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How nostalgia and NFTs created a multibillion-dollar collectables market

Inside Retail

They all contribute to the multibillion-dollar market for physical and digital collectables. A report by market research and consultancy firm Market Decipher states that the global collectables market was valued at US$426 billion in 2022 and is predicted to reach US$1 trillion by 2032. million in 2020 to US$17.7

Marketing 262
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How retail left the Baby Boomer generation and its “silver economy” on the table

Inside Retail

Whether marketers are subconsciously ageist or they’ve gotten distracted riding the Millennial branding and Gen Z social media wave all the way to the bank is still up for debate. Marketing efforts and budgets are mostly directed towards younger consumers despite their lack of loyalty and shrinking disposable income. “If

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Marketing lessons from Oatly, Heaps Normal, Zero Co and Pilot

Inside Retail

Earlier this month, Inside FMCG launched the second annual Making it in Marketing report, in collaboration with Adobe, where we detailed a few of our favourite marketing campaigns from the past year and spoke to the people that made them happen. If there’s one brand many marketers could stand to learn a lesson from, it’s Oatly.

Marketing 130
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Toys ‘R’ Us downgrades FY21 result with $5.1 million loss

Inside Retail

million in its first year as a newly consolidated company , Toys ‘R’ Us has released an updated set of figures to the market which paint a less rosy image of its FY21. According to the business’ financial report for the year, the toys, hobby and baby-goods retailer saw revenue of $21.8 million loss it endured in FY20.

Hobbies 130
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Expansion costs eat into Toys ‘R’ Us profit

Inside Retail

The company – which operates the Toys ‘R’ Us store networks across Australia and New Zealand, selling toys, baby and hobby products – also has an online presence in the UK. In the medium term, the company aims to achieve a 5 per cent market penetration in the toys, baby and hobby market in all of its licensed regions.

Expansion 130
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Toys ‘R’ Us names Penny Cox as its new CEO

Inside Retail

At Redmart, in four years as VP of commercial and marketing, revenue grew from $14 million to $285 million per annum and the platform’s product offer increased 25-fold after the adoption of drop shipping. Cox has held roles with companies including Ocado, Coles, Redmart, Alibaba and Carousell across the UK, Australia, and Southeast Asia.

Hobbies 245
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Funtastic rebranding as Toys ‘R’ Us ANZ in retail-led transformation

Inside Retail

The change in identify follows the group’s acquisition of the Hobby Warehouse business last November, which brought the Toys ‘R’ Us license under its control and which kicked off a major shift at the business that saw Hobby Warehouse chief executive Louis Mittoni take charge of Funtastic.

Hobbies 165