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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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Silly Solly’s plans 10 more stores as it moves to franchise model

Inside Retail

“It was a massive challenge, but Silly Solly’s responded to consumer demand for new ranges of products to help ease cost of living pressure with a huge everyday focus on essentials items, at affordable prices.” The chain boasts ‘Nothing over $5’ in its advertising.

Planning 298
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How Brands can Deliver More Value to Shoppers in 2023

Retail TouchPoints

Although there are signs that inflation is easing, higher prices and an uncertain economy continue to impact consumer behavior. Although many customers are “brand loyal,” given the economic environment, stressed consumers nowadays will most often make retailer and product choices with price as the main factor. Today’s Consumer Mindset.

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Aldi launches Corner Store in convenience push

Inside Retail

Discount supermarket Aldi is making a push into convenience with the opening this week of a Corner Store concept in North Sydney. The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips.

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Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

Retail TouchPoints

billion in Q1 2020, while same-store sales jumped 21.7% The retailer saw increases in consumables, seasonal home products and apparel, with the company attributing this growth to COVID-19’s impact on consumer behavior. Closed Stores Lead To Losses, But Recovery May Be Right Ahead. during the same period. in Q1 2019.

Markdowns 162
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“A great deal of support”: NZ retail community steps up after cyclone

Inside Retail

Grabone is also providing businesses in affected communities with a free listing on the website and an advertising package. She also said that it is committed to supporting New Zealand business owners and helping consumers get a good deal. “We At this stage, this is the crux of the initiative,” she said.

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“A great deal of support”: NZ retail community steps up after cyclone

Inside Retail

Grabone is also providing businesses in affected communities with a free listing on the website and an advertising package. She also said that it is committed to supporting New Zealand business owners and helping consumers get a good deal. “We At this stage, this is the crux of the initiative,” she said.