Inside Retail

AUGUST 3, 2023

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.

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VMS

DECEMBER 28, 2021

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2020 and 14.6

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Inside Retail

DECEMBER 11, 2023

Welcome to December and the chance for retailers to redeem themselves with customers. Historically, the highest retail sales and earnings were generated in December in the weeks leading to Christmas and the following Boxing Day sales.

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Retail Focus

NOVEMBER 29, 2023

The survey of 2,000 UK consumers aged 16 to 26 was conducted in October 2023 and sought to identify the shopping habits and preferences of older Gen Z shoppers during the Golden Quarter , the peak retail sales period that runs from October through December. Currently, Gen Z is recognised as ages 11 through 26.

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Inside Retail

NOVEMBER 9, 2022

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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Inside Retail

OCTOBER 31, 2023

Nine in 10 of the best-selling days for e-commerce retailers come in the same quarter. And one-third of all retail sales happen during the holiday season. Testing When gearing up for peak, ensure rigorous testing of your content and promotional plans on both test environments and in production well in advance.

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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

NOVEMBER 26, 2023

Holiday shoppers in the US are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Despite an earlier start to retailers’ holiday promotions this year, there weren’t a lot of great deals initially, Garf said.

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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

MARCH 14, 2024

Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales. Its Competition Review will conclude in August 2025 and is expected to reveal how the government could potentially improve pricing in a competitive industry such as supermarket retail.

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Inside Retail

NOVEMBER 29, 2021

Boosted by the Black Friday and Cyber Monday sales, November has overtaken December for retail sales for the past three years. November 2021 seems likely to again be crucial to Christmas trading results for retailers with consumers having been urged to shop early to avoid possible product shortages. per cent jump.

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Talking Retail

AUGUST 9, 2021

Rewards app Shopt has launched a “staycation” campaign to “boost retailer sales in the weeks ahead”. The campaign is running until the end of September and offers “big-name” promotions and cash rewards up to £10 per promotion. This story continues at Shopt kicks off ‘staycation’ campaign.

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Inside Retail

JULY 27, 2023

Ben Dorber, ABS head of retail statistics, said retail turnover fell due to “weaker than usual spending” on end-of-financial-year sales. There was extra discounting and promotional activity in May, leading up to mid-year sales events.

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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. Retail sales in China have yet to return to their pre-pandemic trend and households prefer to save.

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . There were some positives in the figures, with the average value of online orders in July marking the second highest month of revenue this year.

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Inside Retail

FEBRUARY 27, 2023

While the percentage year-on-year growth in sales made through online channels has fallen since the heights achieved during the pandemic, we continue to see a ‘locked-in’ step change in the volume of sales being made online: that means the investments made to expand the utility and reach of this channel continue to be a valuable base for retailers.

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Retail Focus

FEBRUARY 2, 2024

Exceptional customer service goes beyond driving sales. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade. Considering these numbers, retailers have valid reasons to go above and beyond to capture their fair share of the market.

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Inside Retail

FEBRUARY 17, 2023

BEDA is owned by the Brisbane City Council, charged with enhancing and promoting the city’s reputation globally to drive visitation and attract investment and talent to the city by working closely with government and private sector organisations. Kehoe’s Kitchen’s current retail product range.

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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? The post Why the NBA is going green and opening stores Down Under appeared first on Inside Retail.

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VMS

OCTOBER 29, 2021

After September’s better-than-anticipated retail sales numbers, a new survey polling top retail executives points to a gloomier horizon. Smart retailers and brands are safeguarding margins by optimizing their pricing and promotions based on real-time Voice-of-Customer-data.”.

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VMS

OCTOBER 29, 2021

After September’s better-than-anticipated retail sales numbers, a new survey polling top retail executives points to a gloomier horizon. Smart retailers and brands are safeguarding margins by optimizing their pricing and promotions based on real-time Voice-of-Customer-data.”.

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Inside Retail

NOVEMBER 11, 2021

The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alibaba once aggressively promoted. Alibaba turned China’s informal Singles’ Day into a shopping event in 2009 and built it into the world’s biggest online sales fest, dwarfing Cyber Monday in the United States.

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Inside Retail

APRIL 13, 2022

You’ve chosen a great retail sales program for your team. Training your team is a significant investment, so it’s important to ensure that it’s driving the results you need, such as improved sales figures, growth in conversions, or net promoter scores. . Now, you need to get that program working hard for you.

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Inside Retail

AUGUST 20, 2022

billion on online retail , accounting for around 13.2 per cent of the total retail sales (NAB). Meaningful, personalised engagement is about more than just pop-up ads on a mobile site or a promotional email. Between May 2020 and May 2021, Australians spent $48.1

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Inside Retail

MARCH 20, 2024

Ongoing growth in e-commerce Globally, according to the report, e-commerce is projected to be the fastest growing retail channel, in position to account for approximately 24 per cent of retail sales by 2027. It is projected to grow at twice the rate of bricks-and-mortar retail, with a CAGR of about 11 to 12 per cent per year.

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Retail Focus

JANUARY 24, 2023

Unsurprisingly, retail sales are predicted to struggle this year, with discretionary and leisure items being more negatively impacted than others. Non-food retail was significantly down in 2022 when compared with 2019 figures. The significant inflation rate increases are already impacting living standards across Britain.

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Creative Displays Now

SEPTEMBER 15, 2023

It helps brands leverage and scale communication channels to promote products and increase sales while focusing on customer needs and journeys. Even with the number of people shopping online, 85% of all retail sales still happen in brick-and-mortar stores. Stay ahead of the competition.

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Retail Focus

DECEMBER 10, 2021

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Despite this, there are some bright shoots of recovery.

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VMS

NOVEMBER 22, 2022

Urban Outfitters (Philadelphia) says while sales are growing at its Anthropologie and Free People chains, they have been falling at its namesake brand. The retailer made those disclosures in its third-quarter sales results for the period ending Oct. In addition, the retailer reported net sales for the period increased 3.9

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Creative Displays Now

MARCH 8, 2022

It’s a crucial strategy to make your products stand out in a competitive retail space. This guide will explain visual merchandising and how to use it to promote your products. You could incorporate an interactive touch screen or promotional video into your retail display. Point-of-Sale Displays.

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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

DECEMBER 13, 2022

The persistence of Covid-19 infections, climbing interest rates, inflation and global economic volatility will add to the crystal ball nature of forecasts for retail sales data – and therein lies the hard part. Christmas and everything after.

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Creative Displays Now

SEPTEMBER 7, 2022

As more aspects of sales go digital, you probably think about how you can stay ahead with marketing techniques and strategies that will work in the modern industry. Physical temporary displays are still beneficial for sales. Keep reading to learn about the value of using temporary vs. digital displays to promote your products.

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Inside Retail

JUNE 22, 2023

“Crisis drives innovation and retailers should strive to continue to innovate and evolve beyond a recession to stay ahead of the competition and appeal to the modern consumer.” Zahra suggested that retailers focus on value, emphasise promotions and discounts where possible, and expand their loyalty and reward programs.

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Inside Retail

JANUARY 8, 2022

million digitally active customers with Australian retailers, we can save consumers money while boosting retailers’ sales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth.

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Inside Retail

NOVEMBER 6, 2022

It’s also an important time for retail staff, with many retailers taking on additional Christmas workforces to keep up with demand. However, the emergence of BFCM, and the fact many of these sales are predominantly online, has impacted the Christmas period significantly. Consider this; last year retail sales in November rose 5.8%

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Retail Focus

SEPTEMBER 17, 2021

The sleek appearance of acrylic helps to promote a sense of luxury in the store. As plastic is lightweight and versatile, it is prevalent in the cosmetic and skincare industry and retailers to create attractive product displays. Example 2: Cosmetic Tester Bar . Example 3: Cosmetic Tester Unit Display.

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