a business plan with strategies that increase retail sales, foot traffic, and profit margins. Taking that positioning and optimizing store layouts around that philosophy boosts the retail customer experience.

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Strategy Consumer Location Layout 52

Retail Bound

MAY 22, 2022

This response is evidenced by the growth in retail just as the pandemic was hitting. According to the Bureau of Labor Statistics, retail establishments in the United States in Q3 2020 were 1,045,422, up 4,801 over the previous quarter — the highest Q3 retail establishment count in the last decade.

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Consumer Planning Apparel Shopping 52

Retail Focus

JUNE 14, 2021

2020 saw the Covid pandemic arrive and cause chaos among all manner of industries in the UK and across the world. Britain’s retail sector suffered the biggest drop in the total volume of sales since records were begun. It is predicted that over the next few years, around 80,000 retail units will close across the states.

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Inside Retail

OCTOBER 24, 2021

Akers’ push to amplify Black-owned brands comes as some US retailers attempt to address racial inequality through their buying, marketing and hiring practices. In the wake of last year’s Black Lives Matter protests, several major retailers, including Nordstrom, Target and Walmart, have committed to stocking more diverse brands.

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Parcel Pending

APRIL 21, 2021

Clearly, the year 2020 was the year of e-tailing, e- shopping , and eCommerce with Digital Commerce 360 reporting that US “ retail chains will end the year with a collective 76.8% However, don’t write off brick and mortar retail stores yet. Brick and Mortar Retail Stores: A Place to Try, Touch, & Taste.

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Inside Retail

FEBRUARY 27, 2023

From 2020-22, retailers took the opportunity to accelerate their digital transformations. For many, this meant bringing forward investments in e-commerce to sustain a level of sales activity. The retailer’s website is merely the start of a customer’s shopping journey today.

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Parcel Pending

FEBRUARY 5, 2021

Although the marketer in all of us wants to intrinsically place the pick-up counter at the back of the store to spur additional sales, resist! Remember: there is increased customer demand for this near-instant gratification method because consumers want to avoid a lengthy and cumbersome shopping experience. years vs. 3.4

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Strategy Social Media Shopping Consumer 52

Retailing Insight

NOVEMBER 2, 2021

R emember April of 2020 when we were all wondering what the new normal would be post- pandemic? 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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Reimagine Hobbies Consumer Shopping 98

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 saw some retailers, like Lowes and Walmart, lean into this in 2021 with their apps.

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Concept Sporting Goods Consumer Location 40

Parcel Pending

FEBRUARY 10, 2021

The 2020 holiday season had not one, but two record-shattering days of online eCommerce sales with $9 billion on Black Friday bested by $9.4 In 2020, $861 billion was spent on online retail sales representing 21.3% of total retail sales and a staggering 87% increase from 2017 3. 2020, November 29).

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