Mass Relators

MARCH 28, 2022

With just more than half (51%) of consumers planning in-person celebrations, up from 43% the previous year, food will account for the largest spending category. The survey Inflation concerns are driving consumers to seek the most value for their dollar when shopping for the Easter holiday. on food, followed by $28.04 on clothing.

Consumer 52

Consumer Discount Store Department Stores Planning 52

Inside Retail

NOVEMBER 17, 2022

It has been stated that Narita Airport, Japan’s biggest international airport some 70 kilometres from Tokyo, remains quiet, with almost half of its 260 shops and restaurants closed. Nonetheless, Chinese travellers who used to account for 30 per cent of tourist arrivals in Japan in 2019, are only contributing 1.8 per cent this year.

Discount Store 130

Discount Store Accounting Shopping Marketing 130

Inside Retail

SEPTEMBER 6, 2023

Afterpay research shows that Millennial spending accounts for 35 per cent of all retail spend in Australia. Most consumers, when asked directly, will say they want to shop sustainably. Millennials have a preference for shopping online, sure, but that doesn’t mean the in-store experience is irrelevant.

Marketing 130

Marketing Consumer Accounting Apparel 130

Mike Anthony

JULY 28, 2021

The IGD in the UK predicts that the discount channel will be the fastest growing grocery channel in the UK over the next five years (yes – faster than online!). But when we talk about shopping experience, it isn’t all about ‘bells & whistles’ (though discounters have made huge strides in improving the shopper experience in their stores).

Shopping 147

Shopping Discount Store Returns Management 147

Mass Relators

SEPTEMBER 19, 2022

Unsurprisingly, costumes account for the biggest area of Halloween purchases. Similar to recent years, Halloween enthusiasts will once again start their shopping early, with nearly half (47%) beginning in September or earlier. Spending on kids’ and adult costumes is expected to total $2.9 billion, the highest amount since 2017.

Planning 52

Planning Discount Store Returns Consumer 52

Retail TouchPoints

APRIL 5, 2022

This category includes discount stores, mass merchants (“big box stores”) and businesses focused on specialty hardlines. According to the NRF , the total rate of returns in 2021 was just over 16% — up 6 percentage points from 2020 — and the online portion accounted for almost 21% , or about $218 billion.

Merchant Services 216

Merchant Services Beauty and Health Returns Consumer 216

Retalon

JUNE 10, 2020

may cover generic approaches to managing and optimizing price for any given product, but they don’t account for the most critical variables that determine your pricing success. Retailers who don’t account for these considerations often struggle with profitability. A discount store for bargain hunters? What does this mean?

Planning 41

Planning Markdowns Promotions Accounting 41