Inside Retail

APRIL 18, 2024

Booktopia Group says it has delivered a positive cash flow of $781,000 in the March quarter, thanks to cost-saving and efficiency efforts.

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Inside Retail

APRIL 4, 2022

Less than five years ago, many consumers wouldn’t have heard of buy now pay later (BNPL). We take a look at some of the fascinating consumer shifts around BNPL that have happened in the retail landscape lately. Consumer attitudes towards money management are changing, now that younger consumers’ attitudes towards credit have shifted.

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Inside Retail

NOVEMBER 3, 2021

New technologies have sprung up to connect consumers at a time of increasing distance. Substack, Patreon, Discord, and Clubhouse have enabled consumers to become one-click content creators, and mind-sharers whilst connecting people globally. The possibilities for increasing consumer engagement and consumer connection are endless.

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Inside Retail

MARCH 22, 2024

Our disciplined approach in managing the business enabled us to deliver $330 million of operating cash flow and $248 million of free cash flow and end the year with a cash position of $360 million, well ahead of our expectations,” Alberini continued. Further reading: Guess posts flat revenue amid lower consumer confidence.

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Inside Retail

OCTOBER 13, 2021

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Boost cash flow. Flexible payments will improve your cash flow management.

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Inside Retail

JANUARY 17, 2024

ARA CEO Paul Zahra said retailers have managed to minimise the negative impact on consumers, but warned the inconvenience of out-of-stocks and delays could soon escalate into higher prices on everyday essentials. Zahra called for urgent resolution of the dispute, to prevent any further adverse impacts for importers, retailers and consumers.

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Inside Retail

MAY 8, 2024

This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. This will allow consumers to align and ‘buycott’ from a supermarket that promotes their values.

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Inside Retail

OCTOBER 26, 2023

Amazon has delivered a stunning 244 per cent growth in third-quarter net income as – in the words of one analyst – it overrides the slight slowdown impacting the wider US consumer economy. The e-commerce giant booked a net income of $9.9 billion during the third quarter of FY23. Amazon reported a 13 per cent increase in net sales to $143.1

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E Delevry

NOVEMBER 20, 2023

From today [Monday 20 November 2023], consumers will be able to collect one Tesco Clubcard point for every £1 spent at evri.com, as Tesco partners with a parcel delivery firm for the first time. Alternatively, consumers can choose to donate to charity – or double the value of their points with more than 100 Tesco Clubcard Reward Partners.

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Design Wanted

JANUARY 11, 2022

German carmaker BMW has unveiled the world’s first “colour-changing” car at the Consumer Electronics Show (CES) in Las Vegas. BMW has unveiled the world’s first “colour-changing” car at the Consumer Electronics Show (CES) in Las Vegas – ©Ivan Cruz.

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Inside Retail

MAY 16, 2023

BLG executive chair Jason Murray said consumer confidence has been at “historic lows” yet the business is “optimistic” for sales growth. “We Sales improved in the lead-up to Mother’s Day and have been consistent since, while BLG’s non-discretionary product lines are continuing to perform well.

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Inside Retail

FEBRUARY 8, 2023

This, he said, is “causing needless harm and cash flow challenges for small and family businesses.” Not paying on time has the effect of perpetuating late payments and cash flow challenges across the economy. Cash] flow seems to come up [as a justification] as well as the current trading conditions,” he said.

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Inside Retail

AUGUST 6, 2023

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity. The jury is out.”

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Inside Retail

MAY 7, 2024

Stores are syncing product releases and advertising campaigns to calendar events, meanwhile, consumers are planning their purchases to the retail calendar. Christmas, Valentine’s Day, Easter, and even Taylor Swift’s Eras Tour gave retailers a platform to market on and a date that consumers are excited to spend.

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Inside Retail

JULY 12, 2023

Australian small retailers are failing to meet their financial benchmarks, as softening consumer spending, rising wages, and inflation threaten business survival. The rising cost of doing business is attributed to wage pressures, the cost of goods and services, and cash flow management, the study highlighted. “We

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Inside Retail

MAY 2, 2021

The commitment follows Aldi’s plan to power its operations entirely with renewable energy , and trials of instore recycling services to help consumers to reduce their waste footprint for items such as coffee capsules and soft plastics, as well as harder to recycle items such as batteries.

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Inside Retail

OCTOBER 13, 2022

SMS marketing is a staple in today’s direct-to-consumer toolkit, opening new opportunities for customer engagement, retention, and revenue growth. The channel’s reach and popularity have extended to all corners of the world, including in Australia, where more brands and consumers are going mobile to not only communicate but shop.

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Inside Retail

FEBRUARY 20, 2023

For consumers, there is a very strong desire to get out and enjoy life. per cent in September 2022 only slightly above 2019 levels and well down from the 2020 high of about 24 per cent, suggesting that the amount of dry powder in consumers wallets is declining. per cent last year, with the economy growing by an estimated 6.5

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Inside Retail

NOVEMBER 26, 2023

Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service. And they won once again.”

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Inside Retail

JANUARY 30, 2024

Since the advent of paid ads on social media, performance marketing has reigned supreme, offering brands direct access to consumers and the ability to convert sales. Performance marketing is great at driving short-term revenue and is good from a cash flow perspective.

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Inside Retail

OCTOBER 17, 2023

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Inside Retail

JANUARY 10, 2022

.” Australian Retailers’ Association chief executive Paul Zahra said retailers had overall enjoyed a strong November, driven by a record-breaking Black Friday period and rising consumer confidence heading into Christmas. This is, obviously, quite different to what the industry is facing currently.

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Inside Retail

JANUARY 16, 2024

Panels on “Global forces shaping the retail business landscape,” moderated by Andrea Bell, vice president of consumer insights at WGSN, and “The Vogue Business Index: Luxury’s new global gateways,” moderated by Anusha Coutiggane, head of advisory at Vogue Business , were particularly enlightening. billion by 2031. Reduced spend: 25.6

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Inside Retail

MARCH 8, 2024

A perfect storm of the rising cost of doing business and falling consumer spending is likely to weigh on the fortunes of some discretionary retailers in 2024. By James Stewart, National Leader, Consumer and Retail, KPMG Australia; Gayle Dickerson, Partner, Deals, Tax & Legal, KPMG Australia; and David Hardy, Partner, KPMG Australia.

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Inside Retail

AUGUST 29, 2022

per cent in July year-on-year as consumers spent $34.7 Nevertheless, Zahra described July’s figures as “an incredible result considering the inflationary pressures consumers are under at the moment” . Retail spending surged 16.5 billion in-store and online, according to the Australian Bureau of Statistics (ABS).

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Inside Retail

FEBRUARY 20, 2023

With excess cash flow amid Covid-19 stimulus measures, he said that consumers opted for big ticket items like big toolboxes and fish sounders. While Super Retail Group’s big ticket items aren’t receiving the same level of demand as in the past, its consumable products have become more popular.

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Inside Retail

DECEMBER 17, 2023

Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances. Such economic strain is leading to behavioural changes in the way consumers are shopping and planning their festive budgets. But this shouldn’t just be a retail race to the bottom.

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Inside Retail

JUNE 26, 2023

Co-founder Chris Lutz said the business successfully battled through COVID-19 restrictions, but successive interest rate hikes by the Reserve Bank of Australia, designed to curb discretionary purchases, have now hampered consumer spending. Tracy Keating, founder of Leaf Candle Co.,

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Inside Retail

MAY 30, 2022

The Australian Competition and Consumer Commission says the financial services giant has been engaging in anticompetitive conduct since 2017 in the supply of debit card acceptance services, with the purpose of substantially lessening competition.

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Inside Retail

SEPTEMBER 20, 2023

In the pre-purchase phase, Niteco’s team would look first at the shopping flow: how they look at products from the homepage or a product listing page all the way through to clicking on a product and adding to their cart. Experimentation is usually divided into pre-purchase and post-purchase experiences.

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Inside Retail

NOVEMBER 13, 2023

Storefront traffic flow has increased, and we will be closely monitoring conversion to fully understand the impact AR technology has on customer shopping habits.” We’ve already seen promising results,” Child told Inside Retail. We want to grow, learn, and evolve alongside our customers’ shopping behaviours.”

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Inside Retail

FEBRUARY 14, 2023

“Accordingly, we have narrowed our near-term priorities to focus on those which will assist us to improve our gross profit after paid acquisition margin and accelerate our return to cash flow positive.” As a result, the group expects this year’s MPR to be well below last year’s due to softening consumer demand.

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Retail Focus

APRIL 2, 2024

Of course, things have moved on a little from the early days of simple displays, with retailers now having a whole arsenal of tools at their disposal to not only bring in more consumers, but also improve their overall experience. However, when it comes to actually using these tools, this is often easier said than done.

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RetailMinded

OCTOBER 30, 2022

But while this is a major concern for many businesses in the retail industry, major price cuts will likely be music to the ears of consumers in the wake of the ongoing cost-of-living crisis. Understandably, 59 per cent are concerned about the ramifications of this on their firm’s cash flow.

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Inside Retail

JANUARY 28, 2024

The prediction was pretty much on the mark with sluggish economic growth and stuttering consumer spending a factor in a slew of retail failures. Inflationary pressures remain Of course, the other hope is that there will be no more interest rate increases with battered consumer confidence taking an upward swing and lifting retail spending.

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RetailMinded

NOVEMBER 12, 2022

The much-anticipated shopping event is famously focussed around discounts and, in a year where cost-of-living pressures are so acute, consumers all over the world are likely to be bargain hunting even more this year – in fact, they’ll be relying on discounts to afford their holiday shopping. Holidays (and Challenges) Are Coming.

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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. per cent drop in consumer spending. This was arguably felt in December 2022, which saw a 3.9

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