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GoTo and Alibaba lead the charge in Asia-Pacific’s booming retail market

Inside Retail

Watsons’ “The Grand Store” in the Philippines is leading this trend by leveraging Artificial Intelligence (AI) and Augmented Reality (AR) to personalise in-store shopping. He went on to say that adoption and implementation would vary across retailers, markets and product categories.

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13 Retail Marketing Tips For Small Businesses In 2023

RetailMinded

The retail landscape has changed drastically over the past few years as businesses continue to ride the wake of a subsiding pandemic. Contactless shopping, delivery, and curbside pickup — once a public health necessity — have now turned into conveniences many consumers regularly expect. Nearly 80% of U.S.

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Why New Balance is putting people at the heart of its new store concept

Inside Retail

New Balance recently revealed a new retail concept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. The open concept creates a space where consumers can shop cross-category to match their personal style.

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Abercrombie & Fitch delivers ‘exceptional’ first-quarter performance 

Inside Retail

It has also made great strides into growth areas of apparel, such as activewear via its YPB own-brand offer. While it is true that pressures are building in the retail market, we are not anticipating this to create a complete collapse in consumer demand. per cent this quarter, off the back of strong numbers in the prior year.

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How Korea’s big 3 department stores are killing it right now

Inside Retail

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. Retail sales are off to a flyer in Korea so far this year.

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Augmented Reality in Retail Projected to Experience Massive Growth

VMS

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., Microsoft Corp.

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Itching to Twitch: Inside the world of live-streaming

Inside Retail

He believes retail marketers have overlooked gaming due to its digital nature and confusion about how a digital property can drive people into stores. He points to supermarkets, electronics, apparel, furniture, health, sports and beauty as strong emerging categories on the platform. ” Thriving categories.