Inside Retail

SEPTEMBER 7, 2023

With affordability and sustainability remaining top of mind for Australian consumers, an increasing number of individuals are turning to and relying on second-hand products. The resale furniture market in particular appears to be experiencing a boom period.

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Inside Retail

OCTOBER 16, 2023

Walmart and Petco are just the latest examples of a trend among both specialised pet care retailers like Petco and Chewy, and mass-market retailers such as Kohl’s, and Lowe’s, of expanding pet care services and product ranges to meet the needs of an increasingly pet-centred society. The pet perfume market alone was estimated to be worth US$1.4

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Inside Retail

FEBRUARY 1, 2024

It’s no secret performance marketing on social media platforms isn’t what it used to be but it’s where consumers reside. Michelle Evans, global lead of retail and digital insights at Euromonitor International, said in a statement that “consumers are also seeking more power in their relationships with brands”.

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Inside Retail

NOVEMBER 27, 2023

There are about 1600 possible product combinations, according to Felicity McGahan, group CEO of Strand, the 96-year-old Australian luggage chain that launched Nere in 2022. With most items priced under A$200, the brand is seeking to elevate travel for the mass-market consumer. “Everyone travels now,” McGahan told Inside Retail.

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Retail Focus

DECEMBER 5, 2022

With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions. Attractive to younger generations, leisure can help to bring physical commerce back to consumers who strayed from it during COVID.

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Inside Retail

NOVEMBER 23, 2023

For the past few years, consumers have been more than willing to dip into their bursting savings accounts – thanks in large part to the pandemic – to spend on Black Friday. per cent up on 2022. The post How FOMO drives consumers and retailers to participate in Black Friday appeared first on Inside Retail Australia.

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Retail Focus

JANUARY 6, 2022

Global architecture, planning and design firm CallisonRTKL has released its Forecast 2022 report – looking at the accelerators, disruptors, and constants shaping the built retail environment in the year to come. Consumers care less now for these stories than they do for convenience. Tempur-Pedic (New York City).

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Inside Retail

APRIL 24, 2024

per cent in the first quarter, with consumer goods up 3.1 Since retail trade is a key input into broader consumer spending, which in turn is a massive component of GDP (as much as 45 per cent by some estimates), it stands to reason that the retail series might be a bit wonky too. Officially then, China’s retail sales rose by 4.7

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Inside Retail

FEBRUARY 23, 2022

The e-commerce boom of the last two years has been felt across the globe, and the Australian market is no exception. If last year felt slightly less volatile than the one before it, it might be because business owners and markets as a whole have learned to keep a finger on the pulse of change and respond quickly.

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Inside Retail

APRIL 10, 2024

In an era marked by escalating living expenses and an ever-growing environmental consciousness, consumers worldwide are reshaping their purchasing behaviours, with potentially significant impacts on the retail industry. A birds eye view According to Zuniga, global consumer sentiment is increasingly prioritising sustainability.

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Inside Retail

MARCH 8, 2024

Last week, Amazon -owned grocery chain Whole Foods announced the launch of a new format store, Whole Foods Market Daily Shop, to make grocery shopping more convenient for urban consumers. Whole Foods Market Daily Shop is not the grocery retailer’s first foray into smaller storefronts. Amazon’s US$13.7

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Retail Focus

NOVEMBER 25, 2022

The 2022 MAPIC Conference Programme has been released. The opening keynote at MAPIC 2022 is on the future of retail and will consist of two parts. The psychologist and author of the bestseller Why We Buy: The Science Of Shopping , will shed light on the evolution of consumer habits in our post- pandemic world. OPENING PARTY.

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Retail Focus

OCTOBER 7, 2022

MAPIC is launching its Retail Village concept for MAPIC 2022. It is now those that combine their physical and digital markets to create a fluid, coherent experience – regardless of the channel taken but with a customer-centric approach. Francesco Pupillo, Director of MAPIC. Francesco Pupillo, Director of MAPIC.

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Inside Retail

FEBRUARY 2, 2023

In today’s digital landscape, consumers have quickly become the driving force of how businesses conduct their marketing and customer-facing operations. As such, it is essential that brands stay abreast of consumer expectations in order to keep up with the changing times.

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Inside Retail

DECEMBER 13, 2023

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

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Inside Retail

AUGUST 23, 2023

The Australian Bureau of Statistics (ABS) released its count of business entries and exits for the 2022-2023 financial year on Tuesday, revealing the formation of 406,365 businesses, or 66,000 fewer than in 2021-2022. per cent in 2021-2022, outlining the post-lockdown boom in consumer spending. per cent of businesses.

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Inside Retail

DECEMBER 4, 2023

The Holiday aroma — a festive blend of pomegranate, mandarin orange, pine, cloves, cinnamon, vanilla, and amber — was the number one luxury candle sold in America in 2022, according to research conducted by The NPD Group.

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Retail Focus

MARCH 27, 2023

The key downfall of a D2C brand in the eyes of a consumer is the lack of physical presence where you get the chance to pick up, turn on or try on its products. In 2022 we created the ‘Productivity Pop Up’ for the productivity and organisational webtool D2C brand Notion in Old Spitalfields Market to bring to support their UK media campaign.

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Inside Retail

NOVEMBER 3, 2022

It seems like every day a new piece of content is published about the metaverse that defines the metaverse, projects its market size, and offers frameworks for conceptual understanding. At Microsoft, we break down the metaverse i nto three strategies: consumer, enterprise, and industrial. Consumer metaverse. NFTs and Loyalty.

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Inside Retail

APRIL 2, 2024

In a world where technology, from smartphones to AI, is being integrated into almost every aspect of daily life, it may surprise some people to learn that the stationery market is thriving. per cent during the forecast period between 2024 to 2029. per cent during the forecast period between 2024 to 2029.

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Inside Retail

SEPTEMBER 19, 2023

Leading market research firm Euromonitor International has just unveiled its 2023 rankings for the Top 10 fastest growing and biggest retailers in Asia Pacific, with Indonesia’s GoTo stealing the spotlight. Post-pandemic, consumers are returning to physical stores that offer immersive experiences.

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . This shows that consumers are researching online to find the product they are after before they head to a retail store to buy it. Representing 19.3 Search engines.

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Inside Retail

DECEMBER 18, 2022

Sunway Malls’ turnover has now exceeded pre-Covid 19 levels, and Chan expects the overall increase in consumer traffic to be about 15 per cent above pre-pandemic levels by the end of 2022. Changing consumer behaviour. Direct-to-consumer strategies, both online and offline, have also emerged as a clear trend.

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Inside Retail

JANUARY 30, 2023

It has never been more difficult – nor more important – to stay one step ahead of evolving consumer habits. There’s little doubt that marketers have another challenging year ahead as they try to grow revenue and build lasting relationships with their customers set against constricted consumer spending.

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Retail Focus

SEPTEMBER 27, 2022

The online marketing industry is constantly evolving as retailers are always looking to improve their online marketing techniques to meet the demands of their customers. In what follows, we discuss the top 2022 e-commerce technology improvements guaranteed to develop your business. . Mobile Marketing . Visual Marketing .

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Inside Retail

OCTOBER 4, 2023

In 2020, the global candle market size was valued at US$8.86 Market research firm Statista expects the global candle market to continue to grow at an annual compound growth rate of 2.88 Levy also noted that while many consumers were stuck at home and stressed out, they sought out products that could provide a sense of escape.

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Inside Retail

MARCH 8, 2023

According to the e-commerce company’s latest Trender report, emerging innovations like ‘shoppertainment’ and virtual retailing are enabling brands to further diversify their omni channel offerings and cater to modern consumers who expect more from online retail platforms. Another driver is demographics. What’s next?

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Inside Retail

APRIL 3, 2024

Participation in the sport nearly doubled in 2022, increasing by 85.7 According to business analytics firm Verified Market Research , the pickleball equipment market was valued at around US$519 million in 2022 and is expected to reach over US$1 billion by 2030, growing at a compound annual growth rate of 9.52

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Inside Retail

MAY 12, 2022

Italian luxury shoe maker Tod’s sees analysts’ expectations for 2022 sales and profitability as achievable despite a marked slowdown in China due to widespread Covid-19 restrictions, its finance chief said. The analyst consensus is for 2022 sales of around 970 million euros and a 5 per cent EBIT margin.

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Inside Retail

JULY 28, 2021

Swedish payments firm Klarna said on Tuesday it had acquired influencer marketing software firm APPRL as it looked to tap into strong growth in shopping across social media channels. The post Sweden’s Klarna buys influencer marketing platform appeared first on Inside Retail. The financial details of the deal were not disclosed.

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Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 billion) in 2022, and this figure probably understates the true size of the pie. billion (A$21.5

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Inside Retail

MAY 1, 2024

It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. In 2022 I went to Brisbane and scouted the location there and we started straight away,” Niels Bark, Lekker’s CEO, told Inside Retail.

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Inside Retail

JANUARY 30, 2024

Tea has traditionally been marketed with images of classic sets of teapots and cups or cozy vignettes involving couches and knit cardigans. According to data collected by market research firm The Brainy Insights , the global tea market was valued at US$52 billion in 2022, and is expected to grow at a compound annual growth rate of 7.2

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Inside Retail

SEPTEMBER 14, 2023

With a vast population still grappling with basic needs and a price-sensitive market, many global luxury players have incurred significant losses in the past. However, recent shifts in market dynamics have transformed the approach of Western luxury brands towards India. times by 2030, reaching a staggering US$300 billion.

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Hunton Andrews Kurth

JANUARY 11, 2023

As we kick off a new year, the Hunton Andrews Kurth Retail team would like to provide you with a rundown of the top posts we shared throughout 2022. Top Posts of 2022: IP in the Metaverse: An Overview for Retailers in a New Landscape. Please click the links below to review these highlights.

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Retail Design Institute

AUGUST 22, 2022

August 21, 2022: Retail partnership marketing continues to reshape the retail landscape and the Retail Design Institute visited StorePoint Retail in greater Orlando to explore the topic via panel discussion.

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Inside Retail

MARCH 3, 2022

Pharmacy retailer TerryWhite Chemmart has won the major prize at the 2022 Retailer Awards presented by Commonwealth Bank, taking out the award for Customer Experience of the Year in a medium to large business. The post TerryWhite Chemmart wins top honour at the 2022 Retailer Awards appeared first on Inside Retail.

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