Inside Retail

DECEMBER 13, 2023

According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3 billion in retail sales the year before. But that is beginning to change, as American institutions increasingly embrace multicultural festivities.

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Inside Retail

NOVEMBER 29, 2022

Australian retail sales are on the rise, but new research suggests that this growth is driven by inflation, not by consumers buying more. Cost-to-serve elements are essential to managing price and profit but can be overlooked in the race to stand out on value perceptions or promotions. .

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Inside Retail

JUNE 9, 2022

Last month we talked about How coaching influences the retail sales culture. Being that person that your team member remembers as giving them confidence, believing in them and providing the support necessary for them to progress or take the next step is a benchmark for any people manager. Benefits for the individual.

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Inside Retail

MARCH 13, 2023

It also has a significant online presence, claiming 50 per cent of all online Australian liquor sales. Pfeiffer-Smith stepped into the MD job in July 2022, shifting across from a role as Endeavour Group’s chief strategy officer.

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Inside Retail

OCTOBER 2, 2023

The group plans to review its retail operations and identify any new opportunities that a different corporate structure could bring to Smiggle and Peter Alexander, up to a potential demerger of the brands, and to analyse any potential capital requirements, management structures, and separation costs.

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Inside Retail

MARCH 27, 2022

In this Post-Covid trading environment, where online sales are now accounting for 25 per-cent or more of retail sales, the majority of Australian retailers are reviewing their physical store network. In reality, many retailers may be better served by retaining a smaller, high-performance store network.

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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.

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Inside Retail

JUNE 22, 2023

Regarding his own businesses, Brookes is reducing profitability expectations over the next 12 months, and focusing on investments in acquisitions and new stores, as well as pricing and marketing strategies. According to Mansfield, these strategies were effective in helping retailers navigate recessionary conditions.

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Inside Retail

NOVEMBER 6, 2023

Overall, the brand’s retail sales, including DTC, Glossier stores, and Sephora, are up by 73 per cent year-over-year, marking a second consecutive year of growth, with no signs of slowing down anytime soon. (It launched in Sephora US and Canada in February, and in the UK in September.)

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Inside Retail

DECEMBER 17, 2023

Hong Kong’s total retail sales are down about 20 per cent from 2018 levels and in an effort to reduce the reliance on luxury spending by Chinese shoppers, the government and tourism sector are trying to woo visitors to nature and leisure attractions. It remains unclear how effective that strategy will be to lure back spending.

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Inside Retail

MARCH 29, 2022

It’s a really vibrant space, and we’re so excited to open,” Sandra Kennedy, Sheike’s general manager, told Inside Retail. Online is a major contributor to our business and one that we will continue to champion and invest in strongly – just like our bricks-and-mortar strategy.

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Inside Retail

SEPTEMBER 26, 2022

So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. Our market share is up almost 6 per cent compared to a year ago, from roughly 9 share points to 14,” Laurent Stévenart, Singapore’s country manager for Impossible Foods, told Inside Retail. The current state of affairs.

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Inside Retail

OCTOBER 5, 2023

What I did know was that I loved retail and was good with numbers — the whole interaction with customers in trying to understand what their pain points were and how I could create solutions for them, I just really enjoyed it. All the different parts of the puzzle were starting to come together and the strategy was being put into action.

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Inside Retail

APRIL 8, 2021

The impact of Covid-19 restrictions nationally was not as serious as in the early months of calendar 2020 and sales were bolstered by Black Friday, Click Frenzy and Cyber Monday leading into Christmas. One retail group that remains bullish about future prospects is Premier Retail, which posted a 7.2 million in global sales.

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Inside Retail

APRIL 29, 2021

They are now so big and so powerful that Amazon is the default,” Nathan Bush, director of e-commerce strategy at eSuite, told Inside Retail. “Many domestic retailers were not strong on digital, especially department stores which offer similar home product ranges,” she told Inside Retail. . billion in 2019.

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Retail Bound

MARCH 7, 2023

The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. Finding a way to sell across all channels, is where the concept of omni-channel retailing comes in. Retail stores is by far the largest retail market segment at $6.5

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Inside Retail

APRIL 4, 2023

IR: Can you discuss the split between e-commerce and physical retail sales, and whether there are distinct strategies in place for each channel? Do you think the physical locations are or will enhance online sales? LR: We don’t view online and offline as disparate strategies.

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Parcel Pending

SEPTEMBER 30, 2021

Detailed below are the top six shifts and the concurrent implications for any rental property manager interested in learning more on how to improve their rental property along with other valuable property management tips. One savvy marketing strategy is being employed by Markwood, a California-based real estate investment company.

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Parcel Pending

FEBRUARY 5, 2021

In 2020, $861 billion was spent on online eCommerce retail sales representing 21.3% of total retail sales and a staggering 87% increase from 2017 2. eCommerce predictions are clear: online shopping will continue, but savvy retailers will find ways to provide a seamless omnichannel strategy. years vs. 3.4

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Inside Retail

SEPTEMBER 21, 2022

At the time, I was a partner in business advisory at EY and was exploring a path for a more creative and entrepreneurial career, so naturally we started working together and I started supporting him on his strategy and some creative and business ventures during my time off. IR: What is MFK’s physical store strategy?

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Retail Focus

JULY 20, 2021

Plans include the development of a new family entertainment ‘Leisure District’, allowing visitors of all ages to enjoy a range of non-retail activities and attractions, as well new restaurants. A new centre manager has also been appointed for Merry Hill. The line is expected to be open to passengers by 2023.

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Compliantia

JUNE 28, 2021

As such, every retailer needs to be aware of the right strategies in order to be truly successful in the current landscape. This article discusses some of the most common mistakes in retail you must avoid in order to promote longevity and profitability. Inventory management. Let’s take a look. Doing everything manually.

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Parcel Pending

FEBRUARY 4, 2024

Updated Jan 28, 2024 Retail shopping has forever changed with the exponential growth of online shopping and the evolution of click and collect shopping during the COVID-19 pandemic. After all, e-commerce’s share of all retail sales has now hit a jaw-dropping 23% during the third quarter of 2020. Sources: Kapner, Suzanne.

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Retail Bound

FEBRUARY 8, 2022

Robert has decades of experience of growing companies and managing high performance teams. Over the last 10 years I helped set up 5 startup companies and have created more investors decks, proposals, and GTM strategies than I care to remember! Robert joined our team in December 2021 as our newest Director of Business Development.

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Retail Bound

SEPTEMBER 15, 2021

It could be bad timing, lack of financing, or even a poor management team. Perhaps if these failed product startups were part of a retail accelerator program, maybe their future would have been brighter. You are probably thinking that joining a retail accelerator program is a waste of time, effort, and/or money. 2 | IGNITION.

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Parcel Pending

FEBRUARY 10, 2021

In 2020, $861 billion was spent on online retail sales representing 21.3% of total retail sales and a staggering 87% increase from 2017 3. Properties should strongly consider updating their package room solutions to help better manage and protect residents’ packages. With an astonishing 1.7

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Parcel Pending

APRIL 8, 2021

With the permanent disruption in apartment housing caused by the pandemic, property management must analyze what’s working and what’s not to attract and retain residents. What do these trends mean for multifamily property managers? Smart Property Management is Key. Management: take note. The Trend Dynamics of Gen Z.

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Parcel Pending

APRIL 2, 2021

Retail shopping has forever changed with the exponential growth of online shopping during the COVID-19 pandemic. After all, e-commerce’s share of all retail sales has now hit a jaw-dropping 23% during the third quarter of 2020 1. Retailers that employ BOPIL saved an average of 45 hours per month versus managing BOPIS orders 2.

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Inside Retail

JULY 11, 2023

Jaya Grocer’s deputy CEO, Daniel Teng, and Coles’ general manager of exports and fresh food commercials, Will Mulholland, sealed the deal at a symbolic ceremony at Jaya Grocer Starling Mall, witnessed by the Australian Deputy High Commissioner to Malaysia, Clare Gatehouse.

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Compliantia

FEBRUARY 16, 2021

If the issue is a lack of inventory, pay closer attention to your stock management system and reporting. In these cases, it may help to set re-order points, where your POS or retail management system automatically alerts you when it’s time to buy new stock. The iVend Retail survey cited earlier found that 39.1%

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Compliantia

FEBRUARY 16, 2021

If the issue is a lack of inventory, pay closer attention to your stock management system and reporting. In these cases, it may help to set re-order points, where your POS or retail management system automatically alerts you when it’s time to buy new stock. The iVend Retail survey cited earlier found that 39.1%

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Inside Retail

NOVEMBER 13, 2023

As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retail market.” In 2022, Walmart accounted for approximately US$500 billion in retail sales.

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Inside Retail

JUNE 16, 2022

In an era when more and more consumers are actively shopping across multiple channels, retailers across Australia are leaving millions of dollars of potential income on the table by not pursuing an omnichannel media management solution. They end up spending that money with Google or Facebook or somewhere else.

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Inside Retail

APRIL 3, 2023

After a month of fasting from 23 March to 21 April, Eid al-Fitr, the festival of breaking the fast, will be celebrated for around two days, and will most likely lead to an increase in retail sales. Sales figures continued to rise during Ramadan until approximately one week before Eid.

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