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. So how can physical retail stores replicate the experience and deliver an equally personalised interface for customers?

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Inside Retail

JUNE 5, 2023

In a recent webinar with Inside Retail , Neilsen director, media analytics and consumer research, Shruthi Babu told attendees that, at a time when customers are increasingly feeling inflationary pressures, retail catalogues have become an important way for shoppers to make buying decisions.

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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 old premise that a sale is a temporary gain but the objective should be to impress the customer with the shopping experience and encourage repeat custom, to develop brand loyalty.

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Inside Retail

JUNE 15, 2021

Retailers and consumers have been urged — or forced — to take their transactions into the digital marketplace. New consumers. Gen Z (those born after 1997) is dramatically reshaping the consumer landscape in China and there are more than 300 million of them according to the latest census statistics. New brands . New operations.

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Retail Focus

APRIL 4, 2024

At the heart of this digital revolution, premium and luxury brands, renowned for their heritage, craftsmanship, and exclusivity, find themselves at a fascinating crossroads (Open access Goverment 2021). The resilience of these brands is exemplified by their ability to withstand economic fluctuations and evolving consumer tastes.

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Inside Retail

FEBRUARY 14, 2022

Delving deep into the customer-centric strategy in his book The Power of Customer Experience (2021), Newman believes we “must focus on building customer lifetime value as that is the recipe for sustainable success over the long term”. Gone are the days of purchasing everything new.

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Inside Retail

DECEMBER 7, 2023

billion in 2021. Generative AI art: Luxury brands are using generative AI to create NFT [non-fungible tokens] art pieces and improve customer engagement opportunities. By 2028, the market is expected to grow continuously to reach $31.38 It reinforces that it’s urgent to carefully regulate this space.”

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RetailMinded

MARCH 29, 2021

Retailers, are you ready to boost your store visibility, sales and overall success in 2021? The National Main Street Center has created a dynamic, engaging and informative day – taking place April 13, 2021 – dedicated entirely to small businesses as part of their three-day virtual event.

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Inside Retail

AUGUST 17, 2021

The 2021 State of Fashion report published by McKinsey showed that data captured in the past 18 months indicates fashion moved “five years forward in consumer and business adoption of digital in a matter of months”. Starting with Chanel, Farfetch aims to enhance interactions between consumers and sales associates.

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Contra

JANUARY 10, 2024

Visual merchandising plays a pivotal role in the retail industry, significantly influencing consumer behaviour and sales outcomes. It combines aesthetics, branding, and customer experience to create an environment that not only attracts customers but also encourages purchases and brand loyalty.

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Contra

JANUARY 10, 2024

Visual merchandising plays a pivotal role in the retail industry, significantly influencing consumer behaviour and sales outcomes. It combines aesthetics, branding, and customer experience to create an environment that not only attracts customers but also encourages purchases and brand loyalty.

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Creative Displays Now

MAY 22, 2023

If your consumer packaged goods (CPG) brand is interested in going green, consider the ways cardboard retail displays can enhance your efforts. Today’s consumers care more about protecting the planet than ever before, so switching to corrugated cardboard can highly benefit your business.

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VMS

NOVEMBER 18, 2021

HAYWARD, CA – (November 18, 2021) – OnQ , a leading manufacturer of custom retail displays, today released results of a national survey, QR Code Consumer Use Study , which explores how shopper behavior around QR codes has evolved since the onset of the COVID-19 pandemic. QR Code Use on the Rise.

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Parcel Pending

APRIL 25, 2024

The Port of Baltimore ranked as the 17th largest in the United States by total tonnage in 2021, serving as a crucial conduit for transporting iron, steel, automobiles, construction machinery, and coal. Introduce Sustainable Options Consumers care more than ever about saving money and the planet. In 2023, it managed an impressive 52.3

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Parcel Pending

SEPTEMBER 30, 2021

The lure of loyalty cards remains the same since its inception: it’s more cost efficient to retain an existing customer than it is to acquire a new customer. 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. 2021, April 29).

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Parcel Pending

APRIL 21, 2021

Although consumer return rates normally hover between 25-30%, Narvar reports that they skyrocketed to 70% in 2020! Consumers will get the gratification that comes from in- store shopping , and stores will have lower inventory and personnel requirements.”. Direct-to-Consumer Brands Embracing Physical Stores. 2021, January 10).

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Inside Retail

JULY 3, 2023

billion in 2021, and forecasted to grow to $12.97 For retailers, the potential benefits include saving money – as they don’t have to photograph different models wearing different types of clothes – improving customer engagement and conversion rates, and reducing return rates. billion in 2028.

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RetailMinded

JANUARY 21, 2022

While availability of consumer goods may present some of these hiccups, how those goods are managed should not be an issue. Customer Engagement Remains a Must. As customer ourselves, it’s easy to realize how fast one can become distracted. billion in 2021 alone. Live selling capabilities. billion market right now.

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Parcel Pending

DECEMBER 8, 2023

4 Given inflation and consumers’ quickly changing preferences, dynamic pricing allows for rapid-fire pricing changes while maximizing revenue. Retail analytics software can help retailers deploy specific strategies based on the knowledge and customer analytics collected by POS systems. October 14, 2021. February 27, 2023.

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Inside Retail

FEBRUARY 9, 2022

As demographer Simon Kuestenmacher observed in an ABC interview, the changes in consumer buying behaviour during the pandemic have been significant. Consumer expectations of a flawless, omnichannel digital experience with 24/7 support have driven a shift in the distribution of where workers are needed in the retail sector.

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Creative Displays Now

JUNE 30, 2021

Here’s a look at retail market trends in 2021 and beyond. 10 Retail Trends to Watch Out For in 2021 and the Coming Years. A retail trend points to development and changes in consumer behavior. These instances highlight how customers interact with brands, as well as how brands respond to them.

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Retail Insider

SEPTEMBER 14, 2021

About a third of the production is sold direct-to-consumer (DTC), another third exported (lots to Scandinavians who love natural wine, according to Waldgate) and a final third through wholesalers. A case in point is that he was told that the consumer will be confused if a winery makes too many wines. Clearly rubbish.

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Retail Insider

DECEMBER 8, 2021

You’re starting to sound bitter: Essentially they identified a massive lack of consumer knowledge that Lick could tap into and indeed harness via a large online community of DIYers from the Insta generation who like nothing more than showing off their handiwork on socials or sharing life hacks. Far from it. And it’s popular?

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Retail Insider

JANUARY 31, 2022

This is crying out ‘Gousto is another one of those businesses that has benefited from the changing consumer habits/state-led behaviour alterations of the past three years’: Don’t get ahead of yourself and don’t ever try to second guess what I am going to say. So many of the things that consumers care about now are in-built into this company.

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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. million worth of merchandise in one day. Image Courtesy: MM.LaFleur 3.

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Inside Retail

FEBRUARY 29, 2024

In 2021, Rent the Runway went public at $21 per share, but hasn’t traded above $5 since August 2022 and is currently valued at approximately $0.41 How should the industry adapt to rapidly changing consumer concerns? A r eport conducted by the firm estimated that the online clothing rental market will be worth $1.77

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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. Many tenants have realised the benefits of using multiple channels to reach out to their customers and offer an omni-channel experience.

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Retailing Insight

MARCH 13, 2023

Those fluctuations derive from the changing economy and changes in customer preferences and habits… No matter if your business is brick-and-mortar, has an e-commerce model, or is a business you are planning to launch this year, you need effective marketing strategies — whether you are seeking to grow or just to ‘keep the lights on.’

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Parcel Pending

DECEMBER 30, 2021

2021 was a perfect storm for retailers as they struggled with labor shortages, material scarcity, and supply chain bottlenecks. If you want to know how to enhance the customer experience in retail , you should stay abreast of emerging trends, such as self-checkout options and automation. 2021, October 27). 2021, April 11).

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Parcel Pending

FEBRUARY 28, 2023

The interactions between customer and retailer are made up of all these different touchpoints. Customers often choose companies they shop at based on their overall experience through all points of the customer engagement journey – not simply individual interactions with individual departments. www.pwc.com. March 28, 2022.

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Parcel Pending

FEBRUARY 28, 2023

The interactions between customer and retailer are made up of all these different touchpoints. Customers often choose companies they shop at based on their overall experience through all points of the customer engagement journey – not simply individual interactions with individual departments. www.pwc.com. March 28, 2022.

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Retail Insider

MAY 28, 2021

It says it wants to open five stores a month in 2021! This shop is able to sell single gaming cards with consumers happy to pay eye-watering figures to get that coveted and needed card for their perfect deck. Geek Retreat works on a franchise model and seems very successful at it. What of the future?

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