Retailing Insight

NOVEMBER 2, 2021

Today, we are inching toward 2022 with the understanding that the pandemic is still a part of our world and the new normal is here. This coming year will set the new shopping trends in stone for the next decade and create a new standard for retailers to pay attention to and master.

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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 per cent in August 2022 compared to the previous year. She said that consumers are already making cuts. she said. “Not

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Inside Retail

NOVEMBER 26, 2023

Retailers worldwide have battled slowing conditions, with Australian footwear giant Accent Group and American fashion brand Guess recently highlighting the impact lower consumer confidence is having on the wider market. “The online retail sector is one of the few where the consumer is a bit more in the driver’s seat. .”

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Inside Retail

FEBRUARY 14, 2023

After multiple paradigm shifts in 2022, retailers are facing a very different landscape in the months ahead. Let’s start with shoppers finally emerging from a Covid-19 cocoon of contemplation and online shopping. Then, seemingly out of the blue, around mid-2022 many shoppers realised they could no longer afford their lifestyle.

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Inside Retail

NOVEMBER 13, 2023

The retailer also expanded its vision centres and pharmacies with private screening rooms, and placed digital touchpoints throughout the store to provide information of products and services. And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items. billion in 2017.

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Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022. It was valued at $3.8 China’s e-commerce market, worth $1.9

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Inside Retail

SEPTEMBER 19, 2023

Top 10 fastest growing retailers Amid the dynamic and competitive retail landscape in 2022, ‘GoTo Gojek Tokopedia PT’ and Singapore’s ‘Sea Ltd’ emerged as standout performers, achieving retail sales growth rates of 44 per cent and 43 per cent, respectively.

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Inside Retail

APRIL 16, 2024

Modern consumers, especially those within the Gen Z age bracket, are becoming increasingly interested in shopping methods that differ from the traditional e-commerce model of a direct-to-consumer website or shopping online via big-box retailers. Shopping via…YouTube? billion in 2027.

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Retail Bound

MAY 22, 2022

As we rapidly approach the peak selling season for 2022, I thought it might be beneficial to take a quick look at where retail stores currently stand. Having recently reviewed some studies by the National Retail Federation (NRF), I discovered some interesting facts. But how is this possible?

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Inside Retail

SEPTEMBER 13, 2022

Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. By March 2022, the savings rate had fallen back to 11.4 A look at consumer sentiment and spending .

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Inside Retail

FEBRUARY 20, 2024

Australia, like many other regions, is witnessing a significant shift in consumer behaviour, with e-commerce playing an increasingly integral role in the retail landscape. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2 billion in 2022.

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Inside Retail

DECEMBER 11, 2023

Welcome to December and the chance for retailers to redeem themselves with customers. Historically, the highest retail sales and earnings were generated in December in the weeks leading to Christmas and the following Boxing Day sales. Short-term gain for long-term pain?

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Retail Focus

DECEMBER 10, 2021

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Estimates of a 4.2% Estimates of a 4.2%

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Inside Retail

MARCH 9, 2023

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. Retail occupancy is 98.3

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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

JANUARY 11, 2023

Household spending on retail goods and services is set to continue the recovery it started in 2022. And the third factor is history: there is a school of thought – understandably strong among retailers – that rents were set too high leading up to the pandemic and that the period from 2020-22 reset them at more realistic levels.

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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 What does travel retail mean? per cent ove overall sales.

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VMS

OCTOBER 29, 2021

After September’s better-than-anticipated retail sales numbers, a new survey polling top retail executives points to a gloomier horizon. Further, 98 percent agree that supply chain issues will continue impacting the retail sector through 2022 and beyond.

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VMS

OCTOBER 29, 2021

After September’s better-than-anticipated retail sales numbers, a new survey polling top retail executives points to a gloomier horizon. Further, 98 percent agree that supply chain issues will continue impacting the retail sector through 2022 and beyond.

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Tusco Display

JANUARY 7, 2022

2022 Retail Trend Predictions Predictions abound as 2022 kicks off and retail trends are not immune to speculation. The Covid pandemic continues to loom over retail but very differently from its impact in both 2020 and 2021. We’ve written on the topic before and will continue to talk about it.

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Retail Focus

JANUARY 24, 2023

Unsurprisingly, retail sales are predicted to struggle this year, with discretionary and leisure items being more negatively impacted than others. The recession has already started to impact shopping behaviour, which will continue for much of this year. Source Pixabay For example, supermarket retailers saw a growth of 10.9%

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Inside Retail

NOVEMBER 6, 2022

We’ve also noticed an increase in advertising for big sale events including Black Friday, Cyber Monday, Click Frenzy, and even Afterpay Day. Even before thinking about the specifics, the timing of these sales appears challenging for both retailers and consumers, not to mention supply chains.

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Inside Retail

OCTOBER 31, 2023

However, recent research from Mintel suggests that in the US, there is a subtle and evolving perception of value among beauty consumers. This shift in consumer preferences is not only affecting the industry’s dynamic but also has implications for mental health and gender inclusivity.

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Inside Retail

DECEMBER 19, 2022

The tradition of gift-giving at Christmas drives billions of dollars in retail sales every year. In Australia alone, consumers are expected to spend $63.9 According to a recent survey commissioned by The Body Shop, 1.5 We know that people are open to shopping secondhand at Christmas.

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Inside Retail

APRIL 6, 2022

Pattern Australia has released its fourth annual report on consumer considerations and e-commerce. Impressively, Amazon has managed to hold onto the accelerated gains it made in the last two years when consumers were in lockdown, and the research finds that e-commerce shoppers have no plans to slow their spending on the marketplace in 2022.

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Inside Retail

NOVEMBER 28, 2022

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. This year, Australian e-commerce revenue is projected to reach US$45 billion as online shopping becomes the norm, rather than the exception. . Follow where the consumers are going.

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Retail Focus

FEBRUARY 2, 2024

Exceptional customer service goes beyond driving sales. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade. Considering these numbers, retailers have valid reasons to go above and beyond to capture their fair share of the market.

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Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. However, over the 12-month period from November 2021 to November 2022, online purchases were down 3.8

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Inside Retail

FEBRUARY 5, 2024

But 10 years later, advertisers are falling back into old habits ditching long-term brand-building efforts to purely focus on activation campaigns that deliver sales in the short term. And that applies equally to retail sales data. It’s all too easy to get stuck dissecting the monthly ABS retail data. billion and $1.6

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Inside Retail

MAY 8, 2022

Am I the only one who’s suddenly doing a lot more shopping at 8pm? 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 per cent year-on-year growth in retail consumer spending to March 2022 3.

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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

AUGUST 15, 2021

New concept stores, wholesale distribution and an online shopping site are set to roll out early next year. . It currently has operations in over 50 countries throughout Europe, the Middle East, Asia, Latin America and Africa, with a wholesale distribution network of 4000 points-of-sale, 120 mono-brand stores and 90 corners and shops-in-shop.

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Inside Retail

JANUARY 15, 2023

Coming out of (or still in) the Covid-19 pandemic, experts are forecasting turbulent times for Australia’s retail industry, as it grapples with – among other factors – the effects of rising interest and inflation rates, diminished consumer confidence and potential drop in spending throughout the year. But not all consumers are equal.

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Inside Retail

JULY 28, 2021

Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces. Australian digital sales reached record levels during Covid-19, with lockdowns driving consumers online in greater volumes than ever before.

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Inside Retail

MARCH 13, 2023

Murphy opened his first bottle shop in 1952 in Chapel Street, Prahran, Victoria, and differentiated the business by offering a guarantee to beat competitors’ prices. We haven’t seen any indication of customers trading down when it comes to the products they shop for with us,” Pfeiffer-Smith said. per cent in 2020.

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VMS

JANUARY 14, 2022

WASHINGTON, January 14, 2022 – Retail sales during 2021’s November-December holiday season grew 14.1 billion, easily beating the National Retail Federation’s forecast and setting a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic, NRF said today. percent over 2020 to $886.7

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Retail Focus

JUNE 13, 2023

In fact, when factoring in the quality of local shops, cafes, eateries, banks, Post Offices and other amenities, London is the only region across the UK where more than half of residents (58%) were positive about their high street. The world of retail has changed significantly over the past decade. in Feb 2020 to 25.1%

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