Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions. It was valued at $3.8

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Inside Retail

SEPTEMBER 19, 2023

Leading market research firm Euromonitor International has just unveiled its 2023 rankings for the Top 10 fastest growing and biggest retailers in Asia Pacific, with Indonesia’s GoTo stealing the spotlight. Meanwhile, Chinese e-commerce behemoth Alibaba reigned supreme with a retail value close to half a trillion U.S.

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Inside Retail

MAY 9, 2023

According to Colliers’ research, Australian consumers have spent 27 per cent on dining and restaurant services in the year’s first quarter. The luxury retail market also expects spending to increase through 2027, up 5.4 million of the population. per cent annually, mainly by the same category.

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Retail Bound

MAY 9, 2023

Influencer marketing is a form of marketing where businesses partner with social media influencers to promote their products or services. Retail-specific influencers play a significant role in promoting products and driving sales for brands at specific retailers.

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . per cent of retail spending in the country during the last financial year, e-commerce’s share of wallet is significant. . Representing 19.3 Desktop and tablet.

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Inside Retail

DECEMBER 10, 2023

But we’ve learned in recent years from the growth of Black Friday sales, that in more and more categories, you don’t have to give up convenience to get the best price. Especially for consumer durables, the organised shopper can have their preferred (low) price and get it delivered to the door too. per cent compared to last year.

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Fashion Retail

MARCH 18, 2024

Continuing the series of conversations with RBC Capital Markets, a collaboration which began several years ago, this time revolves around discussions on the market situation in Spain, its characteristics regarding retail sales costs, as well as variations in consumer behavior in Europe and Spain, pre-owned market outlook, among other topics.

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Inside Retail

SEPTEMBER 14, 2023

The luxury retail landscape in India has long posed a formidable challenge for international brands. With a vast population still grappling with basic needs and a price-sensitive market, many global luxury players have incurred significant losses in the past. times by 2030, reaching a staggering US$300 billion.

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Inside Retail

MAY 2, 2022

Asia Pacific’s airport retail market is projected to grow to US$33.8 billion by 2026, driving the global market to $63.4 According to GlobalData, the growth will be driven by the increase in retail space and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations.

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Retail Bound

NOVEMBER 28, 2023

In this blog, we’ll explore how product videos can benefit retail sales and why they should be an integral part of any brand’s marketing strategy. This, in turn, can help to increase customer loyalty and drive repeat sales. Ready to take your retail sales to the next level?

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Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 According to Statista Market Insights, the DIY and Hardware market was worth US$14.21

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Retail Bound

JANUARY 6, 2021

With an innovative marketing strategy, a business can improve brand recall leading to more customer loyalty and increased sales. Influencing marketing is one of the innovative strategies that brands have been using to reach and engage their customers. The post Influencer Marketing – good or bad for your retail sales?

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Inside Retail

OCTOBER 11, 2021

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. Retail chain results for the latest financial year indicate spectacular growth in online sales and, in many instances, a dip in the average sales per store. billion in online sales.

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Inside Retail

APRIL 30, 2024

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4 This series recently won a prestigious Gold LIT Award,” he said.

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Inside Retail

NOVEMBER 11, 2021

We are witnessing rapid growth in direct-to-consumer (D2C) sales by brands. Prominent examples include PepsiCo, which has launched two direct-to-consumer websites selling pantry staples and snacks, and Heinz, which now sells bundles of products from its “Heinz to Home” websites in several countries including Australia.

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Retail Focus

APRIL 9, 2021

The struggles of the UK high street and the acceleration of retail sales from ‘bricks to clicks’ have never been more apparent than during the Covid-19 pandemic. With e-commerce sales reaching 21.8% Jon Walkington, Retail and System Integrator Sales Director, Schoeller Allibert UK.

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Inside Retail

OCTOBER 5, 2023

With the big two dominating the retail landscape with 65 per cent of the retail market, most consumers have limited choice when it comes to buying groceries. As consumers are feeling price-stressed and inflation hits our pockets, there are increasing questions as to whether they really have our best interests at heart.

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RetailMinded

JUNE 16, 2021

A retail business has a fair share of rewards and challenges. Consumer needs are rapidly changing, especially in this pandemic crisis. You should always prepare for the worst because you won’t likely hit sales in all seasons without a solid sales and marketing plan and continuous sales monitoring.

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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 She said that consumers are already making cuts. Rising interest rates hits consumer and business confidence.

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Inside Retail

JANUARY 4, 2024

Often, retail company executives will express confidence in a particular market that is not borne out by subsequent events. For the CEOs of global retailers, probably no other country causes more sleepless nights, and for more obvious reasons, than China. To back it up, retail sales in China rose sharply in November, by 10.1

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Inside Retail

DECEMBER 13, 2023

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3

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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. The end of the year could still deliver for retailers. This isn’t just an Australian trend, either.

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Inside Retail

AUGUST 18, 2022

MacGillivray said Homeworld Helensvale is in a “prime position” to take advantage of household spending and consumer demand post lockdowns. Continued work from home and a reduced supply in the residential market has also boosted key large format retail categories, with many outperforming broader retail sales growth,” he said.

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Inside Retail

MARCH 14, 2024

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. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.

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Inside Retail

FEBRUARY 18, 2024

How the ENT works The ENT is, in its simplest terms, a trade barrier, in which the relevant provincial People’s Committee in Vietnam assesses the economic impact of a new retail store greater than 500sqm in size on its local market. And that’s not all: they will also in many cases have pricing and sourcing advantages. per cent in 2023.

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Inside Retail

JULY 2, 2023

Online pet supplies company Pet Circle has secured $75 million in funding from its existing top-tier investor, Prysm Capital, coming after strong retail sales of $308.8 million last year.

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Inside Retail

OCTOBER 31, 2023

However, recent research from Mintel suggests that in the US, there is a subtle and evolving perception of value among beauty consumers. This shift in consumer preferences is not only affecting the industry’s dynamic but also has implications for mental health and gender inclusivity.

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Inside Retail

MARCH 13, 2023

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. CBRE said events and the return of international students and tourists as well as a return of office workers would be positive drivers for CBD retail sales in the year ahead. per cent to 13.9

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Inside Retail

JUNE 22, 2023

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

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Inside Retail

OCTOBER 2, 2023

billion – with a large question mark over how viable such an expansion would be due to the fact that it is ‘unproven’ in other markets. Australian retail sales have fallen in recent months, and Premier hasn’t been exempt from that. “As As far as the impact of the cost of living on our consumers, it’s valid,” Bryce said.

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Inside Retail

OCTOBER 19, 2023

That timeframe coincided with Corbett’s tenure as CEO and they were a successful team, leveraging the Dan Murphy’s liquor chain acquired by Woolworths in 1998 to national market leader. However, he may not know it as well as they believe, given significant changes in the market. Sales have increased by around $1.5

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Inside Retail

MAY 8, 2022

Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). What is Marketing Mix Modelling anyway?

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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? per cent higher than last year, with ultra-luxury brands expected to be most disappointed in sales this year. Here is what’s happening.

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Inside Retail

NOVEMBER 1, 2023

Global retailers, as opposed to those operating in a limited geographic space, are in the enviable position of being able to offset weakness in one area with strength in another. Now, those retailers are having to modify their expectations. Sales up and inflation non-existent On the surface at least, things are by no means dire.

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Inside Retail

NOVEMBER 8, 2021

For this to work successfully, publishers, advertisers and brands will need to collaborate to ensure that future relationships with consumers are built on the trusted exchange of information. Now is the perfect time to test your new strategies and measure them against your actual sales, using a reliable and proven method.

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Inside Retail

FEBRUARY 20, 2023

For consumers, there is a very strong desire to get out and enjoy life. per cent in September 2022 only slightly above 2019 levels and well down from the 2020 high of about 24 per cent, suggesting that the amount of dry powder in consumers wallets is declining. The impact of higher interest rates on the housing market is apparent.

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CRP

SEPTEMBER 15, 2022

How Redesigning Packaging Can Help Retailers Prepare for Inflation & Labor Market Changes We’ve all felt it. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) is up by an average of 8.5% Simply put, consumers are spending more but getting less. Coordinate with your marketing team.

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