RetailMinded

DECEMBER 15, 2022

Christmas is cancelled for more than half of consumers (52%) because of the cost of living crisis – leaving retailers facing a nightmare New Year stuck with excess stock. * They provide a stark warning to retailers about the dangers of being caught with excess stock.

Gifts 52

Gifts Planning Consumer Other 52

Inside Retail

FEBRUARY 13, 2023

Following nine consecutive interest rate increases in Australia – with more likely to come – retailers are having to navigate a challenging economic environment, as consumers are looking to cut back their spending across a range of categories. This was arguably felt in December 2022, which saw a 3.9 per cent drop in consumer spending.

Perspective 246

Perspective Flow Marketing Retail Marketing 246

Inside Retail

AUGUST 6, 2023

The brand, which has appointed Adam Nikitins and Stewart McCallum of EY to oversee the liquidation process, is one of a number of mid-sized retailers being hit hard by macroeconomic conditions and rising cost of living pressures. Inside Retail has reached out to EY for comment. There’s a purchase cycle store here.

Flow 243

Flow Social Media Consumer Department Stores 243

Inside Retail

JUNE 22, 2023

Australia is currently in the midst of a “retail recession” with real retail turnover experiencing a decline over two consecutive quarters. With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter.

Consumer 246

Consumer Customer Retention Strategy Marketing 246

Inside Retail

JULY 6, 2023

The end-of-year peak period is a critical time for the retail industry. However, this year poses both challenges and opportunities for retailers as they prepare for end-of-year sales events. However, this year poses both challenges and opportunities for retailers as they prepare for end-of-year sales events.

Strategy 242

Strategy Promotion Consumer Engagement 242

RetailMinded

AUGUST 20, 2021

As a retail Jeweller, it’s safe to say that the price of gold and silver rises and falls, rises and falls in a never-ending pattern of unpredictability! In general, though the trajectory for both gold and silver in the long-term has been a rise upwards in the prices of both metals. Impacts Of Price Rises.

Management 52

Management Marketing Pattern Other 52

Inside Retail

APRIL 15, 2021

A study funded by the World Health Organisation (WHO) reported that across the 36 largest countries in the world, more than 12 billion days of lost productivity (equivalent to more than 50 million years of work) are attributable to depression and anxiety disorders, at an estimated annual cost to the global economy of US$1 trillion.

Management 130

Management Line Tailored Flow 130