Inside Retail

JULY 29, 2023

Cola Yao earns 40 per cent less than last year promoting credit cards for a Chinese state-owned bank, so she buys fewer clothes, less make-up and has cancelled her child’s summer swimming classes. “The cut is severely affecting my life in every aspect,” said Yao. The unexpected austerity comes on the back of China’s slowing economy , complicating efforts for Communist Party leaders who pledged this week to boost workers’ incomes to revive household consumption, a ma

Consumer 130

Consumer Retail Sales Other Promotion 130

RetailMinded

JULY 29, 2023

I decided to switch to reusable bags instead of plastic ones, and I’m tote-ally okay with it. Well, that isn’t just a fun wordplay; it’s a statement that perfectly captures how the winds of change are sweeping across the marketplace. The retail landscape is undergoing a monu mental shift, and the numbers prove it. According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities.

Strategy 52

Strategy Consumer Social Media Customer Engagement 52

RetailMinded

JULY 29, 2023

I decided to switch to reusable bags instead of plastic ones, and I’m tote-ally okay with it. Well, that isn’t just a fun wordplay; it’s a statement that perfectly captures how the winds of change are sweeping across the marketplace. The retail landscape is undergoing a monu mental shift, and the numbers prove it. According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities.

Strategy 52

Strategy Consumer Social Media Customer Engagement 52