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How consumers’ forensic focus on prices is driving cross-shopping

Inside Retail

Australia’s leading supermarkets, Coles and Woolworths, delivered their third-quarter results to shareholders this week along with new consumer insights. Both retailers reported that the current economic environment has challenged consumers’ discretionary spending and that households have evolved their buying habits to seek out value.

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UK consumers believe AI-powered pricing and promotions add the most value to their buying journeys, research by Intellias reveals

Retail Focus

Top 5 areas where AI delivers the most value to UK consumers:- 1 – Pricing and promotions – 28% 2 – Loyalty – real-time personalised rewards – 18% 3 – Product discovery when searching online – 17% – Product information (i.e.

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Akeneo’s Consumer Research Reveals Changing Shopping Habits of Price-Conscious Consumers

Retail Focus

Akeneo , the Product Experience company, today released its 2023 B2C Survey: Product Experience Satisfaction Around the World , an annual mission to understand how consumers make decisions when buying products, how product experiences impact those decisions and what product information is important to them.

Consumer 130
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The store is now the most impulsive shopping channel for 54% of UK consumers, ADvendio’s research shows

Retail Focus

The store is now the channel where consumers are most likely to make impulse purchases, according to the latest research from ADvendio , the leading omnichannel advertising solution provider. The digital displays feature animated content to support in-store campaigns and new product launches and complement traditional POS promotional assets.

Consumer 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
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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.

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Endeavour agrees to divest Adelaide bottle shop to appease ACCC

Inside Retail

Drinks and hospitality business Endeavour Group has agreed to divest the BWS Seaford bottle shop in Adelaide to appease the ACCC (Australian Competition and Consumer Commission). The Beach Hotel in Seaford includes a hotel and independent bottle shop operating under the Cellarbrations brand.

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