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How Rising Prices Shape Consumer Behavior

Retail Focus

Inflation has an impact on nearly every aspect of the economy, including raw material costs, wages, transportation, and, ultimately, the prices consumers pay for goods and services. Rising costs and shifts in consumer behaviors have a significant impact on the retail industry. Value replaces aspiration across advertising.

Consumer 130
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What to learn from Bunnings’ move into Australia’s $3bn retail media market

Inside Retail

The monetisation of retail assets has come a long way since department stores like Myer and David Jones first sold physical space within their stores. It uses advertising inventory, including a retailers owned channels, such as online and in-store. Suppliers deserve a return on investment and clear reporting.

Marketing 240
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David Jones, LSKD reveal how their Black Friday sales are performing so far

Inside Retail

With consumer sentiment and discretionary spend down, many retailers are already facing reduced profit margins and a higher cost of doing business, making hefty discounting for prolonged periods a particularly costly exercise. LSKD’s approach has also garnered the attention of consumers and its community. “We

Markdowns 241
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Step into the AI-driven store of the future, where trust and tech collide

Inside Retail

Its CEO Richard Stevens has seen an uptick in consumers using these tools during their offline shopping journeys. “We This new wave of highly informed consumers is resulting in other savings vehicles, like price matching, becoming more accessible.” The AI-augmented shop floor The implications of in-store AI stretch beyond resale.

Kiosk 218
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Free returns are often a deal breaker for consumers

Retail Dive

The fashion industry experiences more returns than any other, with over two-thirds of consumers returning clothing or footwear in the past year. Dive Brief: E-commerce retailers with generous return policies have greater brand loyalty than those with stingier ones, according to a Rithum survey of 6,000 consumers released last month.

Returns 97
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How China’s micro-drama boom is rewriting the rules of retail marketing

Inside Retail

They demand little from viewers, each episode lasts a minute or two, easily consumed between subway stops or during lunch breaks. Consumers are tired of obvious ads being shoved in their faces or having their feed interrupted by commercials. Further reading: Whats driving the transformation of Chinas department stores?

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Smart store infrastructure is powering the future of retail experience

Retail Dive

A recent NielsenIQ study showed 40% of consumers are willing to use AI to enhance daily shopping decisions , highlighting a growing reliance on AI in-store. The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions, analysts say. By Daphne Howland • Feb.