article thumbnail

What China’s latest retail sales reveal about changing consumer spending

Inside Retail

Reporting by the business media of retail sales and other economic data produced by governments in developing Asia is often too trusting. Officially then, China’s retail sales rose by 4.7 The online share of total retail sales is now 23 per cent. billion, Same-store sales grew by 6.6 per cent to US$4.0

article thumbnail

What Is Visual Merchandising?

Creative Displays Now

Using these elements to bring attention to your brand is called visual merchandising. It’s a crucial strategy to make your products stand out in a competitive retail space. Effective visual merchandising can have a significant impact on your bottom line. Visual Merchandising Explained. Who Uses Visual Merchandising?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bunnings’ pet play: a market-disrupting combination with impeccable timing

Inside Retail

Don’t let the latest retail sales figures fool you. It’s a market-disrupting combination with impeccable timing. The post Bunnings’ pet play: a market-disrupting combination with impeccable timing appeared first on Inside Retail. Times are tough for some already and getting tougher for more before they get better.

Marketing 246
article thumbnail

How Color Psychology Influences Retail Sales

Creative Displays Now

You will commonly see this hue in stores catering to children or retailers who want to promote a cheerful shopping experience that grabs and holds a customer’s attention. Color Psychology in Marketing One interesting aspect is how marketers work to balance these psychological triggers with the retail branding in the store.

Color 98
article thumbnail

How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 According to Statista Market Insights, the DIY and Hardware market was worth US$14.21

Marketing 130
article thumbnail

Here’s an in-depth look at the major retail sales events in Southeast Asia

Inside Retail

According to a recent report by Bain & Co and Meta, GDP growth and inflation in Southeast Asia are projected to perform better than other markets, such as the US and EU. Another phenomenon that is quite unique to the Southeast Asian e-commerce market is the prevalence of unique sales periods like 9.9, Unique tactics.

article thumbnail

Retail expert on China’s department store dilemma and potential growth drivers

Inside Retail

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. With higher than expected growth , a burgeoning middle class, and evolving consumer preferences, China stands at the forefront of the retail revolution. per cent and 6 per cent respectively. Two thirds (66.3