Inside Retail

JANUARY 11, 2023

At least two significant forces are reshaping how and where consumers shop and their expectations of brands. Encouragingly, consumers are ready to increase participation in the circular economy. Consumers want businesses to make it more convenient to take part.” . In stark contrast, Finland is targeting 100 per cent by 2025 2.

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Inside Retail

APRIL 19, 2022

Over the past two years, many Australian consumers have reset their expectations of the brand and customer experience. Having endured the pandemic and moved by escalating social and environmental causes, more consumers want to act for the greater good and expect businesses to follow. The power of purpose. Balancing purpose and profit.

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Inside Retail

OCTOBER 31, 2022

Against the backdrop of rising costs, supply chain issues and extreme weather events, more consumers are re-examining their consumption and waste habits. It reveals a window for businesses to lead, educate, and align with consumers to drive the transition from a linear to a circular economy. Consumer education and guidance required.

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Retail Times

FEBRUARY 9, 2023

Consumer electronics brands are looking to increase their direct-to-consumer selling in 2023, despite the cost of living crisis and reductions in consumer spending.

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Inside Retail

JUNE 7, 2022

Costco currently boasts 200,000 members and sells a mix of goods from fresh food, groceries, meat, consumer electronics, clothing, diamonds and even coffins. According to The Australian, Costco Australia’s sales in the year to August rose from $2.6 billion in 2020 to $2.8 billion last year.

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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. And then the other two stores we’ll be launching before Christmas [2023] are in Christchurch and Auckland International Airport.”

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Retail Bound

FEBRUARY 29, 2024

Out of numerous brilliant ideas, only a handful evolve into products that consumers truly desire. Depending on the nature of your business, be it a startup or a larger company, crowdfunding platforms have emerged as a powerful tool, particularly for startups and companies launching innovative consumer electronics.

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Inside Retail

JULY 14, 2023

Almost half of Aussies have used a BNPL service Monash University’s Australian Consumer and Retail Studies research unit ran a pulse survey in June 2023 to gauge Aussies’ use of BNPL services in general and across a range of retail categories.

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Retail Focus

OCTOBER 6, 2021

including consumer electronics, toys, games, books, kitchen, home, and more. On opening day, customers will see Mattel’s must-have toys, the newest building sets from LEGO, best-selling books near Bluewater, Joseph Joseph’s trending kitchen gadgets, and a variety of highly-rated consumer electronics, just to name a few.

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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. India boasts a staggering 750 million active internet users armed with smartphones. With a substantial percentage of its 1.4

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Inside Retail

OCTOBER 19, 2023

In an exclusive interview, Nick Ramsay, CEO and co-founder of Circular, shared a glimpse into the company’s rapid growth, its upcoming initiatives, and its vision to reshape consumer tech habits for the better. The story so far “Early testing in various APAC markets has shown a strong demand for tech subscriptions.

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Inside Retail

MARCH 28, 2023

Customer redirects toward refurbished goods According to data from Similarweb, traffic to consumer electronics websites fell during Q4 for FY23, with customers increasingly shunning the segment across both Black Friday (16.3 per cent down year-on-year) and Boxing Day (2.3 per cent down year-on-year).

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Design Week

JANUARY 7, 2022

This year’s Consumer Electronics Show (CES) could not quite escape the winter’s Omicron outbreak, which curtailed the hybrid conference by a day. Big names also either pulled out completely or modified their entries at the Las Vegas showcase, while many visitors were virtual.

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Inside Retail

SEPTEMBER 29, 2023

Tech accessory juggernaut Casetify is making waves in the American retail landscape via its landmark partnership with consumer electronics giant Best Buy. She added that consumer sentiment was a big factor in driving Casetify’s online sales, which helped the brand weather the pandemic while posting sales growth at a healthy pace. “We

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Inside Retail

JANUARY 22, 2024

Whereas prior systems prioritized technical capability, the Macintosh was intended for nonspecialist users – at work, school or in the home – to experience a kind of out-of-the-box usability that today is the hallmark of not only most Apple products but an entire industry’s worth of consumer electronics, smart devices and computers of every kind.

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Inside Retail

FEBRUARY 8, 2024

L’Oréal presented the Water Saver, a sustainable haircare system for the salon and at-home beauty routine, at the 2021 Consumer Electronics Show, and that same year it was named in Time’s “100 Best Inventions of the Year”. The luxe division includes brands YSL Beauty, Giorgio Armani Beauty and Prada Beauty. per cent and +16.4

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Inside Retail

JANUARY 17, 2022

Despite modest sales, customer demand for consumer electronics and home appliance products have increased, according to the company. The company’s The Good Guys appliance retail chain recorded a minor 0.8-per-cent per-cent decline in sales to $1.439 billion – but that was 25.4 per cent ahead of the December 2019 half.

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Inside Retail

OCTOBER 17, 2021

As restrictions ease, and consumers in Australia’s most populous states regain some basic freedoms, the recovery can now get underway. However, while retailers and consumers alike would be eager to put 2021 behind them, the research suggests recent events have yet again reshaped the way people shop and spend.

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Retail Bound

NOVEMBER 16, 2023

As the year is coming to an end, many retailers are planning for next year’s CES (Consumer Electronics Show) in Las Vegas (January 9 th -12 th ) and public relations should be part of your strategy to maximize your awareness for your product brand. The post PR Tips for CES 2024 appeared first on Retailbound.

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Inside Retail

AUGUST 31, 2021

As increasingly more newcomers enter the consumer electronics market, owning a brand as recognisable as Aiwa would be a tremendous competitive advantage.” . “Not very often does an opportunity arise to acquire such a top tier brand in this industry,” said Hilco Streambank CEO Gabriel Fried. “As

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Inside Retail

JUNE 5, 2023

Take consumer electronics, where sales are softening concerningly. Thirdly, at the top end of town, luxury retail is chugging along just nicely with its core consumers, which proves the point. It is this middle cohort of consumers who will drive what happens next.

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Inside Retail

JANUARY 15, 2023

Anchorage struck gold with the $20 million acquisition of the Dick Smith consumer electronics chain from Woolworths Group in November 2012. Woolworths had written off more than $420 million restructuring the business, which was Australia’s largest consumer electronics chain by store count.

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Retail Times

APRIL 26, 2021

PJSC M.video (M.Video-Eldorado Group, the Company, or the Group; MOEX: MVID), Russia’s leading e-commerce and consumer electronics retailer and part of the SAFMAR Group owned by Mikhail Gutseriev, is building up its local presence with Eldorado 250, a new format of 250–500sq m stores.

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Inside Retail

JUNE 27, 2022

A softening of consumer demand . Both 2020 and 2021 saw record-breaking levels of consumer demand brought about by the pandemic and subsequent lockdowns. While there are some signs of inflation beginning to correct itself, it could be some time yet before general consumer costs return to normal.

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Inside Retail

JULY 26, 2022

At the ARA, we represent some of the largest retailers in the country – from the major supermarkets, department stores, fashion outlets and providers of household goods and consumer electronics, however the vast bulk of our membership are small- and medium-sized businesses, most of whom are omnichannel retailers. .

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Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Walmart is not resting on its laurels.

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Inside Retail

OCTOBER 31, 2022

Will the rising cost of living cramp consumer spending in the most important quarter of the retail calendar? . In terms of consumer activity and sales, Cyber Week is a key sales period for Godfreys, which has now overtaken Boxing Day for us. We asked five retail leaders what they’re expecting from peak season this year.

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Inside Retail

OCTOBER 13, 2021

For brands selling through third-party retailers in categories like FMCG or consumer electronics, retail media allows you to tap into rich purchasing signals, boost visibility and improve conversion rates. Covid has driven a huge shift of Australian consumer retail spending to online channels.

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Inside Retail

OCTOBER 4, 2021

We’re also seeing an interesting change in consumer behaviour in the lead-up to Black Friday, with consumers actively choosing to hold back on purchases in anticipation of massive discounts and limited-time offers. When timing and statistics align.

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Inside Retail

NOVEMBER 10, 2022

Consumer sentiment is, however, at a low ebb – hit hard by China’s stringent Covid curbs and a sharply slowing economy. “But it seems most consumers, particularly in the current environment, just want cheaper goods.” per cent to 3.6 Before 2020, the festival was a one-day event. per cent and 8.9

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Inside Retail

JULY 25, 2022

In Australia, by contrast, retailers do not routinely offer an installation and demo with the sale of electronic goods – and this can sometimes cause issues for consumers and retailers alike. For the consumer, they’re left out in the open if they have to find all these additional services in order to be happy with the product.”.

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RetailMinded

JULY 17, 2020

However, these consumer shopping behaviors vary from shopper to shopper and even between retail segments. For example, millennials and baby boomers have exhibited far different shopping activities, and the channel preferences for shoppers buying groceries versus consumer electronics also varies. Consumer Electronics.

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Inside Retail

FEBRUARY 2, 2023

Especially in department stores, where the consumer appetite to spend appears to have fallen so dramatically between November and December? I think consumer spending, certainly in discretionary spending categories, will normalise and soften. I think we’ll start to see a return to normality,” Mortimer told Inside Retail. “I

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VMS

AUGUST 31, 2021

F ROM AN EMPORIUM selling tea, one of the oldest consumables around, to another selling state-of-the-art consumer electronics – and several retail formats in between – this year’s winners show how to keep bricks-and-mortar a vibrant selling channel. 2021 Retail Renovation of the Year.

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Retail Focus

JUNE 7, 2021

The initiative, developed by the company’s dedicated Sustainability Leadership Team, has already been trialled on units manufactured for several of its clients, including beauty and consumer electronics brands.

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Retail Focus

AUGUST 4, 2021

Many retailers would usually already have containers full of fashion, consumer electronics and gifts on the way to the UK in readiness for the busy Black Friday and Christmas periods. It’s a risky gamble that could leave them short on goods when consumers are keen to spend the money they’ve saved during lockdown.

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VMS

APRIL 7, 2021

Consumer electronics is another category poised to endure closures, with nearly 8000 predicted to shut their doors. Currently at 18 percent, UBS predicts e-commerce sales will climb to 27 percent. The note also predicted apparel retailers will be the largest group impacted by growing e-commerce.

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