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‘Crises drive innovation’: ARA CEO talks strategies for Australian retailers

Inside Retail

“With the cost-of-living crisis and a sharp increase in interest rates over the past 12 months, shoppers are increasingly conscious of spending less, and shopping strategically to save money by searching for the best deal,” said Zahra. They want to know that their purchases are making a positive impact on the world. ”

Strategy 130
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Three key trends in retail strategy for 2023

Inside Retail

Throughout 2022, there were numerous headlines indicating a monumental shift in innovation across retail and that customers were keen to get back to physical shops while retaining the convenience of hybrid shopping. And for the year ahead, these brands need to pay attention and set future-focused strategies.

Strategy 147
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As millennials embrace natural skincare, Jurlique sees an opportunity to grow

Inside Retail

This is just one example of the brand’s recent efforts to amplify its longstanding commitment to natural skincare, from the launch of a new formulation charter in 2022 to its B Corp certification in February to a new store concept centred on storytelling. “We We do all the right things, but we forgot to talk about it in the past.

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8 Sustainable Retail Strategies for 2024

Parcel Pending

2 Gen Z is more likely to subscribe to a sustainable mentality and uphold sustainable practices than any other consumer demographic group. Sustainability Strategy Ideas McKinsey & Company’s The State of Fashion 2024 highlights two burgeoning issues: climate change and sustainability laws.7 The ultimate goal?

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India’s DTC boom: Fuelled by technology and Millennials

Inside Retail

Estimates suggest that India is now home to over 800 DTC companies, with the ecosystem’s market value reaching about US$12 billion in 2022. Many initially sold products through their websites and social media platforms but have since expanded their reach by leveraging e-commerce platforms like Amazon and Flipkart.

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From China to India, how the world’s retail markets stack up: report

Inside Retail

China is still the focus On the other hand, he said that China remains attractive but has dropped three spots driven by the overall softer economic outlook of the country. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022. Estimates suggest China’s social commerce market enjoyed a 40.25

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It’s not e-commerce anymore – it’s just commerce

Inside Retail

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. However, over the 12-month period from November 2021 to November 2022, online purchases were down 3.8