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Australian Retail Outlook 2023: Paradigm shifts and fresh perspectives

Inside Retail

In the face of drastic increases in the cost of essentials, most consumers made rapid and wide-ranging spending cuts. With interest rates still high, even the normalisation of costs for many food items has not reassured consumers, and many intend to continue a cautious spending approach in 2023.

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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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Australia named global leader in omnichannel consumer experience

Inside Retail

In this year’s global edition of the Omnichannel Leadership Report from NewStore – a retail survey that audits around 275 brands across several key international markets – Australia has emerged as a frontrunner in providing consumers with outstanding omnichannel experiences.

Consumer 227
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Analysis: The rise of the purposeful consumer

Inside Retail

Covid-19 hit the reset button on consumer behaviour. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. The answer is deceptively simple.

Consumer 200
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Sustainability at Retail

It covers the importance of sustainability from three perspectives: brands/retailers, designers, and suppliers. But first, a little about the consumer. The paper provides a roadmap for making changes and adopting processes that will help address important eco challenges worldwide. Download today!

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How Singapore startup Our Barehands connects consumers with global artisans

Inside Retail

This allows not just a niche group of consumers but a wider group to access thoughtful, artisan-made products that contribute to a larger mission of growing small-producing communities, including our partnering team of Afghan refugee tailors based in Malaysia,” she said. At the heart of it, the brand is all about collaboration.

Consumer 130
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Why the cost-of-trading and cost-of-living crises are two sides of the same coin

Inside Retail

And it is becoming increasingly apparent that the government, retail industry and consumers will all need to play a part in easing the current economic circumstances. The nationwide drop in consumer spending due to the rising cost of essential goods and services has created a prevailing narrative of greedy price-gouging retailers.

Consumer 278
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Retail Reimagined: What It Means To Be An Innovative Retailer

Speaker: DeAnna McIntosh, Retail Growth Strategist

In 2023, we are navigating inflation and its impact on consumer spending, various lasting side effects from the pandemic, and a looming recession in the back half of the year. Companies of all sizes were forced to welcome change with open arms and surrender to total flexibility in order to be agile in the ever-evolving economic environment.