Inside Retail

MAY 9, 2023

Children’s goods retailer Toys ‘R’ Us says its strategic turnaround plan announced in March is on track and it has already achieved cost savings of $4 million this year. To date, the company has improved its gross margin in the Australian direct-to-consumer e-commerce division from 16.4 per cent in February to 22.3 per cent in April.

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Inside Retail

AUGUST 2, 2023

Australian shoppers are predicted to spend $860 million on Father’s Day gifts this year, according to research by the Australian Retailers Association (ARA) in collaboration with Roy Morgan. Zahra described the occasion as a “social family event” with consumers favouring food and alcohol as gifts.

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Inside Retail

MARCH 26, 2024

The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. Club 99 is $5 for a lifetime membership and gives customers a hoard of benefits that range from annual gift vouchers, member discounts and access to 99 Bikes classes.

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Inside Retail

DECEMBER 19, 2021

Beauty retailer Mecca is creating new opportunities to connect with Christmas shoppers by introducing gift card vending machines in high foot traffic areas of Australia’s major cities. The technology combines PayWave and credit card payment with dispensing capabilities for gift cards between $25 – $100.

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Inside Retail

DECEMBER 18, 2023

How will consumers be spending their dollars in the week leading up to Christmas, what are retailers doing to entice consumers in-store and which retailers will benefit from this? Because its jewellery is modular, gifts can range in size – and cost – from very small to substantial,” Zanner said.

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Inside Retail

SEPTEMBER 27, 2023

In 2021, Lululemon launched Like New, a re-commerce initiative that encourages customers to trade in gently used items in exchange for a gift card, and by 2025, the company aims for at least 75 per cent of its materials to be sustainable. “We billion to US$12.5 billion by 2026,” Pope noted.

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Inside Retail

APRIL 28, 2021

Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. Jana Bowden, an expert in consumer psychology and consumer engagement at Macquarie University Business School, told Inside Retail that Woolworths “dodged a bullet”.

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Retail Focus

OCTOBER 16, 2023

Last year, UK shoppers were tipped to have spent almost £1.63million on Super Saturday, as they topped up on last minute gifts and headed in-store to avoid Royal Mail strike disruption impacting online deliveries in the final shopping days before Christmas.

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Inside Retail

MAY 9, 2021

SS: Covid has undoubtedly impacted the way consumers are shopping, and it’s impossible to ignore the consistent growth in the digital space as a result. In the past year, one of our proudest initiatives has been formalising our commitment to Reconciliation through our first Reconciliation Action Plan.

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Retail Focus

FEBRUARY 2, 2024

Sovereign Centros has announced that local homeware and gifts retailer, Fig & Fox, has opened at Festival Place , one of the UK’s top 25 retail and leisure destinations. The Festival Place location also features a takeaway counter serving barista-crafted hot drinks from local coffee roasters, Moonroast Coffee.

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Retail Focus

NOVEMBER 15, 2021

Bright Data , the global industry leader in making public web data accessible to all, has today released new research that reveals consumer sentiments around the 2021 holiday shopping season, including Black Friday and Cyber Monday. The research, carried out by Vanson Bourne , surveyed 4,000 consumers across the US and UK.

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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? . We have been planning our peak season since early this year, so I think we’re well-placed to achieve great results. Over $1000, with over $400 of that going to holiday gifts specifically.

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Inside Retail

NOVEMBER 6, 2023

Here, she discusses her philosophy for finding and managing good people, the global company’s sprawling plans for expansion, the importance of an exciting customer experience in toy stores, and more. For example, we’re looking at ways that our AI can help gift-givers choose something that’s perfect for their specific loved one.

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Inside Retail

OCTOBER 4, 2021

Christmas is coming early for retailers, with Australians preparing to spend $11 billion on Christmas gifts and a staggering 80 per cent expected to purchase before December, figures from Roy Morgan show. Take your marketing a step further and do outreach to ensure you’re included in third-party sales round-ups and seasonal gift guides.

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Inside Retail

NOVEMBER 13, 2023

The plan, according to Oroton’s chief executive Jenny Child is to inspire customers to come in-store to check out the technology, as well as invite passersby to engage with the mirrors. “We The AR displays, which come from fashion tech company Zero10, give customers the opportunity to virtually try on items from Oroton’s new collection.

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Inside Retail

NOVEMBER 6, 2022

Even before thinking about the specifics, the timing of these sales appears challenging for both retailers and consumers, not to mention supply chains. Noticing these challenges, we teamed up with Associate Professor John Hopkins to explore how BFCM might be impacting Christmas, from supply chain to consumer behaviour.

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Inside Retail

DECEMBER 13, 2021

On the flipside, consumers prefer to be told what gift to buy (32 per cent) and want to be more thoughtful with their gift choices this Christmas (31 per cent). The post Connection and convenience: here’s how Cue plans to kill it this Christmas appeared first on Inside Retail.

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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. Still, many shoppers have indicated that they are planning to wait for ‘better deals’ closer to the end of the year.

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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

NOVEMBER 18, 2022

Quoting the organisation’s Consumer Sentiment Report, interim NRA CEO Lindsay Carroll said buyers are preparing for the holiday shopping season by modifying their spending habits in order to afford Christmas events and gifts. Covering the pre and post-Christmas shopping periods, that figure would represent a 3.9

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Inside Retail

SEPTEMBER 11, 2023

New research from Combank shows a growing divergence between Australian consumers who say they’re comfortable and those who say they’re doing it tough, irrespective of their financial situation. We are finding that consumers are more discerning now. They’re being a lot more discerning with their discretionary dollars.

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Inside Retail

AUGUST 1, 2023

As cost of living pressures continue to rise, a large proportion of their consumer base is pulling back on non-essential items to ensure they can afford to pay bills and other essentials. More and more, consumers are looking for an alternative to cheap, sugary chocolate from the supermarket.

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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

FEBRUARY 8, 2022

Gifts have long since been a consumer favourite for Valentine’s Day celebrations. It’s a way for consumers to show their loved one’s admiration and gratitude on a love-filled day, yet as the global supply chain disruption lingers into 2022, consumers are becoming more reluctant in purchasing presents for this shopping event.

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Inside Retail

NOVEMBER 2, 2023

Despite the efforts that go into planning, maintaining and marketing local shopping areas, the people who use these places are often not consulted about what they actually want and need on their main street. We wanted to find out what consumers see as their ideal local shopping street. What are the key shops and services?

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E Delevry

NOVEMBER 17, 2021

Worries around retailers being able to deliver gifts in time is prompting customers to shop early, according to new research from Bright Data. The post Consumer worries around supply chain disruption prompts early holiday shopping appeared first on eDelivery.net.

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Inside Retail

NOVEMBER 21, 2023

This has allowed them to undercut other brands and get more margin – a strategy that is paying off as consumers become more stretched, allowing Coles to increase home brand sales 9.4 Away from their physical stores, they are offering telehealth , insurance , mobile phone plans , gift cards , and deliveries at work.

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Retail Focus

MAY 16, 2022

The new Dyson store at Harrods will offer services including customisation of the AirwrapMulti Styler and Supersonic, personalisation, exclusive colourways and a complimentary gift-wrapping service.

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Inside Retail

JANUARY 23, 2024

What retailers need to keep in mind this Valentine’s Day Along with major shopping holidays like Christmas or Black Friday, Valentine’s Day is a significant date on the retail calendar, when many consumers are looking to purchase gifts for their friends and family. On average, consumers spent US$192.80 billion in 2022.

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Inside Retail

NOVEMBER 27, 2023

Australian luggage brand Nere is anticipating strong sales this holiday season, thanks to the ongoing travel boom, growing appeal of practical gifts like suitcases, and high-profile location of its first stand-alone store, which opened in November. When Covid took travel from us, we all realised the role it really plays in our lives.

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Retail Times

FEBRUARY 29, 2024

Interflora, has unveiled its new brand platform, Say More, as part of its wider plans to pivot the business to better appeal to a younger audience.

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VMS

DECEMBER 22, 2021

“Our retail customers use Matterport technology in a variety of different ways, whether that’s creating a virtual showroom where consumers can shop for holiday gifts or using digital twins to remotely manage store design and operations,” said Conway Chen, Vice President of Business Development of Matterport. Read the case study.

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Inside Retail

DECEMBER 4, 2023

Berkshire Hathaway’s toy company Jazwares has acquired toy distributor Big Balloon, as part of its global expansion plans. Jazwares Australia will have a major impact on the toy industry in the long-term, with the team’s laser focus on Jazwares’ brands and business, adding value to all retail partners and consumers,” Zebersky added.

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Inside Retail

APRIL 12, 2023

The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. billion Direct-to-Consumer (D2C) shipments by 2030. In recent years, India has emerged as a major market for luxury brands.

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RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

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RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

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RetailMinded

OCTOBER 30, 2022

A poll of 250 retailers found 45 per cent have surplus goods they’re desperate to offload – with fashion, toys and gifts, baby and toddler the sectors struggling the most being . However, 41 per cent of all retailers polled intend to take steps to fix inventory planning issues ahead of the holiday season.

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