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How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

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.

Planning 130
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Mosaic plans 40 new mega stores after network cull spurs profit turnaround

Inside Retail

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.

Planning 241
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Generative AI is supercharging retail, what does this mean for consumers?

Inside Retail

As the driving force behind a new era of hyper-personalisation, efficiency and sustainable retail experiences, its impact on the way we shop cannot be understated. So as more and more retailers integrate the benefits of AI into their growth strategy, what will be next for this transformative technology?

Consumer 266
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Planning to sell online in the US? Here are some tactics to ensure success

Inside Retail

Making the whole international shopping experience seamless is a journey that takes time, so don’t expect everything to be perfect right away,” she continues. Even better, she says, look at ways to integrate another shopping experience if customers want to exchange goods, by offering incentives for additional orders.

Planning 290
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JD.com’s discounts and Apple’s price cut Lunar New Year retail strategies

Inside Retail

JD.com’s mega offline shopping destinations, Jd Mall and JD E-Space, are also set to revolutionise the shopping experience for consumers in eleven cities across China during the festive season. Xiaofeng Wang, principal analyst at Forrester, believes consumers are going to be a bit more cautious during this year’s festivities.

Strategy 130
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Navigating the unique challenges of holiday shopping in 2023

Inside Retail

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.

Shopping 130
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Two reports reveal ways to drive discretionary spend in a cost-of-living crisis

Inside Retail

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.

Consumer 246