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How beauty retailer Ella Bache is navigating the consumer spending slowdown

Inside Retail

French-founded and Australian-owned skin and beauty retailer Ella Bache has powered through almost 70 years of ups and downs. And with the recent slowdown in consumer spending and rising cost of doing business, that experience is proving invaluable. Changing spend Ella Bache is no stranger to this.

Consumer 246
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How Color Psychology Influences Retail Sales

Creative Displays Now

By understanding the psychological impact of colors, retailers can create an atmosphere that resonates with consumers to boost engagement and prompt in-store sales. A contrasting black against gold accents communicates luxury and exclusivity, while a mix of pastels can elicit nostalgia and softness.

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Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. The scale of a renaissance in bricks-and-mortar store openings may well be modest but it does contrast with an extended prior to and through the Covid-19 pandemic of store network pruning.

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Young adults are feeling the pinch – here’s how retailers are responding

Inside Retail

A number of retailers have affirmed analysis from Commbank’s Cost of Living Insights Report which showed that financial pressures aren’t hitting everyone equally. Spending among 35+ year old consumers had increased by 3.1 per cent on retail services for the 12 months to March, 2023. per cent on apparel, and by 9.7

Fashion 238
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How to ensure Black Friday doesn’t become the nightmare before Christmas

Inside Retail

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.

Consumer 246
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Asos pins hopes on cost savings after Christmas sales slide

Inside Retail

In Britain, its biggest market Asos saw sales fall 8 per cent in the four months to December 31, hurt by Christmas delivery problems, which shook customer confidence in online, and a tough comparison against last year when, by contrast, the pandemic pushed people to shop online. per cent on the year.

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Why short-term data alone won’t cut it for retailers in 2024

Inside Retail

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