Inside Retail

JANUARY 26, 2023

. “Lotte Duty Free Melbourne Airport store … will be a key hub for Lotte Duty Free’s global business expansion and (duty-free) market recovery,” said Kim Ju-nam, CEO at Lotte Duty Free. The company has 13 stores in six international markets.

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Retail Focus

JUNE 1, 2021

Despite a challenging year for the retail market, with forced store closures during lockdown periods, over 860,000 customers (a 55% YoY increase) in the UK & Ireland chose to shop at the Scandinavian retail chain to improve everyday life in their homes, confirming a UK-wide trend that has seen homewares sales soar.

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Retail Times

JANUARY 13, 2022

The UK online retail market experienced the lowest rate of growth in 22 years of tracking. Online revenue in 2021 finished up +2.7% year-on-year against 2020, according to the latest figures from the IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers.

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Inside Retail

MARCH 20, 2023

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. Without this, our total logistics emissions in 2021-2022 would have been 20 percent higher,” Dahl-Thorup said.

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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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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

APRIL 14, 2024

Those doubts were born out as Sephora was unable to gain traction in the highly competitive beauty retail market of South Korea, after years of heightening losses. million) in 2021, and 17.6 Sephora isn’t the only Western beauty retailer that has struggled to integrate into the competitive South Korean retail market.

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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.

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Inside Retail

SEPTEMBER 6, 2023

While Rolex is an internationally recognised brand, Bucherer isn’t as well known outside of Europe and the US, and operates in a highly homogenised luxury and jewellery retail market. “I This robust performance persisted even during pandemic-induced market slumps, dwarfing the S&P 500 index’s annual growth of eight per cent.

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Talking Retail

JANUARY 20, 2023

If the headline figures are to be believed, it’s been a good Christmas for food and drink retailers. Market analyst Kantar puts year-on-year growth in December at 9.4%, the fastest increase since February 2021. But, This story continues at Big story | Christmas trading: How was it for you?

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Retail Marketing Marketing 52

Inside Retail

MAY 8, 2022

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. Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). Here’s the first interesting finding.

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Inside Retail

SEPTEMBER 11, 2021

In 2020, our market share of China’s on-demand DMW retail industry in terms of GMV was 28 per cent, ranked first in North China, according to iResearch. We also ranked the highest by satisfaction rate of consumers compared to our competitors, according to a survey conducted by iResearch in February 2021. billion revenue ($943.7

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Inside Retail

MARCH 27, 2023

Retailers had already been using AI to a certain extent, but after a couple of years of “getting to know how it works” we’ve reached a point where its inclusion is something that can’t be ignored.

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Inside Retail

AUGUST 22, 2023

Grand View Research credits the “the growing e-commerce retail market, increasing corporate wellness programs, and the rising number of start-ups in the sustainable athleisure space” with driving the rise of this specific category within the athleisure market.

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Inside Retail

APRIL 22, 2021

According to the latest data from Australia Post, more than four in five households shopped online in early 2021 – an all-time high that’s been rising steadily since the global pandemic first sent people to online channels in record numbers. And if the latest consumer behaviours are any indication, this trend is here to stay.

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Inside Retail

AUGUST 20, 2022

The Covid-19 pandemic has further transformed the retail landscape, and spending habits of consumers. Between May 2020 and May 2021, Australians spent $48.1 billion on online retail , accounting for around 13.2 per cent of the total retail sales (NAB). Are you ready to reimagine retail marketing?

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Inside Retail

APRIL 12, 2021

The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. Nike Refurbished is just the latest secondhand initiative from a major retailer in recent months. Secondhand shoes will initially be available in up to 15 stores in the US, according to Nike. What’s driving the rise of resale.

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Inside Retail

JUNE 24, 2021

The International Group of Department Stores (IGDS) has appointed André Maeder as the new IGDS President for 2021-2023. Maedar, who has expertise in the international retail market and in premium and luxury brands,is the CEO of The KaDeWe Group, which he joined in 2014. Susman will stay on as a board member. “As

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Department Stores Management Tailored Apparel 147

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. Facial Recognition . Final Thoughts .

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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

MAY 3, 2023

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.) The vacancy headache Being the dominant mall operator in a developing nation of 100 million is an impressive achievement that also carries some perils not so salient in mature markets.

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Inside Retail

SEPTEMBER 6, 2022

Between between 2013 and 2018, the country’s retail market was growing at about 11 per cent each year – massive cumulative growth for any retail market in the world. Convenience stores and the e-commerce sector were growing much faster than the overall market. Source: Statista.

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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. Retail sales had been in freefall seemingly without a parachute for almost four years. The centre is located in Fukaya City, Saitama Prefecture, north-west of Tokyo.

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Inside Retail

MAY 22, 2022

This is a feature of retail everywhere in the world right now and it is likely to be sustained for some months. per cent in April, which doesn’t seem too bad until you see that it is double what it was as recently as September 2021, with food and household goods particularly affected in the retail sector.

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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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Management Fashion Contrast Shopping 52

Retail Bound

FEBRUARY 8, 2022

Robert joined our team in December 2021 as our newest Director of Business Development. As Mark Twain once said, “The reports of my death are greatly exaggerated”; similarly, the death of brick and mortar has been predicted for the last 20 years, and by all reports, retail sales are up in 2021 and stores are expanding.

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Social Media Strategy Retail Chains Marketing 52

Inside Retail

NOVEMBER 18, 2021

This will place China at the leading edge of e-commerce and digital marketing, a fact that is now widely acknowledged around the world. per cent in 2021 and domestic consumption set to double in the next 10 years. The future of China’s retail market is all about e-commerce. trillion, and the US$5.6

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Marketing Beauty and Health Social Media Consumer 130

Creative Displays Now

JUNE 30, 2021

It’s crucial for small and large businesses throughout the retail industry to know what’s next. Here’s a look at retail market trends in 2021 and beyond. What Are Retail Trends and How Do You Look Out for Them? 10 Retail Trends to Watch Out For in 2021 and the Coming Years.

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Inside Retail

JUNE 20, 2022

shows that the sportswear market in 2021 was almost entirely recovered to pre-pandemic sales. This was mainly fuelled by Chinese consumers, who accounted for nearly 23 per cent of the growth, followed by the US market at 15 per cent. On the global scale, research from McKinsey & Co. billion ($960.8

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Inside Retail

JUNE 20, 2022

Fairfull believes the biggest implication for the APAC marketplace is that retailers risk being left behind. “I I don’t see these new initiatives by Meta HK changing the Australian retail market anytime soon. Australian retail is generally years behind innovative and experiential retailers in Asia,” she said. “It

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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 also donated $US550,000 in 2021, to various global charities that many of our customers care about. And we audited 100 per cent of our tier-one factories to ensure worker safety.

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Social Media Fashion Strategy Expansion 130

Retail Bound

JULY 20, 2022

We heard you and Curtis were on Dragon’s Den back in 2021. Dragons Den was our first experience of taking Vertiball to a larger market. Did you have a similar sentiment before launching the product in retail? After raising equity financing, we determined it would be the right time to start approaching the retail market.

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E Delevry

MARCH 15, 2022

Similarly, 2021 research from the International Post Corporation (IPC), found 44% of online shoppers have changed their purchasing behaviour to be more sustainable. We are likely to see retail marketers weaving environmental values into the brand messaging, right through to shipping information pages on e-commerce websites.

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Perspective Fashion Consumer Line 52

VMS

JUNE 3, 2021

After opening 16 stores in 2020, the brand recently announced a $405 million USD investment plan to open 90 new stores across India and in 16 international markets this year, demonstrating optimism in its business from key retail markets. million USD.

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CAAD

NOVEMBER 9, 2022

On the other hand, Shopify’s Future of Retail in 2021 report is blunt: the future of retail is contactless. It encourages customers to use social media , as it is a fundamental element of retailer marketing. 62% of shoppers prefer to make in-store purchases with digital or contactless payments.

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