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Apac tipped to fuel global airport retail market recovery

Inside Retail

Asia Pacific’s airport retail market is projected to grow to US$33.8 billion by 2026, driving the global market to $63.4 According to GlobalData, the growth will be driven by the increase in retail space and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations.

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Behind the rise of ultra-prestige products in Asia’s travel retail market

Inside Retail

The post Behind the rise of ultra-prestige products in Asia’s travel retail market appeared first on Inside Retail. One potential challenge is that supply chain issues continue to impact the industry, not only with liquid scarcity in some key categories, such as aged whisky, but also in dry goods, such as glass bottles.

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Actionable insights increase return on investment in retail marketing

Inside Retail

Powerful retail solutions are driven by genuine data-driven insight. We are Australia and New Zealand’s leading field sales and retail marketing group. The post Actionable insights increase return on investment in retail marketing appeared first on Inside Retail. Scope a project with us today.

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13 Retail Marketing Tips For Small Businesses In 2023

RetailMinded

Our tips for retail marketing will help you level up in 2023 for better sales and happier customers. Take it a step further: Keep a pulse on local events that bring in extra tourism to your area, and double down on your local retail marketing efforts during these times for a wider audience pool.

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UK convenience retail market set to return to turnover growth this year

Talking Retail

This follows a small decline in 2021 of -0.8%, as market growth slowed as a result of hospitality reopening and coronavirus restrictions easing. The market. This story continues at UK convenience retail market set to return to turnover growth this year. Or just read more coverage at Talking Retail.

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The role of returnable transit packaging in supporting ?the 2021 omnichannel retail market

Retail Focus

References: 1 E-commerce share of UK retail sales 2019-2024, Statista. the 2021 omnichannel retail market appeared first on Retail Focus. approach to RTP product and service innovation, please visit www.schoellerallibert.com. The post The role of returnable transit packaging in supporting ?the

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New York City’s Retail Market Shifting into High Gear for 2022

VMS

In the last quarter, New York’s retail market has gone from frigid trepidation to sizzling enthusiasm. Retailers from every sector are getting back into the race. The post New York City’s Retail Market Shifting into High Gear for 2022 appeared first on Visual Merchandising and Store Design.

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How online shopping has changed the car retail market

Retail Times

There has been a significant change in the auto industry in the last few years that has transformed the way in which people buy cars. The days of heading down to a local dealership to buy a car are fading and now people are buying their cars online.

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Latest online spending data signals new norm for retail market, says Colliers

Retail Times

The latest data from the Office for National Statistics shows online sales, as a proportion of total retail sales, have reached 25.5% for two consecutive months (June and July 2021), which according to Colliers’ analysts marks a step-change in consumer behaviour and could signal a new norm in spending habits for the retail market.

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Why Retailer Market Fit Is Important For A Product Startup

Retail Bound

Good retail alignment means that your retail channel can reliably highlight your product and show its value to consumers. Retail Marketing Channels. The retail channels you align with at different points in your growth cycle are also important because of your supply chain.

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From stock levels to financing: How interest rate hikes impact retail

Inside Retail

He expects future rate rises before overall deflation in the retail market occurs. After which, Walker hopes that the retail market will stabilise. “I Eroding buffer Walker anticipates that the effect of interest rate rises will peak around March or April. I think this next quarter is the one to watch out for,” he said.

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Lotte Duty Free wins Melbourne Airport rights

Inside Retail

. “Lotte Duty Free Melbourne Airport store … will be a key hub for Lotte Duty Free’s global business expansion and (duty-free) market recovery,” said Kim Ju-nam, CEO at Lotte Duty Free.

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London Designer Outlet defies retail market trends to boast record-breaking January trading

Retail Times

London Designer Outlet (LDO) in Wembley Park started the year with a bang as price-conscious consumers boosted revenues, with the January trading period confirmed as the best month on record for the capital’s leading outlet centre.

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Grown Alchemist makes Sydney Airport standalone debut

Inside Retail

The launch marks the first step of the brand – which specialises in skin, body, hand, and haircare items – into the travel retail market. The counter has a minimal, monochrome retail design with glass and stainless-steel accents paired with a distressed concrete wall.

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Northern Irish retail market ends 2021 on a high

Retail Times

The owner of two major retail schemes in Northern Ireland has reported the highest month of sales on record in December at its premier outlet, The Boulevard, as well as an annual growth in sales of 23% compared to the same trading period in 2019.

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Not if but when: why online marketplaces are key to A/NZ retailers’ future

Inside Retail

Indeed, even Sydney Fish Market now has its own online commerce site. Yet for retail marketers, handing over these keys to the kingdom is no easy feat. During the pandemic’s first 14 months, Australia’s e-commerce market grew from around 9 per cent of the overall retail market share to 13 per cent.

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Vida Glow partners with Heinemann for Sydney Airport pop-up

Inside Retail

Heinemann entered the Australian retail market in 2015, and has since worked to deliver innovative initiatives and products to passengers in Sydney International Airport. . “They clearly understood our brand goal and global strategy, and worked so diligently with us to bring our vision to life.”

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PayPoint launches free retailer marketing support for growing digital voucher category

Retail Times

PayPoint has announced the launch of further marketing support for its retailer partners to promote the growing digital voucher category, with six big brands, including Amazon, Xbox, PlayStation, Paysafecard, Neosurf and Love2Shop with more major brands to follow later this year.

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Investment fund takes half share in Brisbane’s Grand Plaza Shopping Centre

Inside Retail

EG’s head of capital transactions, Sean Fleming, said Grand Plaza mall will benefit from the anticipated capital growth and cap rate compression across Australian retail markets this year. . Value can be extracted from this asset with an active asset management strategy to enhance the retail offering and tenant mix,” he said.

Shopping 246
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EuroShop 2023 Preview

Retail Focus

The exhibitors in the Retail Technology dimension help to shape perspectives and future fields of retail through the driving force of intelligent technology. EUROSHOP, PAST AND PRESENT: 1966 EuroShop launches in Düsseldorf, in association with EHI Retail Institute, with 331 exhibitors taking part.

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Tigerlily announces new CEO, former Esther & Co GM Travis Wright

Inside Retail

Wright was instrumental in leading the turnaround of Esther & Co last year and will bring years of online retail, marketing and fashion experience to her new role at Tigerlily – as well as lessons learned in her jewellery business, Travel by Travis.

Fashion 246
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Latest retail marketing research reveals that ‘Generation Z’ still prefer real shops

Barber Design

According to the latest retail marketing research by IBM, ‘digital natives’ still prefer shopping in bricks and mortar stores to shopping online. And retailers must acknowledge and respond quickly to this – because ‘Generation Z’ is going to be much bigger than ‘Generation X’.

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Australia’s entrenched e-commerce platforms poised for industry disruption

Inside Retail

This is because we see that retailer marketing costs are also going up while their ROI from the Google and Facebook ad networks are not as attractive as they once were. Clearly, merchants of any size need tools such as memberships and loyalty and affiliate marketing readily available to deploy.

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IGD publishes trend predictions for the global retail market in 2022

Retail Times

Global insight provider IGD has published its predictions for the global retail trends that are set to shape the international food and consumer goods industry in 2022.

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Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives.

Fashion 236
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Digital Retail marketing – how can Pokemon Go entice shoppers into bricks and mortar stores?

Barber Design

Regular readers of our blog will know that we like to keep abreast of the latest trends in digital retail marketing and retail technology. As soon as we downloaded the free mobile game onto our phone and started playing we immediately thought about the implications of this type of technology for retail.

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How Amazon’s retail battle with Reliance turned into a legal quagmire

Inside Retail

Here’s what the dispute, seen as key to deciding who gets an upper hand in one of the world’s fastest-growing retail markets, is all about. Future Retail – the group’s flagship retail arm – says it faces liquidation and its more than 27,000 employees can become jobless if the Reliance deal fails.

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Stravito strengthens global leadership with key management hires, accelerating expansion into retail market

Retail Times

Stravito, the enterprise insights platform democratizing access to market research for the world’s largest retail companies, amongst others, continues to build out its global leadership team following its $14.6 Stravito has appointed Laura Lockley as VP of customer success, and Will Gardiner as VP of marketing.

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EY announces Amber Mace as new UK&I consumer products & retail market segment leader

Retail Times

EY has announced the appointment of Amber Mace as the UK & Ireland market segment leader for its consumer products & retail sector.

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Augmented Reality in Retail Projected to Experience Massive Growth

VMS

Augmented reality (AR) in the retail market could be on the cusp of a massive growth spurt. A new report from Research and Markets said AR investments in retail were valued at roughly $2 billion in 2021, but that number is expected to explode to $61.3 billion by 2031.

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Explainer: Why is Amazon in a battle with Indian retail giant Reliance?

Inside Retail

Here’s what the dispute, seen as key to deciding who gets an upper hand in one of the world’s fastest-growing retail markets, is all about and what led to the sudden change in tone. At stake is whether Amazon can become a bigger force in a $900 billion retail market, with 1.3 What triggered the dispute?

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Welcome to the new customer experience

Inside Retail

The result is mounting pressure for retailers to deliver hyper-personalised, concierge-like shopping experiences with efficient handoffs between departments and channels before, during, and after a purchase. While 88 per cent of retail marketers share integrated tech stacks with advertising teams, this alignment alone is not enough.

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Skechers continues to make its mark in the Singapore marketplace

Inside Retail

She noted that culture and weather play a huge role in shaping the Singapore retail market. “We have always taken pride in the fact that we have a diverse and high-quality range that we offer to discerning consumers at a very affordable price point,” she said.

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Why so many global brands fail in Australia

Inside Retail

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard.

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Sweden’s Klarna buys influencer marketing platform

Inside Retail

Swedish payments firm Klarna said on Tuesday it had acquired influencer marketing software firm APPRL as it looked to tap into strong growth in shopping across social media channels. The financial details of the deal were not disclosed.

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Nearly two-thirds of US consumers welcome personalized retailer marketing, Wunderkind reports

Retail Times

which found significant gaps between brand strategy, consumer desire and the channels that best foster meaningful consumer-retailer engagement. COVID-19 has changed how consumers shop and discover brands.

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Ochama store by Storeage

Retail Design Blog

Ochama, a new brand under JD.com, prides itself to “apply industrial automation to the retail market, resulting in a price.

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FLANNELS opens the doors to its first store in Ireland at Blanchardstown Centre

Retail Focus

Confidence remains across the Irish retail market in the run up to Christmas, and we look forward to giving further positive updates in the new year.”. The post FLANNELS opens the doors to its first store in Ireland at Blanchardstown Centre appeared first on Retail Focus - Retail Design.

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Appliance stores dominate 2022 Oria Awards

Inside Retail

Other 2022 Oria Awards winners were: Best B2B Online Retailer: Hero Packaging Best Community Initiative: i=Change Best Small Independent Retailer: Une Piece Best Social Commerce Initiative: Showpo Best Phygital Initiative: Cue Clothing Co International Conqueror: Quad Lock Technology Champion: Cotton On Best Online Retail Marketing: Salvos Stores Industry (..)

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Appliance stores dominate 2022 Oria Awards

Inside Retail

Other 2022 Oria Awards winners were: Best B2B Online Retailer: Hero Packaging Best Community Initiative: i=Change Best Small Independent Retailer: Une Piece Best Social Commerce Initiative: Showpo Best Phygital Initiative: Cue Clothing Co International Conqueror: Quad Lock Technology Champion: Cotton On Best Online Retail Marketing: Salvos Stores Industry (..)

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FASHION HOUSE opens €25m outlet centre in Bucharest

Retail Focus

Situated at the exit to the A2 Cernica motorway, 25 minutes from the city centre and 45 minutes from Henri Coanda International, FASHION HOUSE Pallady is easily accessible to the City’s two million residents as well as its growing tourism market with parking provision for more than 300 vehicles.

Fashion 162
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Nicholas Street development opens fresh opportunities for Ipswich retailers

Inside Retail

. “We support numerous events, from the night market to a dog festival, which has attracted thousands of people and brought a huge volume of attention to the brand.

Shopping 246
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Online’s worst ever year for growth was actually rather good, IMRG Capgemini Online Retail Index shows

Retail Times

The UK online retail market experienced the lowest rate of growth in 22 years of tracking. year-on-year against 2020, according to the latest figures from the IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. Online revenue in 2021 finished up +2.7%