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How nostalgia and NFTs created a multibillion-dollar collectables market

Inside Retail

They all contribute to the multibillion-dollar market for physical and digital collectables. A report by market research and consultancy firm Market Decipher states that the global collectables market was valued at US$426 billion in 2022 and is predicted to reach US$1 trillion by 2032. million in 2020 to US$17.7

Marketing 262
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How retail left the Baby Boomer generation and its “silver economy” on the table

Inside Retail

Whether marketers are subconsciously ageist or they’ve gotten distracted riding the Millennial branding and Gen Z social media wave all the way to the bank is still up for debate. Retailers have failed to understand and represent a large consumer demographic that could be lucrative to their business.

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Expansion costs eat into Toys ‘R’ Us profit

Inside Retail

The company – which operates the Toys ‘R’ Us store networks across Australia and New Zealand, selling toys, baby and hobby products – also has an online presence in the UK. However, sales to consumers increased 5.7 For the six months to January 31, wholesale revenue fell 27.8 per cent to $5.2 per cent to $22.3

Expansion 130
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Gamified and global: How Wish aims to compete with Amazon

Inside Retail

The app had developed a reputation for selling counterfeit products and exceedingly slow delivery times, which was hurting its ability to compete in a maturing e-commerce market. The campaign to sign up new sellers outside of China is a direct effort to change consumers’ perceptions of Wish. Focus on discovery.

Hobbies 246
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“Reignited appetite”: Why retailers are seeking greener pastures overseas

Inside Retail

During the years affected by Covid-19 pandemic restrictions, when freedom of movement was restricted, Australian retailers redoubled their efforts to consolidate their position in the local market. But, with consumers facing rising inflation and cost of living pressures across the world, the stakes for international expansion are high.

Expansion 246
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Online sales drive profits for Toy ‘R’ Us

Inside Retail

We have tightened our focus on providing the leading toys, hobbies and baby products as we seek to enrich the lives of children and parents through our e-commerce direct-to-consumer retail operations.”. The new e-store is expected to help scale its operational capabilities, delivering to one of the largest toy markets in Europe.

Hobbies 130
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Lacoste Japan advances towards a zero-party data strategy

Inside Retail

Lacoste Japan, operator of the French premium casual brand, has collected zero-party data based on the consent of the consumer in preparation for the upcoming restrictions on the use of cookie data. Consumers were asked to choose their favourite long sleeve polo colours and vote against other colours. Campaign objectives.

Strategy 230