Retail Focus

NOVEMBER 28, 2022

Having found out that “traditional” management tools have become less relevant, brands were forced to rethink their processes to survive, stay relevant and true to their audiences. . If experience has become an integral part of brand strategy, it is because brands are more customer-focused than ever.

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Inside Retail

JULY 6, 2023

As a result, many consumers are expected to postpone discretionary purchases until peak season, where they are more likely to find sales and discounts. Meanwhile, consumers hard hit by economic challenges might hold off on discretionary purchases all together due to financial constraints.

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Inside Retail

NOVEMBER 16, 2023

As the annual Black Friday Cyber Monday (BFCM) shopping season nears, it’s not too late to review strategies to optimise sales during this key annual retail festival. If you are using dynamic codes, be sure to upload enough codes for the number of people you plan to send them to.

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Inside Retail

NOVEMBER 8, 2022

Designworks’ divisional general manager Brooke Norton told Inside Retail that the brand sells about 15 million units each year and is heading towards $200 million in wholesale sales. According to Norton, Designwoks plans to expand in four key areas. Focusing on the consumer.

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Inside Retail

APRIL 10, 2024

Cost-of-living has gone from crunch to crisis and with this new economic reality has come new consumer behaviours. By identifying new trends in how consumers are making purchase decisions around promotional discounts and impulse purchases, retailers can meet the consumer where their budget is and potentially bend it.

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Inside Retail

JUNE 12, 2023

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

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Inside Retail

DECEMBER 5, 2023

The most successful retailers know that with smart planning, the real rewards can run on long past the end of November. A 2023 BFCM Aftermath Report by Klaviyo – an intelligent marketing automation platform – found that 25 per cent of all consumers and 32 per cent of Gen Z consumers are still holiday shopping post-BFCM.

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Inside Retail

OCTOBER 10, 2023

Here, he shares the new tech that has caught his eye, and how changing consumer behaviour is affecting the business. The average store manager or team member walks on average 25,000 steps a day – how hard-working is that? What are the major consumer trends that are on your radar, and how is Woolworths preparing for those?

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Inside Retail

AUGUST 23, 2021

And it doesn’t plan to stop there. last minute shopping needs, and complement our existing e-commerce offer,” Woolworths Metro general manager Justin Nolan said in a statement. Uber Eats regional general manager retail for ANZ, Lucas Groeneveld, said that the company has seen significant demand for grocery items on the platform.

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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. I’ll then suggest some effective strategies that independent retailers can use to stay ahead of the competition. So let’s get to it!

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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. I’ll then suggest some effective strategies that independent retailers can use to stay ahead of the competition. So let’s get to it!

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Strategy Consumer Social Media Customer Engagement 52

Inside Retail

APRIL 10, 2024

Four major investment funds (Cooper Investors, Hyperion Asset Management, Firetrail Investments and QVG Capital) have joined the GYG shareholder register. Investment will boost growth strategy The proceeds of the raise will support GYG’s three-year growth strategy.

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Inside Retail

FEBRUARY 8, 2024

It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. While some industry experts are saying that Myer’s optimistic take on its 0.1

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Inside Retail

AUGUST 15, 2021

This can be seen in the “pullback” in traffic to online shopping sites like Surfstitch, which is part of Alquemie Group, ACTA Capital’s investment platform for retail and consumer brands. That’s where the whole marketplace strategy comes into play.”. According to Facioni, Surfstitch’s reach is in the hundreds of thousands.

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Inside Retail

NOVEMBER 27, 2022

What we didn’t plan for was all the other ‘cost of living’ increases that are now affecting consumers. The latest Consumer Price Index figures from the Australian Bureau of Statistics show prices up 6.1 a-day increase per child is relatively manageable. By itself, the $7.50-a-day Value vs price.

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Inside Retail

JULY 6, 2022

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend. The systems are now being employed to manage volatility in demand and material shortages throughout the global supply chain.”.

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Compliantia

MARCH 31, 2023

It wasn’t too long ago that retailers and consumers were facing a plague of out-of-stock merchandise and empty shelves — on account of supply-chain disruptions in global retail. This is where a merchandising plan can help. This article will guide you through the process of crafting an effective merchandising plan for your retail store.

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Inside Retail

JUNE 1, 2022

E-commerce businesses are fighting for consumers’ attention at an extraordinary rate. In an industry that’s already heavily saturated, hundreds of emerging digital channels have made it increasingly difficult to stand out, writes Simon Kelly, solutions manager, Apac at ChannelAdvisor. Sell where consumers shop.

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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. I started as general manager of Advance Traders in October 2008,” Garnsworthy added. The company expects to post a profit in the 2024 financial year. The company achieved an 82.6,

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Compliantia

JULY 4, 2023

Understanding how to manage seasonal sales and promotions is key to running a successful store. This job of managing promotions becomes more complex when you start adding multiple locations into the mix. What are the challenges of managing promotions across multiple locations?

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Inside Retail

APRIL 24, 2024

Legacy denim brand, Levi Strauss & Co has rolled out a direct-to-consumer first strategy across its East Pacific Asia market. Inside Retail sat down with Nuholt Huisamen, managing director of Levi Strauss & Co for East Asia Pacific, to unpack what the future of the DTC-first strategy means for the Asia market.

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Inside Retail

MAY 9, 2022

There are two ways retail business owners can approach product pricing strategy. Consumer expectations may differ from economic reality. What the competition is doing will also be a factor in determining pricing strategy but it’s not everything – business owners need to focus on their operation. Are my costs bringing benefits?

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Inside Retail

JUNE 25, 2023

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Furthermore, Apple is reportedly planning to open three additional stores in the coming years to strengthen its offline presence in India. billion people.

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RetailMinded

APRIL 26, 2024

One of the most significant issues of all is figuring out how you’re going to manage the complexities of shipping, both domestically and internationally. More than ever, consumers are searching for ecommerce companies that make delivery fast, affordable, and convenient. That said, ecommerce growth does come with challenges to overcome.

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Inside Retail

JUNE 20, 2021

US fashion brand Ralph Lauren is expanding its bricks-and-mortar presence in Australia as part of its Next Great Chapter strategy to deliver sustainable long-term growth and value creation. Because of this, Walker believes the company has failed to adapt its offering to the next generation of consumers. Leading with digital.

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Inside Retail

MAY 15, 2022

billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. The total investment outlay planned by the company to acquire brands isn’t clear, but the second source said Reliance had set a goal to achieve 500 billion rupees ($6.5 billion people. .

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Inside Retail

SEPTEMBER 19, 2022

In just 10 years, Vietnamese fashion retail operator Maison Retail Management International (MRMI) has built a network of more than 120 retail stores across 18 high-profile international fashion brands. That said, we focus on brands that have the potential to scale and meet consumer needs.”. The price of products matters greatly.

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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. Sometimes, sales and margin underperformance happen quickly; on other occasions, it takes a while for management to realise they are trending downward.

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Inside Retail

JUNE 29, 2022

Understanding the Chinese consumer. Despite the multiple challenges over the last two and a half years, Carmen Chiu, regional managing director, Asia Pacific at Fortnum & Mason, is confident that the brand has built a solid foundation and engagement strategy with the domestic customer through its retail and hospitality businesses.

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Inside Retail

DECEMBER 3, 2023

Euromonitor International, a global market research company, recently unveiled its report on the top global consumer trends, which delves deep into the dynamics shaping consumers’ values and shopping motivations, shedding light on the profound influence of artificial intelligence (AI), sustainability initiatives, and socio-economic factors.

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Consumer Marketing Balance Planning 130

Parcel Pending

FEBRUARY 15, 2024

The key to meeting these demands and bridging gaps in service offerings is efficient delivery management. This blog post discusses how effective delivery management benefits industrial distributors, as well as service delivery operation strategies and methods distributors can use to improve their delivery management systems.

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Inside Retail

FEBRUARY 25, 2024

AI has huge potential in the consumer and retail sector, with its ability to drive better business outcomes, including in customer experience, commercial effectiveness, operational efficiency, and cost optimisation. To give you a glimpse of what you can expect from this year’s report, we are sharing selected articles over the coming weeks.

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Inside Retail

MARCH 22, 2024

Guess Inc has posted a 9 per cent increase in net revenues for the fourth quarter of FY24, which management said exceeded its expectations. Our results this past year are a strong testament that our brand elevation strategy and the transformation of our business are taking hold and creating strong value.” million compared to $817.8

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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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RetailMinded

OCTOBER 2, 2023

Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. Tackling retail supply chain challenges is a blend of smart strategies and the right technologies. These initiatives align with their brand values and resonate with environmentally conscious consumers.

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Inside Retail

APRIL 28, 2022

What they discovered was “an incredible library” of exclusive prints and designs just waiting to be reinterpreted for a modern consumer. Earlier this month, it announced a new, multi-year partnership with licensing management experts IMG to relaunch Laura Ashley as a standalone fashion brand. We know consumers want it.

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Inside Retail

MAY 1, 2024

After two years of declining revenue and profit, the American footwear retailer Foot Locker appears to be progressing on its turnaround plan, dubbed Lace Up, with its launch last week of the first “store of the future” at Willowbrook Mall in Wayne, New Jersey. billion in annual revenue by 2028. What inspired Foot Locker’s revamp?

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