Inside Retail

JANUARY 15, 2023

Coming out of (or still in) the Covid-19 pandemic, experts are forecasting turbulent times for Australia’s retail industry, as it grapples with – among other factors – the effects of rising interest and inflation rates, diminished consumer confidence and potential drop in spending throughout the year. But not all consumers are equal.

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Retail TouchPoints

SEPTEMBER 9, 2020

Consumers stuck at home have had the time to thin out their wardrobes and make room in the garage — along with strong financial incentives to turn their possessions into cash. With consumers seeking bargains from home, online secondhand is set to grow 69% between 2019 and 2021, while the broader retail sector is projected to shrink 15%.”.

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Inside Retail

JUNE 30, 2021

Started by Estefanía Lacayo and Samantha Tams in 2018, LAFS is all about connecting Latinx designers with key decision-makers in the industry and promoting Latin American talent and innovation to the world. For instance, exploring direct-to-consumer, drop-ship models, not relying heavily on retailers and bricks-and-mortar.

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Inside Retail

SEPTEMBER 14, 2022

2022 has been a busy year for Tumi, with a host of new product launches, a new global advertising campaign and several collaborations with famous celebrities all hitting the market in a bid to drive consumer demand for high-end luggage as the luxury travel industry starts picking up. We are keeping tabs on NFTs and Web 3.0, The APAC market.

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VMS

APRIL 7, 2021

(PRESS RELEASE) WASHINGTON – The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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Indigo 9 Digital

MARCH 9, 2023

Consumers love shopping online but what they really want is control. Be honest, before the pandemic weren’t you were part of the vast majority of consumers that had never tried curbside pickup? This service is also beneficial for consumers worried about their goods being stolen after they are dropped off. More than 1.7

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Wiser

SEPTEMBER 27, 2018

Did you know that the average cart abandonment rate at the beginning of 2018 was 75.6 Limited Shipping Options . Another factor that could cause buyers to walk away is a lack of shipping options. Amazon, for example, has its incredibly popular Prime shipping, but buyers can also choose more traditional—i.e.

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Hyken

NOVEMBER 11, 2022

Even before the pandemic, usage of QR codes increased by 96% between 2018 and 2020, highlighting its importance in this digital era. They save critical data, allowing consumers to access information and execute certain activities more quickly, ensuring an excellent customer service experience. . QR codes for drive-thru transactions

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Wiser

SEPTEMBER 6, 2022

The bottom line is that price is always top of mind for consumers. This isn’t to say you won’t keep an eye on what other retailers are doing, but you have that added layer of protection that consumers can spot and bring price differences right to your door. Increased Consumer Confidence. For most, the answer will be price.

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Wiser

APRIL 7, 2020

According to a 2019 study by retail think tank Coresight Research, retailers in 2018 completely missed out on roughly $300 billion in revenue, or 12 percent of total retail sales, due to markdowns. For example, prices ending in a nine tend to be more attractive to consumers than any other number. Don’t believe us?

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Indigo 9 Digital

SEPTEMBER 15, 2022

If you have a traditional retail business or a pure play eCommerce company then Amazon is a great model not just for how fast goods should be shipped but also for how to think differently about how to monetize your customer base. In those cases consumers would rather have a place where they can pick up their purchases. billion.

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Retalon

JUNE 11, 2021

In a 2018 report , Gartner, Inc. The retail and consumer packaged goods (CPG) supply chain sector has been abruptly disrupted by the global pandemic. Consumers expect to seamlessly interact with brands and retailers across multiple channels, such as brick-and-mortar, social media and e-commerce. This is a misconception.

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Hunton Andrews Kurth

MAY 12, 2022

The Recall Roundup is a monthly survey of regulatory activity affecting the manufacture, distribution, and sale of consumer products. The blog’s goal is to provide an overview, rather than a comprehensive report on every development that could potentially affect businesses or consumers. Nothing herein constitutes legal advice.

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Indigo 9 Digital

SEPTEMBER 1, 2022

Marks & Spencer is in the midst of a multi-year transformation that former CEO Steve Rowe began in 2018 and it’s working. Consumers today want to choose how they receive their online orders and often they choose to pick up orders in person. Marks & Spencer’s revenues last year were up 21.5%

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Indigo 9 Digital

MARCH 17, 2022

Menswear direct to consumer brand UNTUCKit realized this when it first tried to figure out how to acquire its first set of customers. UNTUCKit found that, at the time, for approximately $350 it could reach 200,000 potential consumers using radio ads. By 2018 it took 53 weeks. Consumers simply have less money to spend.

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Retail TouchPoints

FEBRUARY 4, 2022

For the first time the tech giant broke out revenue from its advertising business (more than $31 billion in 2021 — see, you’re impressed) and announced that it will be raising the annual fee for its Prime subscription for the first time since 2018, from $119 a year to $139 a year. Since 2018 in the U.S., stock market’s history.

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Indigo 9 Digital

MAY 2, 2022

And that number is up from 80% in 2018. With this in mind several Nordstrom stores offer a dizzying number of services including: shoe repair, personal styling, gift wrapping, in-store drop off of online returns from other retailers, onsite alterations, dry cleaning, monograming, and an endless array of beauty services. Fast shipping.

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Retail TouchPoints

JULY 1, 2022

Subscriptions can be tricky business, not least because most consumers at one time or another have had a bad experience with a subscription service. That has not stopped consumers from subscribing though, especially with the rise of new takes on the model (box services, auto shipping and streaming TV, to name just a few).

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Retail TouchPoints

JUNE 1, 2021

As online competition heats up, third-party marketplaces are proving to be a cost-effective and relatively low-risk way for retailers to expand their product offerings and capture consumer mindshare. In fact, many third-party marketplaces are nearly invisible to the end consumer. But this model is unlikely to work for most retailers.

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Indigo 9 Digital

JUNE 13, 2022

This was reflected in Tim Hortons’ same store sales growth which was slowing, dropping from 2.5% Or in the process of trying to turn the ship around many companies make a number of missteps as they desperately try to improve operations. in 2016 to -1.5% One of the hardest things for a company to do is turnaround its business.

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Retail TouchPoints

OCTOBER 4, 2022

But the forms they can take — bar, drop, rolled, molded, pressed and so forth — are very much varied. The wonders of cookies have been leaning toward the side of consumers so far. Once the datasets have been received, rewrite them into a legible format your tag management system can read, then ship them out to third-party vendors.

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Inside Retail

JANUARY 27, 2022

When shoppers purchase items from the Vault, they’re making way for the item to become part of a new contemporary narrative representative of today’s consumer. The first drop in the series includes ten NFTs, each one matched to a handmade ceramic sculpture designed by Gucci and Superplastic. million fans since it launched in 2018.

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Inside Retail

NOVEMBER 9, 2022

Not only is this better for the environment, but also it saves on product and shipping costs,” Howard said. There are busy times ahead for the company, as it looks to expand collaborations with partners such as Memobottle, and build on its direct-to-consumer and wholesale business. Good Citizens started over a family dinner in 2018.

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Inside Retail

JANUARY 20, 2022

Australasian division president, Richard Wormald said: “The research suggests that consumers are increasingly expecting organisations to promote sustainable initiatives. Australian businesses must take action to reflect these expectations if they hope to continue to engage with these consumers. Eco-friendly targets on the move.

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Retail Geek

AUGUST 29, 2023

there’s 330 million consumers or I guess population so they use that and this is kind of one of those hints I was talking about the basically said hey we’re. What is if you look at the average US consumer and you probably look at the. 27:08] A pretty robust business that the aggregate amount of.

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