Inside Retail

JULY 27, 2023

Subscription-based meal kit provider Marley Spoon plans to revise its full-year revenue guidance after sales plummeted on soft consumer demand. The post Marley Spoon reports soft consumer demand, revises guidance appeared first on Inside Retail. For the quarter to June 30, net revenue fell 21 per cent to €86 million (A$141.31

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Inside Retail

SEPTEMBER 13, 2023

Aussie discount retailer Silly Solly is on a growth trajectory, with plans to expand as a franchise, after shifting from a licensing model. The post Silly Solly’s plans 10 more stores as it moves to franchise model appeared first on Inside Retail Australia. We have built a trusted reputation amongst our customers, Stanton said. “It

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Inside Retail

MARCH 19, 2024

The ease of returns has become a basic expectation among consumers shopping online. Consumers expect a seamless, self-serve experience that offers transparency through the journey, for example, such as track and trace can offer.” The post Planning to sell online in the US?

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Inside Retail

JUNE 19, 2023

Children’s goods retailer Toys ‘R’ Us says it plans to open a 3000sqm experiential retail hub in Victoria if the company’s capital raising plan is successful. To date, the company has improved its gross margin in the Australian direct-to-consumer e-commerce division from 16.4 per cent in February to 22.3

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Inside Retail

JULY 13, 2023

What we’ve seen since this handover is a period of exponential growth across our direct-to-consumer (DTC) channels, as well as with our wholesale distribution. It’s an opportunity to echo our brand voice, really connect with Reebok consumers, and highlight the best of our product range across all our categories.

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Inside Retail

AUGUST 29, 2023

The plans were revealed along with the group’s annual result which saw a $33.5 The new ones in planning will be located largely in regional areas. While bullish about the prospects offered by the new strategy, Evans expressed caution over the year ahead given “volatile” consumer sentiment and confidence.

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Inside Retail

MAY 25, 2023

He added a growing number of people are using the schemes to buy essential items like food despite Consumer NZ warning the schemes are ‘addictive’. “We The post Hell Pizza launches ‘pay after you die’ plan appeared first on Inside Retail.

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Inside Retail

JANUARY 4, 2024

Today’s consumers are craving a truly unique shopping experience. We are only at the beginning, and as brands begin to scale their AI utilisation, its full spectrum of benefits for consumers and retailers alike will be uncovered. The post Generative AI is supercharging retail, what does this mean for consumers?

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Inside Retail

SEPTEMBER 3, 2023

The plan from the beginning was to make something that would synergise with the Aje Collective’s other businesses, and which complemented the health-focused lifestyle Norris saw in Aje’s target market. Expertise-led Being a relatively new brand, Ikkari is still on the growth path, and the store has already helped bring in new consumers.

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Inside Retail

MAY 9, 2023

Children’s goods retailer Toys ‘R’ Us says its strategic turnaround plan announced in March is on track and it has already achieved cost savings of $4 million this year. To date, the company has improved its gross margin in the Australian direct-to-consumer e-commerce division from 16.4 per cent in February to 22.3 per cent in April.

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Inside Retail

NOVEMBER 23, 2023

For the past few years, consumers have been more than willing to dip into their bursting savings accounts – thanks in large part to the pandemic – to spend on Black Friday. Because of the psychology of sales and the immediacy of it, there’s that fear of missing out, and many consumers are exposing themselves to making impulse purchases.”

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Inside Retail

MARCH 14, 2024

Sustainable, direct-to-consumer fashion brand Allbirds promised to revolutionise the retail industry with stylish, comfortable, and environmentally-conscious footwear designs. This week, the company has announced that it will be making several major structural and operational shifts. million in 2022, or 56 per cent of total revenue.

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Inside Retail

MARCH 31, 2023

Online bidding platform Ineda, has released an updated version of its marketplace, offering consumers somewhere to offer manufacturers and retailers a bid on electronics and appliances. Consumers can literally negotiate the best bargain on purchases. Together, we can weather these tough times and emerge stronger than ever. .”

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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

FEBRUARY 21, 2023

Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. According to Kofod, the brand’s e-commerce and bricks-and-mortar stores work in tandem to offer a strong direct-to-consumer presence.

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Inside Retail

MARCH 23, 2023

We plan on using local ingredients sourced in Australia wherever possible. Wendy’s plans to enter the Australian market on the east coast, and the company is exploring major cities like Sydney, Melbourne and Brisbane. We also plan to align resources to further support development acceleration across the US and international segments.

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Inside Retail

MARCH 5, 2024

Ikea have established themselves as an affordable and accessible homewares brand for Australian consumers but they are showing no signs of slowing down. IR : What are your expectations for consumer sentiment and spending in the year ahead? This Plan and Order Point will also have a Pick Up Point for customers onsite.

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Inside Retail

DECEMBER 5, 2023

The 99sqm store in Parnell’s Residium aims to assist consumers in buying floor coverings which match the size of their furniture. The company plans to expand the prototype brand experience and retail concept store throughout New Zealand and potentially into Australia. Smith added that the company sold over $1.1

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Inside Retail

JULY 4, 2023

To curb spending amidst a cost-of-living crisis, about 91 per cent of Australian consumers in a new study say they are making changes to their buying behaviour. Research by CouriersPlease found that about 55 per cent of respondents revealed they will research and compare prices before purchasing for the remainder of the year.

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Inside Retail

MARCH 28, 2022

The company also plans to expand operations to New Zealand in the first half of the calendar year, and then move to offshore markets like the UK and US. The post MyDeal launches local experiences marketplace, plans for expansion appeared first on Inside Retail.

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Retail Focus

NOVEMBER 29, 2023

Aptos , a leader in unified commerce solutions, today announced the findings of its 2023 Golden Quarter Consumer Survey. The report found that the majority of Gen Z shoppers plan to spend more or the same on Christmas gifts compared to last year and that visiting stores during the festive period is a top priority.

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Inside Retail

FEBRUARY 24, 2022

As the troubled department store retailer tries to reight-size its portfolio in the wake of consumers moving online to shop, Myer said the Blacktown store closure was the fifth under its Customer First Plan launched in January 2019. The post Myer to close Blacktown store as downsizing plan continues appeared first on Inside Retail.

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Inside Retail

AUGUST 20, 2022

The plan coincides with the appointment of two key executives in the US: Eric Bauer as global CEO and Skye Westcott as president of North America who will lead what Coco Republic, the Australian-founded furniture and homewares chain, describes as an “accelerated global expansion, initially focused on the California market”.

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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. IR : We’ve seen consumer behaviour change a lot recently, between the pandemic and the current cost-of-living crisis. BB: It’s hard to be predictive about what consumers are going to do.

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Inside Retail

MARCH 22, 2023

The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut waste and make goods last longer. In many cases, consumers simply replaced still-functioning goods because they wanted a newer version.

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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. This year, the group has closed three stores in New Zealand and in the highly competitive UK market, two closures are planned. The company achieved an 82.6,

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Inside Retail

OCTOBER 2, 2023

Times might be tough for many Australians right now, but when it comes to gift-giving consumers will still be spending this year – however, they will be very focused on value. Unsurprisingly, the survey found that a majority of consumers are adjusting their behaviour. Just over half will choose lower-quality items to save money.

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Inside Retail

AUGUST 15, 2023

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. Beautiful spaces through AI As part of its plan to gain market share and reach $1 billion in sales, Temple & Webster has invested in its private labels.

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Inside Retail

JANUARY 6, 2022

Now, using its fresh capital, it plans to expand into a broader online food retail offer, ramping up its marketing activity and further developing its technology platform to expand its geographical footprint. The post My Foodie Box raises $6 million in IPO, plans expansion appeared first on Inside Retail.

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Inside Retail

DECEMBER 7, 2021

The recent acquisition also means the end of Mad Mex’s ambitious expansion plan in Asia , which was announced two years ago before the pandemic forced it to change the strategy. . “I The post Mad Mex returns to Australian ownership, ends Asia expansion plans appeared first on Inside Retail.

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Inside Retail

AUGUST 23, 2021

And it doesn’t plan to stop there. Through Covid lockdowns, we saw a tripling in consumer searches for grocery,” Groeneveld told Inside Retail. These new verticals include everything from pet supplies to beauty and hardware – “wherever a consumer wants the convenience of on demand”. Changing shopping habits.

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Inside Retail

JANUARY 30, 2023

It has never been more difficult – nor more important – to stay one step ahead of evolving consumer habits. There’s little doubt that marketers have another challenging year ahead as they try to grow revenue and build lasting relationships with their customers set against constricted consumer spending.

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Inside Retail

FEBRUARY 4, 2024

Netflix, one of the most popular consumer video apps, said late Friday it is not making a new app for the Vision Pro, though consumers can watch movies and series on the device’s web browser. It’s important to recognise this is not a consumer accessory device, like Apple Watch.

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Inside Retail

APRIL 8, 2021

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific?

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Inside Retail

NOVEMBER 10, 2021

million from public and private investors through Equitise, and plans to grow its Sydney and Newcastle-focused service nationwide. This funding is the first step towards helping more people live that reality, and build a company that is leading consumer driven change across our food ecosystem. The post Your Food Collective gains $1.4m

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Inside Retail

APRIL 6, 2022

If the past two years have taught us anything, it’s that being available to consumers across different channels is key to your success. Eighty-five per cent of those polled plan to maintain or increase their online spending levels this year, with 19 per cent expecting to spend ‘a lot more’.

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