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

NOVEMBER 28, 2022

Indeed, even Sydney Fish Market now has its own online commerce site. Yet for retail marketers, handing over these keys to the kingdom is no easy feat. During the pandemic’s first 14 months, Australia’s e-commerce market grew from around 9 per cent of the overall retail market share to 13 per cent.

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Inside Retail

MAY 8, 2022

Am I the only one who’s suddenly doing a lot more shopping at 8pm? Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. For the year to June 2021, consumer retail spending grew by 9.1

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Inside Retail

APRIL 22, 2021

Looking ahead to the future of online shopping, three key trends in particular are likely to have lasting implications. Around the world, direct-to-consumer (D2C) brands are becoming mainstream — and they’re causing a major shift in where, when and how shopping is done. Direct-to-consumer selling.

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Retail Focus

JUNE 1, 2021

“We are thrilled to be opening two stores in Greater Manchester to make our affordable and much-loved furniture even more accessible in the North,” says Jenny Johnston, JYSK Sales and Marketing Manager, UK & Ireland. The post JYSK to open two new stores in Greater Manchester appeared first on Retail Focus - Retail Design.

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Inside Retail

SEPTEMBER 11, 2021

Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. With an innovative business model and a superior shopping experience provided to our customers, we appeal to a new generation of consumers who are willing to pay for high-quality and convenience in grocery shopping.

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Retail Times

OCTOBER 14, 2021

The Russian food retail market – one of the largest in Europe with an estimated value of RUB 17.4 trillion (or about USD 240 billion) in the 12 months to the end of June 2021 – has undergone seismic changes in recent years.

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VMS

JANUARY 31, 2023

Augmented reality (AR) in the retail market could be on the cusp of a massive growth spurt. A new report from Research and Markets said AR investments in retail were valued at roughly $2 billion in 2021, but that number is expected to explode to $61.3 billion by 2031. Google, Inter IKEA Systems B.V.,

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Inside Retail

SEPTEMBER 6, 2022

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

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Inside Retail

MAY 3, 2023

Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. Bear in mind, though, that the bar was set low because leasing revenue in the first quarter of 2022 fell 27 per cent from the corresponding period in 2021.)

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RetailMinded

JANUARY 4, 2022

Retail marketing has never been the same, especially with the changes brought about by the pandemic. These significant changes in the digital and marketing spaces altered customer expectations, shopping processes, and online experiences. Retail marketing isn’t easy. Customer Service Robots .

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Retail Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. A recent global shopper survey revealed that while 78% of shoppers often or always shopped in-store prior to COVID, by spring 2021 that had dropped by half to 39%.

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Inside Retail

AUGUST 20, 2022

As we know, today’s consumers are doing much of their shopping online. It allows brands to process customer data in real-time, optimise relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies. Between May 2020 and May 2021, Australians spent $48.1

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Inside Retail

MAY 22, 2022

And despite the importance of hypermarkets and the rapid growth of e-commerce in tech-crazy Korea, department stores are an important and venerable part of the country’s retail tradition. If you like style and tradition, then these are your shopping destinations. Market share of retail attributable to e-commerce has risen from 16.9

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Inside Retail

NOVEMBER 8, 2022

It was the culmination of a development that first broke ground in July 2021 as part of an area improvement project. Now it will be famous for its shopping, too. Where shopping and art coexist. Retail sales had been in freefall seemingly without a parachute for almost four years. Example: anyone up for Fukaya leeks?

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Inside Retail

JUNE 20, 2022

Hong Kong plays a key role in the technology ecosystem of the Asia-Pacific region, and Meta remains committed to driving economic and technological development in this market,” said George Chen, Managing Director of Public Policy for Greater China, Mongolia, and Central Asia at Meta. Online shopping trends. AR is here to stay.

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Parcel Pending

DECEMBER 8, 2023

With retailers navigating the turbulent post-pandemic waters, mediating inventory issues, and stabilizing their supply chain, they are now looking for solid and profitable solutions to ensure their continued success in the ever-competitive retail market. October 14, 2021. www.optimizely.com. link] Business of Fashion.

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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. It’s crucial for small and large businesses throughout the retail industry to know what’s next. What Are Retail Trends and How Do You Look Out for Them?

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Retail Bound

FEBRUARY 8, 2022

Robert joined our team in December 2021 as our newest Director of Business Development. Many companies who are either just starting out, selling direct, or even on Amazon, don’t always understand the value and diversity of today’s multi-faceted retail channels. Lastly, retail. We are very excited to have Robert join Retailbound.

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Inside Retail

FEBRUARY 6, 2022

KZ: In Australia, we already have a [large] share of the retail market, but the US is a huge market and opportunity for us. We just launched our UK page, so we’re tackling the European market, too. IR: The womenswear market is flooded with so many different brands now, especially on social media.

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VMS

JUNE 3, 2021

Its market size, $75 billion USD as of 2017, was expected to reach $100 billion USD by 2025, growing with a compounded annual growth rate of 5.6 Statista Statistics, a Germany-based market data firm, reports a slide of 35 percent in gold demand to 446.4 The sector has more than 300,000 players employing over 4.64 million by 2022.

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CAAD

NOVEMBER 9, 2022

Although for decades and decades it has been a minor issue in the retail sector , the check-out process has become the new battleground for retail operations to engage and retain customers. This is part of the ongoing need to improve the customer experience in the physical shop and of course in the digital store.

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