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Squad shopping and self-improvement: Five consumer trends to watch in 2023

Inside Retail

Indeed, as inflation continues to have a negative effect on household finances, many consumers are seeing their pandemic-era savings decline. Despite the obvious draw of nature and outdoor activities in consumers’ self-improvement pursuits, a strong tech angle will continue to play out in 2023.

Consumer 130
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10 Finance Tips All Retailers Should Follow

Retail Next

Do you own a retail shop, or thinking of starting one? Conversely, if you pay bills late, you are likely to get hit with late fees, which could have a negative impact on your bank account, and potentially cause you to fall behind with other vendors. That means maintaining financial records through an accounting software program.

Finance 59
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Thanksgiving Weekend Recap: Foot Traffic, Mobile Usage Rise as Nearly 200 Million Shoppers Seek Deals

Retail TouchPoints

million shoppers went shopping for great deals, compared to 179 million in 2021 and 30 million more than the projected turnout of 166.3 I think it’s turning out to be even bigger than we expected in terms of seeing enthusiasm across consumers and the shopping public.”. Mobile Accounts for More Than Half of Ecommerce Sales.

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MAPIC 2022 concludes with strong industry attendance

Retail Focus

Mengxing Zhang of BNP Paribas Real Estate suggested understanding the pandemic as a “stress test” for the retail sector and pointed to continued resilient performance from retail sectors such as home goods, DIY (home improvement) discount shops, and outlets.

Finance 182
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Consumer card spending grew 17.7 per cent in March as rising prices dampened confidence

A1 Retail

Nine in 10 consumers are concerned about the negative impact of rising household bills on their personal finances. Yet, the warm weather in early March and a potential Easter heatwave has lifted spirits, boosting trade across hospitality & leisure and sports & outdoor retailers. Card spending grew 17.7 per cent and 18.8

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Retail appointments of the week

Inside Retail

Karantoni has done an outstanding job rapidly expanding our e-commerce business to meet the surge in demand we’ve seen for online shopping over the past 18 months,” Brad Banducci, CEO of Woolworths. Abigail Foote joined the outdoor retailer’s board, effective October 15.

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Retailers are losing tens of millions by undervaluing their retail media assets

Inside Retail

The finance sector is the fastest growing at 19 per cent year on year, as financial institutions recognise the value of their vast media ecosystems and customer bases. It can often be difficult for finance departments to pick where that value is because a lot of the deals are sometimes struck as ad subsidies.