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 . Facial Recognition .

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Inside Retail

SEPTEMBER 17, 2023

However, with international borders open again, and everyone seemingly heading to Europe in recent months, the travel retail market is booming. According to Research and Markets, the global travel retail market grew from US$68.91 billion in 2022 to US$79.05 The market is expected to grow to US$126.48

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Inside Retail

APRIL 14, 2024

When Sephora launched in South Korea, there were doubts about how the retailer would compete in one of the leading beauty capitals of the world. According to the International Trade Administration, South Korea’s beauty market was worth US$3.9 billion in 2022, making the country one of the top 10 beauty markets in the world.

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Inside Retail

OCTOBER 16, 2023

Even if only a fraction of these users convert into consumers, it spells immense profitability for retail brands. This is precisely what direct-to-consumer (DTC) brands have been capitalising on in recent years. While bricks-and-mortar stores still dominate the retail landscape, online retail is on the rise.

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Inside Retail

FEBRUARY 13, 2023

Following nine consecutive interest rate increases in Australia – with more likely to come – retailers are having to navigate a challenging economic environment, as consumers are looking to cut back their spending across a range of categories. This was arguably felt in December 2022, which saw a 3.9

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Inside Retail

APRIL 13, 2023

Erica’s strong retail experience and track record of delivering profitable growth in a variety of retail markets, alongside her proven leadership skills, makes her the ideal candidate to lead the business through its next phase of growth.”

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Inside Retail

JANUARY 30, 2023

Skechers has selected actor Lawrence Wong as its Singapore brand ambassador for the second year running, in an ongoing effort to strengthen its appeal to a broad consumer demographic in the saturated market. She noted that culture and weather play a huge role in shaping the Singapore retail market. sale last year.

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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

JULY 28, 2021

Klarna said Stockholm-based APPRL, which helps content creators and retailers cooperate, was the latest addition to its growing roster of retailer marketing services. The financial details of the deal were not disclosed.

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Retail Focus

FEBRUARY 2, 2024

Surviving and thriving in today’s competitive retail market requires more than offering quality products at best prices. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade. However, business owners often go slack with this part of running their retail ventures.

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Inside Retail

MAY 8, 2022

Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). For the year to June 2021, consumer retail spending grew by 9.1 But most significantly, I think it shows how quickly our new retail habits have become second nature, with 9.4 Retail Trade, Australia.

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Inside Retail

MAY 31, 2023

The 7-month-old marketplace has even begun outpacing China’s national retailers, establishing itself as a major player in the industry – and raising the eyebrows of competitors like Shein with its aggressive customer acquisition tactics. trillion this year, capturing a significant share of the global market.

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Inside Retail

JULY 24, 2023

The 1,679 sq ft store is the third of its kind globally, with the first store of the same concept opening in Guangzhou, China, in December 2022 and the second in Boston, US, in February this year. The open concept creates a space where consumers can shop cross-category to match their personal style.

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Inside Retail

FEBRUARY 8, 2022

Gifts have long since been a consumer favourite for Valentine’s Day celebrations. It’s a way for consumers to show their loved one’s admiration and gratitude on a love-filled day, yet as the global supply chain disruption lingers into 2022, consumers are becoming more reluctant in purchasing presents for this shopping event.

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Inside Retail

SEPTEMBER 27, 2023

Describing the lawsuit as “very questionable” Saunders said it was “based on chasing optics rather than trying to improve the lot of consumers and sellers.” Several legal experts told Reuters that the FTC faces “a high bar” in trying to show that US consumers would be better off in a world without Amazon’s policies in place.

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Inside Retail

AUGUST 9, 2023

billion in 2022 to S$3.9 The opportunities for growth are even greater for those MSMEs that are looking beyond Singapore to more mature online retail markets, like the US. That’s the message that US retail giant Amazon is sending with the recent launch of the Singapore Cross-Border Brand Launchpad. Net income was $6.7

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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 Focus

JUNE 1, 2021

The second and final phase will commence development in 2022. In the current context of the tough economic conditions impacting retail markets globally, the opening of a new outlet centre marks a significant investment by FASHION HOUSE Group in Bucharest’s economy and a vote of confidence in the city’s retail prospects.

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Retail Focus

FEBRUARY 23, 2024

In today’s modern, fast-paced world, it is no longer enough for retailers to simply expect consumers to walk in off the high street and begin spending money. Here, Retail Focus picks out some of the best examples of surface interaction within the retail market.

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Inside Retail

JULY 10, 2023

Australian consumer electronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retail market recovered.

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Retail Focus

JUNE 10, 2022

Susanne Morris, Director at Johnstone Property Consultants said: “The Northern Irish retail market is booming at the minute. Feedback from brands is that it is a great location to testbed new models or venture into a new marketplace and raise their profile among a new consumer. We have started 2022 with a bang.

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VMS

JANUARY 17, 2022

16, 2022 (GLOBE NEWSWIRE) – NRF Jacob K. As brands and retailers are finding creative ways to introduce their products via physical retail experiences, pop-up shops represent a flexible environment to engage directly with their customers,” said George Shaw, CEO and Founder of Pathr.ai. “??The The post NRF 2022: Pathr.ai

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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

JUNE 25, 2023

India’s mobile retail In recent years, the mobile phone retail space in India has been shrinking due to the rise of the digital marketplace, at the same time retailers have struggled to handle increasing real estate costs, labour expenses, and warehouse management. appeared first on Inside Retail. billion people.

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Inside Retail

JANUARY 3, 2024

The range of physical and virtual retail spaces, retailers, products and prices leaves consumers spoilt for choice. Retailing is more than just about consumption. Retail helps define a city’s identity and brand and thus attract visitors. Retailing matters. billion in 2018 – a 28.2 per cent increase.

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E Delevry

JANUARY 19, 2022

The proportion of consumers thinking same day delivery is important has increased from a third (33%) in 2020 to more than half (56%) in 2022, according to new data from ParcelHero. ParcelHero’s head of consumer research, David Jinks, said the pandemic’s focus on delivery has led to increased consumer expectations today.

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Retail Focus

OCTOBER 18, 2022

In fact, the latest figures suggest that spending on DIY projects in the UK will probably only fall by 5% in 2022 when compared to last year. But it isn’t likely to be the disaster in the overall retail market that some people predict.

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Inside Retail

FEBRUARY 27, 2024

However, the legacy retailer’s reputation has been on shaky ground of late. In the last quarter of 2023, Macy’s posted a net loss of $71 million, down from profits of $508 million in the same period of 2022, with sales dropping 1.7 per cent from $8.12 In December, Macy’s received a $5.8 That is a very tall order.

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Inside Retail

MAY 22, 2022

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. 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.

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Inside Retail

JUNE 23, 2022

Doug Herrington has been named CEO of Amazon’s new Worldwide Amazon Stores business, which was formerly known as Consumer, and John Felton has been named the leader of the Operations business. The project recently took home the top prize at the 2022 iTnews Benchmark Awards.

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Inside Retail

OCTOBER 11, 2023

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. The history and growth of DTC In the 2010s, early digital-native vertical brands (DNVB) such as Warby Parker and Glossier gained a lot of attention for their use of technology to reach consumers online.

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Inside Retail

AUGUST 3, 2023

Retailers such as Macy’s and Columbia Sportswear are expanding their use of “breathable” and “cooling” fabrics in a bid to boost sales as record-high temperatures drive demand for clothing that can help consumers beat the heat. million tons in 2022, according to the nonprofit Textile Exchange.

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Inside Retail

JANUARY 24, 2023

To what extent can City Chic’s half-year results be attributed to external trends and changes in consumer behaviour? As reported by Inside Retail , the plus-sized womenswear retailer recorded a sales dip of about eight per cent to $168.6

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Inside Retail

SEPTEMBER 6, 2022

By October 2019, South Korean companies were described by Korea Bizwire as “engaged in a fierce battle with Japanese rivals” in Vietnam, which it likened to a “post-China” market. Convenience stores and the e-commerce sector were growing much faster than the overall market. Source: Statista.

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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. The post Inside the rise of activewear in China appeared first on Inside Retail.

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Inside Retail

MARCH 15, 2022

Two more are on the way: Fukaya Hanazono, in Saitama, northwest of Tokyo, is due to open in the Northern Hemisphere autumn of 2022 and Kyoto Joyo will open near Osaka but currently has no fixed launch date. Prior to Gotemba, Japan’s retail market was tightly regulated and the industry in bad shape. High-end brands.

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Inside Retail

FEBRUARY 19, 2024

LG: Consumers across wellness verticals are looking for products with proven efficacy combined with a focus on quality, time-tested ingredients, education, and community. In 2022, Elix completed one of the first Institutional Review Board-approved clinical studies on the efficacy of an herbal supplement for menstrual and hormone health.

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