Remove 2023 10
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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 With the Chinese New Year shifting to February 10 this year versus January 22 in 2023, it is useful to compare the aggregate January-February sales for the two years, numbers which were dutifully produced earlier by the NSO. per cent and services up 10.0 GDP rose by 5.3

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Attracting, winning, and retaining a new breed of value-driven consumer

Inside Retail

As consumers manage cost of living pressures, it’s led to a pullback in spending across the retail landscape, particularly in non-discretionary categories. CommBank’s latest Consumer Insights Report shows that around one in four Australians have not enough, or just enough, to meet household expenses.

Consumer 130
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The e-commerce trends set to accelerate this year

Inside Retail

Consumers will be even more selective, payment flexibility and innovation will be vital, and new tools to boost online security will gain momentum. Looking more closely, the drivers of digital activity reflect the circumstances and preferences of Australian consumers. Last year was another turning point for digital commerce.

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Why faux websites are costing Aussie e-commerce businesses more than money

Inside Retail

The rise of online shopping scams presents significant reputational risks for e-commerce businesses of all sizes if they don’t take proactive measures to help protect consumers. As more consumers fall victim to scams, the level of trust in genuine retailers, brands and marketplaces could be eroded.

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The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Earlier this week, Etri told A Current Affair, “If you start shopping local at places like this that are offering prices that benefit the consumer, then you are going to see more businesses open that are doing the same thing. Brands that supply and are stocked in supermarkets are next to be analysed by the Senate.

Strategy 263
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Behind Abercrombie & Fitch Co’s record results lies a decade-long reinvention

Inside Retail

The results are impressive considering less than 10 years ago, in 2016, the company’s namesake brand, Abercrombie & Fitch, was ranked as one of the most hated retailers in the US by the American Customer Satisfaction Index. This helps sales, but it also ensures that discounting and promotions are reduced,” he said.

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JD.com’s discounts and Apple’s price cut Lunar New Year retail strategies

Inside Retail

It has launched its Chinese New Year promotion and a “10-billion-yuan Discount’ day, that runs until the 17th of February. JD.com’s mega offline shopping destinations, Jd Mall and JD E-Space, are also set to revolutionise the shopping experience for consumers in eleven cities across China during the festive season.

Strategy 130