Inside Retail

APRIL 24, 2024

per cent in the first quarter, with consumer goods up 3.1 Since retail trade is a key input into broader consumer spending, which in turn is a massive component of GDP (as much as 45 per cent by some estimates), it stands to reason that the retail series might be a bit wonky too. Officially then, China’s retail sales rose by 4.7

Consumer 147

Consumer Accounting Planning Promotions 147

Retail Focus

DECEMBER 5, 2022

With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions. Attractive to younger generations, leisure can help to bring physical commerce back to consumers who strayed from it during COVID.

Finance 182

Finance Outdoor Consumer Accounting 182

Retail TouchPoints

JULY 24, 2023

Some people check their email accounts hourly while others always have thousands of unread emails in their inbox. Yet despite the complexities, an effective personalized approach to marketing is critical to success. According to The Small Business Blog , emails are an effective marketing channel because most U.S.

Marketing 205

Marketing Retail Marketing Advertising Promotions 205

Retail TouchPoints

APRIL 4, 2022

But as consumers, businesses and markets settle into something like a new routine, what changes will commerce experience in the year ahead? However, we’re also starting to see B2B features appear in the B2C world, and we expect that to gain momentum in 2022 and beyond. For 2022 and Beyond: Live Commerce and the Metaverse.

Checkout 312

Checkout Drop-Shipping Customer Experience Shipping 312

Inside Retail

MARCH 8, 2024

Last week, Amazon -owned grocery chain Whole Foods announced the launch of a new format store, Whole Foods Market Daily Shop, to make grocery shopping more convenient for urban consumers. Whole Foods Market Daily Shop is not the grocery retailer’s first foray into smaller storefronts. Amazon’s US$13.7

Marketing 130

Marketing Grocer Location Supermarket 130

Inside Retail

DECEMBER 13, 2023

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

Fast Fashion 130

Fast Fashion Fashion Consumer Apparel 130

Retail TouchPoints

AUGUST 23, 2022

Prior to her current role as VP of Data Analytics & Customer Insights at Amyris , a biology company in the clean beauty, health and wellness and flavors/fragrances markets, she held ecommerce and digital marketing roles at brands like Coca-Cola and Unilever.

Marketing 211

Marketing Beauty and Health Advertising Consumer 211

Retail TouchPoints

NOVEMBER 10, 2022

It now sits at an estimated 22% of all sales, according to a 2022 Morgan Stanley global ecommerce forecast report , which notes that “Over the long term, the ecommerce market has plenty of room to grow and could increase from $3.3 trillion today to $5.4 trillion in 2026.”. This is where retailer partnerships are so important.

Consumer 298

Consumer Advertising Shrinkage Planning 298

Inside Retail

DECEMBER 18, 2022

Sunway Malls’ turnover has now exceeded pre-Covid 19 levels, and Chan expects the overall increase in consumer traffic to be about 15 per cent above pre-pandemic levels by the end of 2022. Changing consumer behaviour. Direct-to-consumer strategies, both online and offline, have also emerged as a clear trend.

Grocer 130

Grocer Fulfillment Supermarket Marketing 130

Inside Retail

APRIL 2, 2024

In a world where technology, from smartphones to AI, is being integrated into almost every aspect of daily life, it may surprise some people to learn that the stationery market is thriving. per cent during the forecast period between 2024 to 2029. per cent during the forecast period between 2024 to 2029.

Marketing 100

Marketing Wholesale Specialty Store Consumer 100

Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. Personalize Your Back-to-School Marketing. Give Back-to-School Shoppers Alternative Payment Options.

Payment Services 252

Payment Services Checkout Drop-Shipping Customer Retention 252

Retail TouchPoints

JUNE 6, 2023

Some stats support the gloomy outlook: according to Kearney , 40% of consumers feel they have too many subscriptions, and subscription ecommerce is predicted to have its slowest growth year on record in 2023 ( Insider Intelligence ). Today, brands are competing for consumers’ share of wallet. The reality though is less stark.

Consumer 291

Consumer Returns Checkout Shopping 291

Retail TouchPoints

NOVEMBER 10, 2022

Retail TouchPoints (RTP): How is Sephora dealing with shifts in shopper behavior over the past few years, particularly as consumers’ budgets have come under increased pressure? . We’re also supporting convenience, for example with the September 2022 addition of free shipping for all Beauty Insider members.

Consumer 200

Consumer Drop-Shipping Customer Experience Accounting 200

Hunton Andrews Kurth

JANUARY 11, 2023

As we kick off a new year, the Hunton Andrews Kurth Retail team would like to provide you with a rundown of the top posts we shared throughout 2022. Top Posts of 2022: IP in the Metaverse: An Overview for Retailers in a New Landscape. Please click the links below to review these highlights.

Apparel 98

Apparel Advertising Accounting Fashion 98

Retail TouchPoints

MAY 1, 2024

The 2022 Bipartisan Infrastructure Law put up $7.5 Not only does the company demonstrate a commitment to sustainability — something a growing number of consumers say is important to them — but offering reliable charging hubs can be good for business. The push to improve the charging experience in the U.S. That represented 7.6%

Consumer 231

Consumer Accounting Location Planning 231

Retail TouchPoints

JANUARY 25, 2024

Passwords are at the heart of the issue and account for 30% of all abandoned online purchases. Proper security is imperative to any business’ bottom line and the integrity of their brand, but how can that be achieved without increasing the burden on the end consumer? Enter passkeys. On top of that, passkeys are domain-specific.

Payment Services 236

Payment Services Shopping Accounting Checkout 236

Retail TouchPoints

FEBRUARY 15, 2024

can link eligible accounts to earn 2% cash back from Bank of America (on top of the rewards and benefits they already earn on qualifying purchases) and one Star for every $2 spent at Starbucks. Customers can either link their accounts through the Bank of America or Starbucks site to start collecting rewards.

Sporting Goods 229

Sporting Goods Accounting Consumer Marketing 229

Inside Retail

FEBRUARY 27, 2023

For retailers closely watching consumer confidence levels and spending trends, getting an accurate reading about what lies ahead can be challenging. Still, many consumers are undoubtedly feeling the impact of interest rates and the rising cost of living. This has become more crucial as the economic cycle continues to shift.

Merchant Services 130

Merchant Services Payment Services Specialty Retailers Accounting 130

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S.

Payment Services 309

Payment Services Promotions Consumer Inventory Management 309

Retail TouchPoints

NOVEMBER 21, 2022

Good product and stellar customer service are a big part of the recipe, but the secret sauce has been the brand’s social marketing strategy , according to Ben Yahalom, who joined the company from Meta in March 2022 as Chief Business Officer and was promoted to President in October. Step Two: Get Creative. Step Three: Trust the Machine.

Marketing 289

Marketing Advertising Wholesale Apparel 289

Inside Retail

MARCH 29, 2022

Social commerce, or purchasing products and services within social platforms, represented just 4 per cent of the US retail e-commerce market in 2021. billion in sales in 2022. Here’s who we expect to dominate live shopping and social commerce in 2022. However, both are growing trends, projected to reach $US45.7

Social Commerce 130

Social Commerce Advertising Checkout Shopping 130

Retail TouchPoints

NOVEMBER 21, 2023

In many ways, the same trends we see in consumers’ Q4 shopping behaviors mirror their TV viewership. Given inflation and price sensitivity, consumers are kicking off shopping early to stretch their gifting budgets. In fact, Emarketer saw the ecommerce growth rate this October surpass those of November and December 2022.

Shopping 232

Shopping Specialty Retailers Consumer Department Stores 232

Retail TouchPoints

NOVEMBER 3, 2023

spending forecast to climb 3%-4% over 2022, generating between $957.3 Overall household finances remain in good shape and will continue to support the consumer’s ability to spend.” billion spent in the 2022 holiday season. consumers spent online during holiday 2022. billion to $966.6 seen from 2010 to 2019.

Finance 236

Finance Accounting Consumer Promotions 236

Retail TouchPoints

JANUARY 25, 2022

As we navigate an interesting year of retail revival, now is the perfect time to make some small shifts and shrewd strides forward into 2022. Let’s dive into some small ideas that can help tackle big goals: 1) Think Big: Increase customer engagement with more interactive marketing. Act small: Use a QR code! The QR code is back.

Management 240

Management Marketing Customer Experience Inventory Management 240

Retail TouchPoints

JANUARY 3, 2023

2022 saw the fastest pace for inflation in decades. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. Fake Account Creation Bots can create fake accounts at scale which are then used to abuse retail promotions.

Merchant Services 281

Merchant Services Payment Services Accounting Checkout 281

Retail TouchPoints

DECEMBER 16, 2022

DressX launched in August 2020, and Meta added the company to its portfolio of virtual clothing designers in July 2022. The company is committed to sustainable fashion, promoting the digital garment market as a way for consumers to showcase their style digitally.

Fashion 252

Fashion Accounting Consumer Promotions 252

Inside Retail

MAY 2, 2021

Covid-19 hit the reset button on consumer behaviour. Retail brands quickly realised that it was no longer business as usual after the pandemic set in, and marketing plans, execution, creative, and channels had to be re-thought wholescale. This leaves the obvious question: how exactly has Covid-19 altered consumers?

Consumer 200

Consumer Social Commerce Shopping Returns 200

Inside Retail

NOVEMBER 23, 2021

I’ll start with a particularly interesting one that has strong voices on either side: what proportion of sales will be online in 2022? Last year, I interviewed Jonathan Reeves from Eagle Eye for my Shopology show and he predicted that online would account for half of retail sales by 2030. Why online will grow: consumer trial.

Consumer 130

Consumer Shopping Accounting Fulfillment 130

Retail TouchPoints

MAY 14, 2024

On track to pass this year and take effect as early as 2026, the directive will establish a new benchmark in corporate accountability and supply chain transparency. The United States has cracked down on forced labor with its Uyghur Forced Labor Prevention Act, enacted in 2022 and targeted at imported goods from China’s Xinjiang region.

Supply Chain Management 263

Supply Chain Management Consumer Management Accounting 263

Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

Payment Services 208

Payment Services Shopping Planning Fulfillment 208

Retail TouchPoints

MAY 3, 2022

CoOp is an umbrella term that covers several costs for Amazon, including marketing development funds, as well as damage and freight allowances. Amazon can use this to set global prices according to the lowest rate possible, and this prevents companies from being nimble in the market and developing different strategies across geographies.

Accounting 215

Accounting Shipping Management Fulfillment 215

Inside Retail

SEPTEMBER 6, 2023

The latest lending indicators from the Australian Bureau of Statistics (ABS) show that the average mortgage size was about $580K in 2022. Afterpay research shows that Millennial spending accounts for 35 per cent of all retail spend in Australia. But a new consumer dilemma is looming. And, why wouldn’t they?

Marketing 130

Marketing Consumer Accounting Apparel 130

Rangeme

APRIL 5, 2022

The 2022 Global Market: Spring Buying Days, a four-day immersive purchasing, discovery, and educational experience facilitated by ECRM and powered by RangeMe, just took place March 28 – April 1. It is no surprise that sustainability was one of the most talked about topics at Global Market.

Marketing 52

Marketing Consumer Shopping Social Commerce 52

Small Biz Trends

SEPTEMBER 9, 2022

The Handmade Crafts Industry in 2022. The handmade business industry is booming in 2022, with consumers looking for unique products and online marketplaces making them easily accessible. There are also craft fairs, flea markets, and local retail shops that can sell handmade items. Open a Business Bank Account.

Accounting 119

Accounting Shipping Wholesale Finance 119

Retail TouchPoints

AUGUST 15, 2022

PacSun has teamed up with a new kind of spokesperson for its back-to-school and holiday 2022 marketing campaigns — virtual influencer Miquela. The new partnership marks the “beginning of an exciting marketing strategy” for PacSun, which said it will be leaning more into the virtual influencer space and the metaverse throughout Q4.

Fashion 207

Fashion Marketing Accounting Consumer 207

Inside Retail

JANUARY 31, 2023

It was a high-profile signal that with the easing of Covid-related outdoor movement restrictions, the market for athletic footwear and apparel in China is set to get a huge shot in the arm. Chinese nationalism is on the rise, with an accompanying disdain among a broad swathe of consumers for foreign products.

Consumer 130

Consumer Apparel Fashion Outdoor 130

Retail TouchPoints

AUGUST 11, 2023

The annual ranking is compiled by global marketing consultancy Kantar and is determined by comparing year-over-year increases in domestic sales (in the case of the 2023 list, this means 2021 versus 2022). While some of the retailers on the list demonstrated remarkable growth, overall growth was markedly lower than in 2022.

Grocer 220

Grocer Wholesale Supermarket Consumer 220