Inside Retail

AUGUST 29, 2023

The plans were revealed along with the group’s annual result which saw a $33.5 This $33 million turnaround is not simply a result of customers returning to in-store shopping post the pandemic.” Mega stores are typically three times more profitable than standard-sized stores and those in shopping malls.

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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. Meanwhile, the company will deploy $3 million to support the rollout of new Toys ‘R’ Us stores located inside WH Smith high street shops in the UK.

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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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Planning Gifts Shopping Retail Sales 173

Inside Retail

OCTOBER 10, 2023

Book retailer QBD Books is taking over the former Dymocks store space at the Broadway Shopping Centre in Sydney’s CBD. ” Croydon said that QBD Books found book readers and vinyl record consumers share similar interests, a discovery which prompted a partnership with Sony Music. .”

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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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Planning Beauty and Health Target Market Location 246

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 last day of trading at Myer Blacktown will be Sunday April 3.

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Planning Department Stores Location Space 246

Inside Retail

MARCH 28, 2022

The new website will utilise MyDeal’s proprietary marketplace technology and existing 1 million active customer base to offer a one-stop shopping experience for activities and experiences for locals. The post MyDeal launches local experiences marketplace, plans for expansion appeared first on Inside Retail.

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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

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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Retail Focus

NOVEMBER 15, 2021

Bright Data , the global industry leader in making public web data accessible to all, has today released new research that reveals consumer sentiments around the 2021 holiday shopping season, including Black Friday and Cyber Monday. The research, carried out by Vanson Bourne , surveyed 4,000 consumers across the US and UK.

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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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Retail Focus

FEBRUARY 21, 2024

If you walk up and down the aisles of supermarkets, clothes shops or even furniture stores, you will notice that more brands are shouting about their commitment to protecting the environment, be it via packaging or marketing messages. Retailers must also consider their consumers, and modern consumers are prioritising sustainability.

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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

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.

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Retail Focus

OCTOBER 16, 2023

Sensormatic Solutions , the leading global retail solutions portfolio of Johnson Controls , today announced its predictions for the UK’s busiest shopping days of Peak Trading 2023. This compares to 38% of shoppers who planned to buy Christmas gifts online on Amazon Prime Big Deals Day last week (10 and 11 October).

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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

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

APRIL 10, 2024

Cost-of-living has gone from crunch to crisis and with this new economic reality has come new consumer behaviours. This shift in shopping behaviour is not particularly surprising for retailers but it does present a unique marketing challenge.

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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. Through Covid lockdowns, we saw a tripling in consumer searches for grocery,” Groeneveld told Inside Retail. Changing shopping habits.

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Planning Consumer Shopping Management 246

Inside Retail

MARCH 4, 2024

On Monday, the US-based resale platform StockX launched a shopping app for Apple Vision Pro , a spatial computer that blends digital content and apps with the real world and lets users navigate this blended reality using their eyes, hands, and voice. With an RRP of $3,499, that equates to an estimated $700 million in sales. In 2020, 83.1

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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. He opened one in Melbourne a month later, and another in Brisbane just two months after that, and by the end of the year, he had nine shops employing 50 people.

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Inside Retail

JUNE 2, 2021

We have over a billion active consumers on our platform and around 800 million of those are in China. Lloyd said with those figures, global businesses should look for ways to attract the Chinese consumer. Global Shopping Festival, while 300 million Taobao users tuned in. It’s like entertainment and shopping combined.

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Retail Bound

NOVEMBER 21, 2023

This unique combination of entertainment, convenience, and shopping is not only helping to redefine retail, but also to foster a sense of community that allows brands to connect with their audience on a unique global level. Looking Ahead Shopping on TikTok — or any social platform, in general — isn’t going away any time soon.

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Consumer Shopping Social Media Perspective 52

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

JANUARY 2, 2024

Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousands of branded shops in recent months and surpassed the number of coffee stores in the United States. million bags.

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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. In the fourth report of its kind, Pattern Australia polled 1000 online shoppers in March 2022 to learn about customer behaviour last year and how shopping habits are likely to change in the year ahead. .

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Consumer Pattern Planning Outdoor 130

Inside Retail

APRIL 17, 2023

Australian consumers are increasingly turning to marketplaces to search, discover and purchase new products, offering major opportunities for local brands. New research from Pattern’s Marketplace Consumer Trends Report – 2023 highlights that 92 per cent of consumers plan to shop on a marketplace this year.

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Inside Retail

MAY 2, 2021

Covid-19 hit the reset button on consumer behaviour. Retail brands quickly realised that it was no longer business as usual after the pandemic set in, and marketing plans, execution, creative, and channels had to be re-thought wholescale. This leaves the obvious question: how exactly has Covid-19 altered consumers?

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Inside Retail

APRIL 28, 2021

Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. Jana Bowden, an expert in consumer psychology and consumer engagement at Macquarie University Business School, told Inside Retail that Woolworths “dodged a bullet”.

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Planning Engagement Consumer Shopping 234

Inside Retail

JULY 27, 2021

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. UK-based Pepco Group, the owner of discount chains Poundland and Dealz, is planning a major European expansion which is expected to create about 13,000 new jobs, according to Reuters.

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Consumer Shopping Expansion Planning 246

Inside Retail

DECEMBER 7, 2022

The partnership intends to open 100 coffee shops across the country during the next five years. Due to rising consumer demand for premium coffee and coffee experiences, India appears to be a potential playground for international coffee businesses. Gloria Jeans, another Australian coffee business, will also return to India.

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Planning Expansion Location Consumer 130

Inside Retail

AUGUST 15, 2021

Data shows the rapid increase in online shopping that defined the first year of the global pandemic has started to fade, as the novelty of lockdowns wears off and government stimuluses run out, and online retailers that once enjoyed record highs are now working harder to drive sales. They’re a bit sick of lockdown.

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Planning Fashion Shopping Strategy 246

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

Inside Retail

AUGUST 23, 2023

Discount retailer The Reject Shop has returned to profitability in FY23 as cash-strapped customers shop for lower-priced goods. Due to higher cost-of-living strains, the company says customers gravitated towards low-priced consumables that represent value. There are plans to close up to 10 stores in the current year.

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Shopping Merchandising Strategy Location 130

Inside Retail

AUGUST 22, 2021

And it would come at a time when some long-running department stores are closing up shop. Products are easy to find (the search box), easy to buy (the shopping cart), and the online marketplace is also catering for all customer groups at once – each customer being served a unique experience based on their preferences and past behaviour.”. .

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Department Stores Planning Engagement Space 246

Inside Retail

APRIL 21, 2024

Fashion has embraced technology at every turn from social media to virtual change rooms, yet consumers’ wardrobes have remained analogue. A closet full of clothes and nothing to wear is an age-old problem that has only been exacerbated by the convenience of online shopping.

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Retail Focus

MAY 18, 2023

Shopping centres are so much more than a place to purchase a new outfit or a loved one’s birthday gift. Online shopping continues to grow even post-pandemic, meaning it’s never been more important that these complexes continue to differentiate themselves from online retailers, cementing their place in society.

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