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How to understand contradictory consumer behaviour: study

Inside Retail

Understanding consumer behaviour is critical to creating a relevant retail offer and marketing message, but what happens when consumers behave in contradictory ways? Many retailers will recognise the reality that despite consumers saying they care about sustainability , their spending tells a different story.

Consumer 263
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The brands that have consumers buying jewellery brands

Inside Retail

Consumers are looking to build a personalised multi-brand jewellery collection that represents their personality, style and in some cases, values. Brands and retailers alike are noticing a wave of new consumers looking to find and express their taste through both fine and costume jewellery.

Consumer 245
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Consumer groups welcome BNPL draft regulations

Inside Retail

Consumer groups have welcomed the Federal Government’s initiative to open a consultation on the draft legislation to regulate the Buy Now, Pay Later (BNPL) sector in the same way as other credit providers. The post Consumer groups welcome BNPL draft regulations appeared first on Inside Retail Australia.

Consumer 262
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Can Wesfarmers’ OnePass succeed where other membership programs failed?

Inside Retail

Earlier this year, Western Australia-based Wesfarmers announced the relaunch of its OnePass paid membership program, which offers free home delivery and other benefits across almost all of its retail businesses. The other advantage Wesfarmers has is that it is basing its offer on some of the best in the world, according to Cherrier.

Other 246
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Why Best Buy, Walmart, other major US retailers are touting health services

Inside Retail

The growing interest in health care among some of the country’s largest retailers comes as American consumers pull back on discretionary purchases in the face of persistent inflation. The post Why Best Buy, Walmart, other major US retailers are touting health services appeared first on Inside Retail.

Other 246
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Will Harry’s reported IPO be different from other popular retail brands?

Inside Retail

According to a report by Reuters on March 7, US-based consumer packaged goods (CPG) company Harry’s Inc has confidentially filed for an initial public offering (IPO) with the help of major investment banks, including Goldman Sachs, JPMorgan, Barclays, and Wells Fargo. appeared first on Inside Retail Australia.

Other 130
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Consumers warned of overpricing as synthetic diamonds price plummets

Inside Retail

Consumers may be paying more for synthetic or lab-made diamonds that are less valuable than they seem, according to the latest research from Rapaport. As synthetic diamond prices continue to fluctuate, some retailers are pricing them at a premium while others sell them at a much lower price.

Consumer 258