Inside Retail

MAY 12, 2021

With exciting overseas holidays and drinking and dining off the cards in the past year, some consumers are now indulging in other ways and spending their money on discretionary categories such as fine jewellery, which has seen a rise in sales during Covid. told Inside Retail. The company saw a 29 per cent increase year on year to €714.3

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Inside Retail

MARCH 10, 2022

During the Christmas rush, Myer saw sales growth of 17 per cent ending Jan 1, compared to the same period of 2020. Loyalty is king.

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Inside Retail

SEPTEMBER 23, 2024

The Australian Competition and Consumer Commission’s (ACCC) allegations that Woolworths and Coles breached the Australian Consumer Law by making misleading claims about discounts come as retailers head into their most promotional period of the year and serve as a warning to the wider industry.

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Supermarket Promotions Advertising Consumer 130

Inside Retail

MAY 30, 2024

Halara is a fast-growing athleisure and lifestyle brand founded in October 2020 by Joyce Zhang, a technologist who previously led algorithmic projects at tech-centered companies like Microsoft and Hulu. So I thought what was the secret?”

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Inside Retail

NOVEMBER 1, 2022

At first, it seemed like Asia might get off lightly – most governments and professional economic forecasters in the region said so – but cost of living pressures are rising across the continent, with food, energy, rent and labour costs now all key drivers of retail price inflation. Japan holds out. Japan is an excellent case in point.

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Wholesale Payment Services Finance Consumer 130

Inside Retail

MARCH 8, 2022

Consumers are not being served well by the New Zealand grocery duopoly, according to the Commerce Commission – but it stopped short of any major recommendations in the final report into the grocery market tabled this week. . Requiring grocery retailers to display unit pricing in a consistent format. Suite of recommendations.

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Indigo 9 Digital

AUGUST 16, 2022

Another growth opportunity is apparel which is up 50% since Nike’s 2020 fiscal year. Nike has made a move over the last several years to grow its direct-to-consumer business. Jordans typically sell for 54% above the average retail price. Women represents one of the biggest growth opportunities out there.”

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Apparel Consumer Retail Trends Retailing Pricing 98

Inside Retail

JULY 26, 2021

Duty-free retail meets live commerce. As of 2020, the Chinese government has significantly increased the annual limit for duty-free purchases by domestic travellers to Hainan island,allowing visitors up to RMB 100,000. billionin 2020, a year that saw 15.5 million domestic travellers. Second-life commerce.

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Social Commerce Advertising Apparel Accounting 130

Wiser

APRIL 21, 2020

and Canada has drastically changed the relationship between retailer and consumer. By mid-March, nearly all brick-and-mortar retailers had closed locations or reduced hours, while people stopped congregating in public and began spending more time at home. Price changes. Price Changes Likely Just Beginning.

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Beauty and Health Outdoor Retailing Pricing Consumer 129

Independent Retailer

AUGUST 17, 2022

The OFFPRICE show brought buyers from around the world together to shop for products at up to 70 percent off retail prices. Tricia Barglof said “A retailer looking for specific product categories could source a wide range of styles and designs all in one place, instead of having to visit multiple places to find the inventory they need.

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Inside Retail

FEBRUARY 8, 2022

Rental is fast becoming a fixture within the retail landscape. Here, three different retailers discuss the changing consumer mindset and the unique challenges of rental companies. Inside Retail : Tell me about how Breeze began. IR: How do you think consumers feel about renting furniture at the moment?

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Payment Services Fashion Returns Customer Experience 130

Retail Gazette

NOVEMBER 17, 2023

In her new monthly column, broadcaster and consumer expert, Kate Hardcastle MBE – also know as The Customer Whisperer – highlights the retailers making moves to really help shoppers – and those that need to go back to the drawing board. Customer yeh: Club Pret – more coffee anyone?

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Returns Consumer Fashion Retailing Pricing 68

Indigo 9 Digital

MAY 12, 2022

In 2020 VF Corporation, which owns The North Face, Timberland, and Vans bought Supreme for $2.1 With consumers often driven by FOMO – a fear of missing out, traffic to Supreme’s website during one of its drops can increase by up to 17,000%. As consumer tastes change so does the fashion industry.

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Apparel Fashion Marketing Accessories 111

A1 Retail

JULY 21, 2023

Jacqui Baker, head of retail at RSM UK and chair of ICAEW’s Retail Group , comments: “The hottest June on record prompted consumers to hit the high street to make the most of the good weather and spend. This saw an increase in household goods as consumers stocked up on garden furniture and barbeques, boosting food sales.

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Department Stores Consumer Retailing Pricing ATS 52

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. n 2022, inflation drove prices and interest rates higher. And how can that not have an effect on consumers’ minds? Happy New Year. INFLATION ON. YOUR MIND.

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Retalon

OCTOBER 24, 2023

Raw materials are destroyed, and a huge amount of energy is consumed when producing and moving products across the world. So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world. How do retailers get into this mess?

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Retalon

FEBRUARY 14, 2022

Raw materials are destroyed, and a huge amount of energy is consumed when producing and moving products across the world. So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world. How do retailers get into this mess?

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Markdowns Fast Fashion Consumer Accessories 41

Retalon

AUGUST 20, 2019

The internet has indisputably created new opportunities for retailers to reach consumers. This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Still, real-world retail operations persist.

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Fulfillment Comparison Shopping Markdowns Promotions 32

Retail Geek

JANUARY 6, 2023

Matt: [2:02] Yeah have you too I like to think about my career or having two careers to date the first one was, very foundational for what I’m doing now but very quantitative, process-oriented mechanical engineering patent law Manufacturing, Ops Consulting things that had nothing to do with retail or fashion or e-commerce and then I. [2:32]

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Merchant Services Consumer Fashion Marketing 52

Inside Retail

OCTOBER 12, 2023

In the first quarter of 2021, fragrance sales were up 45 percent from the year prior, despite the average retail price for fragrance products growing by 15 percent in the same time period. Notably, the way many consumers discovered and purchased fragrances during the pandemic was online and on their phones. Data from Market.us

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Retail Geek

AUGUST 29, 2023

1:24] And just to set it up the you know in my world of start-up land it has been very hard to get an IPO done so there’s been a couple post coated and like late 2020. But then the growth in 2021 over 2020 was 24%. What is if you look at the average US consumer and you probably look at the.

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Merchant Services Grocer Advertising Payment Services 52