Inside Retail

MAY 2, 2021

Covid-19 hit the reset button on consumer behaviour. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. The answer is deceptively simple.

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Retail TouchPoints

APRIL 5, 2022

“As an independent company, we see a tremendous opportunity for PayPal to expand our role as a champion for consumers and partner to merchants , and to help shape the industry as money becomes digital at an increasingly rapid pace.”. Consumers are now more digital, and they’ve gotten into these habits. Source: CivicScience.

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Inside Retail

MARCH 10, 2022

Shippit’s retailers will now be able to offer their customers an Uber delivery option at checkout. According to Future of Delivery Report 2022, in the next five years, Asia Pacific will be the largest regional parcels market by value, accounting for around 42 per cent of a global market.

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Inside Retail

FEBRUARY 5, 2024

As we venture into 2024, Australian retailers stand at the crossroads of evolving consumer behaviours, economic uncertainties, and technological advancements. Embracing omnichannel behaviours: Following the post-pandemic surge in in-store shopping seen in 2022, last year marked a significant shift back to online spending.

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Retail TouchPoints

FEBRUARY 21, 2024

Online shopping is now easier than ever before, enabling consumers to purchase everything from socks to a dining room table from a computer at their home to a mobile phone in an airport terminal. The ease of online shopping also gives consumers the ability to comparison shop more quickly, showing them more options in less time.

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Independent Retailer

FEBRUARY 8, 2022

Below are tips for growing your business and enjoying a prosperous 2022: Renovate and Upgrade to a Powerful POS. Integrated credit card processing offers safety and compliance and saves time in accounting reconciliation. NRS offers ecommerce, with a store website and consumer shopping app that link into your POS.

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A1 Retail

SEPTEMBER 27, 2023

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

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RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Here Are The Ten Emerging Retail Trends We Predict For 2022. New Look Stores.

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Retail TouchPoints

FEBRUARY 16, 2022

If a retailer doesn’t support the browsing experience for a shopper with disabilities — for example people with conditions that make it difficult or impossible to use a mouse — the lack of an interface suited for keyboard-only navigation will drive these potential consumers to a site that does offer these accommodations.

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Retail TouchPoints

DECEMBER 23, 2022

Forrester also notes that over the past few years, retailers focused heavily on their ecommerce business and in-store fulfillment; as a result, they found out the hard way that their legacy and outdated technology stack impacted their agility and ability to respond to changing consumer behavior. As 2022 wraps up, it’s time for a “reset.”

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Inside Retail

NOVEMBER 21, 2021

We know that privacy laws in Australia are under the microscope and expected to continue tightening in 2022 (and beyond). It makes sense: the last major overhaul of how consumer data is dealt with in Australian law happened way back in 1988. If your brand isn’t rethinking data consent and tracking, now is the time to act.

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Retail TouchPoints

MARCH 27, 2023

In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues. trillion by 2026.

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Retail TouchPoints

JANUARY 14, 2022

As a result, Cyber Week 2021 accounted for 23% of total ecommerce spend, down slightly from 24% in 2020. Garf noted that “as these headwinds persist into 2022, it’s safe to say we’ll continue to see broad usage of BNPL.”. Additionally, total order count was up almost 10.45% from holiday 2020 levels, according to data from Klaviyo.

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Retail TouchPoints

JANUARY 24, 2022

Retailers are heading into 2022 in the face of serious challenges, including inflation and labor shortages, but many executives are confident that the industry will prevail. In fact, 32% believe that retail as a whole will experience 5% growth or more this year, according to Deloitte’s 2022 Retail Industry Outlook.

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Retail TouchPoints

AUGUST 7, 2023

After several years of declines and a host of executive switch-ups (particularly in the CEO role), Wish began a major overhaul of its business (still underway) and launched a marketing blitz to “reintroduce” itself to consumers in August 2022. The very next month Temu debuted in the U.S. Wish is based in the U.S.,

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Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. An emission-free future As of 2022, Walmart has been powering 47 per cent of its operations with renewable energy.

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Inside Retail

MAY 24, 2023

It would also be scalable based on the risk of consumer harm , but the details on this are unknown. Bowden also noted that 160,000 businesses offer BNPL – which see an average transaction of $136 – and that 82 per cent of retailers believe their customers expect BNPL to be offered at checkout.

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Inside Retail

JANUARY 12, 2023

McKinsey & Co stated in mid-2022 that social commerce comprised more than 13 per cent of China’s total e-commerce sales. Because social media is where many consumers spend their time, and where they look for inspiration and discovery. On TikTok Shop , consumers can buy from in-feed videos, livestreams and a product showcase.

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Retail TouchPoints

JANUARY 20, 2023

Even more impressive, eMarketer expects it to nearly double, from $31 billion in 2021 to more than $61 billion by the end of 2024, when it will account for almost 20% of digital advertising spend. consumers spent $1.7 Those sponsored positions are what are now known as retail media, which has become the third-largest U.S.

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Inside Retail

SEPTEMBER 6, 2022

Customers will be able to create accounts and list items for rent directly from the online checkout pages of participating brands, helping Designerex reach new customers and increase its inventory. Next on the list of innovations is a consumer-facing app, which PixelForce will help build.

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Retail TouchPoints

AUGUST 16, 2023

Livestreaming accounted for more than 17% of all ecommerce sales in 2022 in China, but in the U.S. More of those people, for the first time, are getting access to digital media, and the first thing they’re consuming is small-screen, livestreamed content on social media. it made up just 2% of ecommerce last year.

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365 Retail

JANUARY 12, 2024

Be it shoppers paying by Scan & Go, self-checkout, in checkout-free stores or via Click & Collect: offline retail is becoming increasingly digital. Cash, cheques and invoices accounted for together 95% of turnover. This is also confirmed by current consumer surveys.

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Independent Retailer

AUGUST 29, 2022

BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase. BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase.

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365 Retail

NOVEMBER 8, 2023

The timing of this partnership coincides with a notable shift in consumer purchasing behaviour. This trend underscores the alignment of Clearpay’s services with current consumer demands. Clearpay’s model is designed with consumer protection in mind, as evidenced by their policy framework.

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Retail TouchPoints

JANUARY 3, 2023

Despite rumblings of consumer fatigue, Insider Intelligence research indicates that U.S. billion in 2022 to a projected $43.13 That’s a good sign for CPG brands, which are capable of making the most seamless transition to subscriptions: deodorant, toothpaste, diapers and even smoothie packets quickly become part of consumers’ routines.

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365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

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Inside Retail

SEPTEMBER 19, 2022

Makro, the biggest cash-and-carry operator in Southeast Asia, was already something of a beast in wholesale and retail terms: it operated 154 warehouse-style units with an average size of just under 5,400sqm, selling to both retailers and end consumers in major cities and secondary locations, mostly in Thailand and Malaysia. billion baht ($9.4

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Inside Retail

JANUARY 16, 2022

In 2021, it was projected to generate $363 billion in sales, up 36 per cent, year on year, accounting for 13 per cent of total e-commerce sales. Facebook’s market-leading position is in part due to the sheer volume of traffic it generates, accounting for 65 per cent of all social media traffic to Shopify.

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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. Supply Chain Adaptations and More Sustainable Commerce Initiatives.

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Mass Relators

FEBRUARY 15, 2022

. — CVS Health on Tuesday introduced a new digital service that makes it easier for consumers to locate, order, and pick up at-home COVID-19 test kits with no upfront out-of-pocket cost and without requiring them to submit a claim to their health insurance provider. Consumers can access the service at CVS.com or through the CVS App.

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Rangeme

MAY 19, 2022

To stay competitive, more retailers and consumer packaged goods (CPG) suppliers are taking specific actions to emulate Amazon’s signature inventiveness and customer obsession. Morrisons latest to launch AI-powered checkout-free store system. January 13, 2022. February 1, 2022. February 17, 2022. January 4, 2022.

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Retail Geek

APRIL 29, 2022

Episode 291 is a hot take on Amazon Q1 2022 earnings. Amazon released their Q1 earnings for 2022 on Thursday April 29th. Episode 291 of the Jason & Scot show was recorded on Thursday April 29, 2022. A weekly podcast with the latest e-commerce news and events. In this episode we do a deep dive into all the details.

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Independent Retailer

MARCH 17, 2022

This has led to unrest among American consumers, with spending fluctuating in the ecommerce space. New challenges are on the horizon for e-sellers, and Kenny Tsang, Managing Director of PingPong Payments , touches on how online merchants can prepare for the shift in consumer spending and stay afloat.

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Mass Relators

NOVEMBER 29, 2022

NEW YORK — Consumers embraced the opportunity to return to physical stores on Black Friday to participate with family and friends in “the sport of shopping,” according to Coresight Research’s annual tour of malls, outlets, super-regional centers, downtown locations and neighborhood centers in the United States and Canada.

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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.

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Independent Retailer

DECEMBER 1, 2022

“Shopping on mobile devices is no longer a perk, it is an expectation for consumers, and brands have to create a mobile mentality to keep up,” Jennifer Shambroom, CMO at Clickatell , said. Ecommerce businesses will also need to offer mobile-friendly payment options, like Apple Pay, to create a seamless one-click checkout experience.

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Retail Gazette

DECEMBER 21, 2023

Rising prices put a squeeze on consumer spending throughout the year, and although inflation has finally started to ease, shoppers sill remain cautious with Accenture research revealing 64% of UK adults plan to reduce their spending over Christmas.

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