article thumbnail

Coles taken to task over ‘discount’ promotions consumers don’t understand

Inside Retail

Coles has the most confusing promotional labels, consumer advocacy group Choice said as it calls for supermarkets to make their tags clear and easy to understand for shoppers. “The current promotion was for a discount that was applied about five years earlier,” the consumer advocacy group said.

Promotion 281
article thumbnail

UK consumers believe AI-powered pricing and promotions add the most value to their buying journeys, research by Intellias reveals

Retail Focus

Top 5 areas where AI delivers the most value to UK consumers:- 1 – Pricing and promotions – 28% 2 – Loyalty – real-time personalised rewards – 18% 3 – Product discovery when searching online – 17% – Product information (i.e.

Promotion 162
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

KETTLE® Chips gives consumers a taste of adventure with exclusive Virgin Experiences on-pack promotion

Retail Times

KETTLE® Chips, renowned for its commitment to delivering unique and adventurous flavours, is thrilled to announce an exhilarating partnership with Virgin Experiences for an exclusive on-pack promotion launching this week. Retail Times - Retail Times, the free retail news website

article thumbnail

Grill’d CEO Simon Crowe on how drive-thru will inform its future growth

Inside Retail

Unlike fashion, he believes Grill’d is immune to the consumer spending downturn. He added that the brand will gain market and operational insights from the first drive-thru location, which will inform future growth plans. “We Existing restaurant growth will come as we focus on two ends of the experience spectrum.

Strategy 246
article thumbnail

From price to product information elasticity of demand – navigating the demands of the new K-Shaped consumer

Retail Focus

While pricing sensitivity is rising amongst shoppers as the cost-of-living and inflationary pressures hit household budgets, UK shoppers would pay more for products carrying better quality product data, the latest data from Ak eneo , the global leader in product experience management (PXM) and product information management (PIM), reveals.

Consumer 130
article thumbnail

The Psychology Behind Consumer Behaviour – How Students Act?

Retail Focus

Understanding the psychology behind consumer behaviour is crucial for businesses and marketers aiming to tailor their strategies effectively. For students, grappling with academic demands often leads to unique consumer patterns, especially when seeking services that align with their educational needs. Social Influence.

Consumer 130
article thumbnail

What China’s latest retail sales reveal about changing consumer spending

Inside Retail

per cent in the first quarter, with consumer goods up 3.1 Since retail trade is a key input into broader consumer spending, which in turn is a massive component of GDP (as much as 45 per cent by some estimates), it stands to reason that the retail series might be a bit wonky too. Officially then, China’s retail sales rose by 4.7