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From stock levels to financing: How interest rate hikes impact retail

Inside Retail

Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. He expects future rate rises before overall deflation in the retail market occurs.

Finance 246
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Future-Proofing Retail Media Networks through Dynamic Creative Optimization

Retail TouchPoints

As the RMN market is projected to surpass $100 billion in coming years, it’s no surprise that RMNs have been sprouting across various sectors, from hospitality and finance to conventional retail.

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Getting Retail Website Localization Right the First Time

Retail TouchPoints

In recent months the global COVID-19 pandemic has had a huge impact in retail. In the UK, as reported in The Guardian , the number of visitors to UK retail destinations has dropped by 39%, while in the U.S. the decline of the total retail market this year is expected to be double that experienced in the 2009 financial crisis.

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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. While these consumer behaviours are wide and varied, we can expect marked growth in rental, re-commerce and subscription retail markets and a decrease in people buying ‘brand new’ products.

Consumer 130
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Key Tips for Leveraging Personalization in the Retail Industry

Retalon

The upside is, loyal customers may be more favorable toward product recommendations that take their personal preferences into account. The post Key Tips for Leveraging Personalization in the Retail Industry appeared first on Retalon. This is the level of exclusivity their customers expect and prefer.

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Personalization vs. Consistency in the Retail Customer Experience

Retalon

The upside is, loyal customers may be more favorable toward product recommendations that take their personal preferences into account. This is the level of exclusivity their customers expect and prefer. Also, you really can’t avoid the question of competition.

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How to Use Wi-Fi Marketing to Engage Shoppers

Retail Next

Today’s most active shoppers want to be loyal , which is an excellent situation for retail brands. Stitch Labs has found that returning customers account for almost a quarter of retailers’ revenue despite making up less than 12 percent of the total customer base. They want to feel as though they’re a part of your brand.