Inside Retail

JANUARY 24, 2024

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC).

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365 Retail

OCTOBER 17, 2023

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. Lambert rejoins the company after a 12-year hiatus, stepping in at a time when Genie Shopping is experiencing a remarkable year-on-year revenue growth of 172% in 2023.

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Inside Retail

SEPTEMBER 6, 2022

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. Retail prices increased 4.8 per cent through the year to the June quarter with the largest price rises seen in food and household goods. “On That left real sales growth up 5.5

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Intelligence Node

OCTOBER 5, 2023

Introduction to Retail Pricing In a modern retail arena, data-driven dynamic pricing is the backbone of any strong, profitable sales strategy. It’s the number that consumers look at when determining. The post How to Localize Your Pricing: Tips to Implement Zip Code Level Pricing appeared first on Blog.

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Retail TouchPoints

NOVEMBER 10, 2021

Consumers can directly search the Borrow collection or discover items available for rental browsing the website. Customers can return the items at the end of the rental period with free shipping and dry cleaning, continue to rent for a daily fee or purchase the item at a discount. per share but currently trading at $18.20

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Retail TouchPoints

JULY 15, 2021

Eddie Bauer is following the lead of other top retailers and getting into the rental business with the launch of a new program that will allow customers to rent its technical apparel and gear at “a fraction of the full retail price.”. The retailer’s rental offerings can be shipped anywhere in the contiguous U.S.

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Retail TouchPoints

APRIL 25, 2022

Conscious consumption is on the rise and two big names in retail have launched new programs to tap into the consumer appetite to shop sustainably. Items are available at up 60% off retail prices. eBay UK Features ‘Imperfect’ Products from North Face, Puma and More. ”

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Retail TouchPoints

OCTOBER 21, 2021

Bloomberg ’s sources said that PayPal is looking at a potential price of approximately $70 a share, which would value Pinterest at around $45 billion. Adding social media capabilities could further enhance PayPal’s offerings for retailers. “We Multiple analysts have commented on how the deal could benefit PayPal.

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Inside Retail

JULY 13, 2023

The brand has a range of partnerships in the works, and recently opened its first domestic flagship – a 167sqm store at Chadstone Shopping Centre, showcasing new trends and styles, and introducing new customers to the vintage brand. At the end of April last year, the keys changed hands to the current operating partner, Brand Collective.

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Inside Retail

FEBRUARY 25, 2024

Beauty products don’t have to be at a luxury price point to deliver results with consumers’ purchase decisions driven by active ingredients, high payoff and a relatable brand. Not everyone can afford high-end prices but we all deserve to carry a little bit of luxury in our handbag.”

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Wiser

SEPTEMBER 10, 2019

Pricing information is readily available for consumers at any time of day. Whether they’re looking online or in-store, they can find real-time prices in the blink of an eye. To put this in perspective, 96 percent of Wiser survey participants stated that they plan on comparing prices before making purchase decisions.

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Inside Retail

FEBRUARY 1, 2024

One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70. JD.com’s mega offline shopping destinations, Jd Mall and JD E-Space, are also set to revolutionise the shopping experience for consumers in eleven cities across China during the festive season.

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Retail Focus

JUNE 29, 2022

The membership beauty brand is offering shoppers the chance to try the products in real life at their new pop-up concept store. Experts will also be on hand at the Covent Garden pop-up to offer beauty lovers advice, helping them to find the best products for their skincare concerns straight from the production line.

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Inside Retail

JUNE 20, 2021

It has taken online resale marketplace Retykle a long time to slowly shift Chinese consumers’ superstitious beliefs that buying secondhand clothing is bad luck, according to founder Sarah Garner. “We In our case], it was like converting one consumer at a time.”. The aspirational resale consumer. The conscious consumers.

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Inside Retail

SEPTEMBER 9, 2021

While Aldi isn’t the only retailer to use this form of limited-time offer, and certainly not the first, its Special Buys have become synonymous with the brand and a huge hit among consumers. In some cases, they are so popular that consumers literally fight for them. The part about discounted prices is obvious.

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Inside Retail

OCTOBER 10, 2022

Japan’s sneaker and streetwear platform, SNKRDunk, is set to launch its first international flagship store at Singapore’s Mandarin Gallery. The SNKRDunk Singapore flagship will span two levels and occupy more than 1370sqft of retail space.

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Inside Retail

JUNE 14, 2021

It’s taken for granted that consumers buy products from brands and retailers to wear or use in daily life. New research from global resale site StockX suggests many consumers are now buying products with future returns in mind. . Or does it? What’s driving this trend? . What does it mean for brands? .

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Inside Retail

OCTOBER 31, 2023

However, recent research from Mintel suggests that in the US, there is a subtle and evolving perception of value among beauty consumers. This shift in consumer preferences is not only affecting the industry’s dynamic but also has implications for mental health and gender inclusivity.

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Retail TouchPoints

OCTOBER 14, 2022

There are nuances based on type of retailer, existing ecommerce strategy and whether the products are first-party only or also include third-party fulfillment. At that volume a marketplace model is the most efficient way to scale through use of technology. In the marketplace model the pricing side is simplified.

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Retail TouchPoints

SEPTEMBER 29, 2022

The program will be piloted with a randomly selected group of customers, who can now shop the new Preloved section on the Athleta website for gently used products at up to 90% off the original retail price. The launch of our first-ever resale pilot marks a major milestone toward our vision for a more sustainable future.

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Inside Retail

NOVEMBER 14, 2023

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. The e-commerce player recently launched The Terminal by ZALORA, a real-world pop-up, which ran from November 2nd to November 13th.

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Retail TouchPoints

JANUARY 3, 2023

Becoming proficient at navigating these obstacles is key to protecting retail profits. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. Five Key Automated Threats Impacting Retailers’ Bottom Line.

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Hunton Andrews Kurth

FEBRUARY 21, 2024

In recent years, consumers filed a spate of class actions claiming that retailers misrepresented the retail price on discounted goods to mislead consumers into thinking they were obtaining a bargain. Ramirez , 594 U.S. 413 (2021), but declined to find that the decisions were “clearly irreconcilable.”

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Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI.

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Wiser

FEBRUARY 29, 2024

One crucial theme addressed during a recent Customer Panel hosted by Wiser Solutions concerned the deficit of labor resources within the retail sector. Panelists highlighted the frustration with labor scarcity in an environment where consumer demands and expectations are constantly evolving.

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Inside Retail

MAY 12, 2021

With exciting overseas holidays and drinking and dining off the cards in the past year, some consumers are now indulging in other ways and spending their money on discretionary categories such as fine jewellery, which has seen a rise in sales during Covid. told Inside Retail. The company saw a 29 per cent increase year on year to €714.3

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Inside Retail

APRIL 25, 2024

They do not have the capacity to weather sudden changes in volumes, or sustain the investments that would allow them to adjust to new consumer trends. brand – price to end customer $20,000. At the same time, the big fashion houses are seeking to protect themselves.

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Retail TouchPoints

JUNE 8, 2023

With top companies releasing limited “drops” of desired products, limited-edition sneakers can sell for hundreds or thousands of dollars over their original retail price. The market is driven by “sneakerheads” and resellers, often using bots to buy up large quantities of in-demand sneakers, leading to shortages for regular consumers.

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Inside Retail

JANUARY 21, 2024

According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models. As the battle for market share heats up, industry experts point to the resurgence of Huawei and the patriotism-driven decision-making of some Chinese consumers to return to using domestic brands.

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Inside Retail

NOVEMBER 14, 2023

As consumers constantly chase ‘the next best thing’ brands and retailers are realising more than ever the importance of accurately predicting demand and getting new products to market in as short a time as possible. Since using Centric Visual Boards – part of Centric’s solution – that task has been cut to just 15 minutes at most.

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Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

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Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

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Retail TouchPoints

JULY 29, 2020

Predicting what’s to come isn’t easy, but having a robust network infrastructure in place would allow retailers to deploy new services rapidly when they’re ready to add them — regardless of where stores are located, or how long they’ve been established.

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Inside Retail

DECEMBER 19, 2023

This is known as pre-consumer waste and includes scraps, offcuts, and rejected garments that are discarded during the production stage. Meanwhile, sustainable fashion business models like resale, rental and repair only unravel the post-consumer garment waste problems. The retailer doesn’t sit on stock,” added Dean.

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Inside Retail

OCTOBER 12, 2023

At the same time, the algorithmic nature of the platforms means that different people are being exposed to different content based on their interests. “We All of our eyes and ears were roughly on the same thing at some stage of the day. shows the global fragrance market was valued at $49.8 We are in a new paradigm.”

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Independent Retailer

OCTOBER 28, 2022

In this article, we will walk you through a few of those formulas as well as some steps you can take to create successful pricing strategies and profit margins. Wholesale Price vs. Retail Price. Producers or distributors charge wholesale prices to retailers. What is the wholesale price?

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Inside Retail

DECEMBER 16, 2021

The pair said they want to disrupt the nation’s $122 billion a year grocery industry by delivering grocery orders within 15 minutes and doing away with the need for consumers to carry out a weekly shop. By owning our own supply chain, Voly delivers at blazing fast speed without compromising on price, quality or availability.

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