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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Small Biz Trends

AUGUST 18, 2022

The average retail price of flour across the US jumped by 5.3% in July, following trends of rising prices of products in grocery stores, according to data from the Bureau of Labor Statistics. Flour Prices are Up. Flour Prices are Up. from July 2021. from July 2021; and rice, pasta and corn meal, is up 1.3%

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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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Retail Gazette

JULY 5, 2023

Leicester have been handed a £880,000 fine, however, JD Sports escaped financial penalty after bringing the matter to the CMA’s attention in 2021. fine last year when it was found to have engaged in “cartel activity” by fixing the retail price of Rangers football shirts. It was handed a near £1.5m

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Inside Retail

DECEMBER 1, 2021

Innovative solutions emerged, inspiring consumers to step out and experience them. And in a market where convenience is key, vending machines have provided an accessible channel for consumers of far more than just soft drinks. Peach Aviation is using the machines to help send consumers on mystery tours. The new travel agent.

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Hunton Andrews Kurth

FEBRUARY 21, 2024

In recent years, consumers filed a spate of class actions claiming that retailers misrepresented the retail price on discounted goods to mislead consumers into thinking they were obtaining a bargain. 413 (2021), but declined to find that the decisions were “clearly irreconcilable.” Ramirez , 594 U.S.

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Inside Retail

JULY 26, 2021

For luxury travel retail brands, this is an opportunity boon. Yves Saint Laurent partnered with China Duty Free Group to bring its #Claimyourlove campaign to Hainan on China’s Valentine’s Day 2021, launching a sweat-proof, all-weather foundation at the tropical paradise. Today she has an estimated 300 thousand followers on Weibo.

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Inside Retail

MAY 22, 2022

This is a feature of retail everywhere in the world right now and it is likely to be sustained for some months. The Consumer Price Index was up 4.8 As evidence for the potential of prices to rise further, the Producer Price Index for apparel (a proxy for wholesale prices) was up 7.3

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Indigo 9 Digital

MAY 17, 2022

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. 25% of the items sold on StockX are sold for less than retail price.

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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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Retalon

MARCH 9, 2021

These ten leading pricing strategies for new products can get you started. And with the help of retail pricing software , you can find the optimal strategy for your business.). Why is new product pricing so challenging? The pricing strategy you choose for a new product has enduring ramifications.

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365 Retail

AUGUST 18, 2021

in June, but was pushed higher by petrol prices hitting highs not seen for nearly eight years. The Office for National Statistics (ONS) said the Consumer Prices Index (CPI) is now in line with the Bank of England’s target and was reduced due to a fall in clothes prices as summer sales took place. This was down from 2.4%

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Indigo 9 Digital

MAY 12, 2022

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%. Many of the customers that race to get their hands on a Supreme drop often resell their merchandise online for as much as ten times the original retail price.

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365 Retail

DECEMBER 7, 2021

UsdawUnion (@UsdawUnion) December 6, 2021. Unite the union: join a union (@unitetheunion) December 6, 2021. The union said the 4% pay rise was “well below” the current retail price index (RPI) inflation rate of 6%. The current consumer prices index (CPI) is 4.2%.

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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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Rangeme

OCTOBER 20, 2021

British consumers have global tastes – and the COVID-19 crisis appears to have further whetted their appetites for international products. The influential British magazine Retail Week has identified the desire for more adventurous flavours in food and drink as a critical trend for U.K. retailers look for in brands.

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Retail Bound

NOVEMBER 22, 2021

As of now (Sept 2021), the market price for one 40 ft. Growing demand from consumers in e-commerce coupled with clogged logistics networks and skyrocketing shipping costs is a recipe for economic hardship. Here are the 5 reasons crowdfunding is the best solution for businesses during the 2021 shipping crisis : 1.

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Rangeme

AUGUST 10, 2022

billion in the first quarter of 2021. RangeMe’s SVP of Retail, Wayne Bennett, caught up with Josie Ostrowski, Senior Manager, New Brand Partnerships at Ulta Beauty to discuss beauty trends and to unpack what the retailer looks for in the new brands it brings into its assortment. percent increase in average ticket.

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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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Inside Retail

JUNE 14, 2021

It’s taken for granted that consumers buy products from brands and retailers to wear or use in daily life. New research from global resale site StockX suggests many consumers are now buying products with future returns in mind. . Or does it? What’s driving this trend? . What does it mean for brands? .

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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.

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Retail Geek

AUGUST 29, 2023

But then the growth in 2021 over 2020 was 24%. On revenue and the growth in 2022 over 2021 was 39% in Revenue so. Which would be exciting they were not profitable in 2020 or 2021 so 2022 is the First full year that they were profitable. What is if you look at the average US consumer and you probably look at the.

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Mass Relators

JANUARY 30, 2023

increase in identical sales (mainly due to retail price inflation) and higher fuel sales. during the third quarter of fiscal 2021, the company said. Excluding the impact of fuel and LIFO expense, gross margin rate decreased 47 basis points compared to the third quarter of fiscal 2021. Sales for the quarter were $18.2

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Mass Relators

JANUARY 10, 2023

increase in identical sales (mainly due to retail price inflation) and higher fuel sales. during the third quarter of fiscal 2021, the company said. Excluding the impact of fuel and LIFO expense, gross margin rate decreased 47 basis points compared to the third quarter of fiscal 2021. Sales for the quarter were $18.2

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Inside Retail

MAY 5, 2025

Wright, who led the boho-inspired Tigerlily back to growth during her tenure as CEO from August 2021 until May 2024, was so passionate about the business that she tried to buy it herself a detail that has never been reported. In addition, she can pay tariffs based on her cost price, not her retail price.

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