Retail TouchPoints

JULY 31, 2020

At the same time, we’re creating new roles, particularly in our supply chain, in our stores and in other facilities, which will open up new opportunities.” These include supply chain, real estate, merchandising operations, product operations, health & wellness, human resources, marketing, customer service and e-Commerce.

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Inside Retail

JULY 27, 2021

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. Pepco Group currently trades from over 3000 stores in 15 territories across Europe, meeting the needs of 50 million shoppers each month. All consumers love a good bargain.

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Retail TouchPoints

JANUARY 5, 2023

National Retail Federation CEO Matthew Shay put it best, saying “Retailers are providing great products and experiences at the right price levels to help stretch household budgets.”. Loyalty programs, as well as strategically deployed marketing tactics, can help retailers win over hesitant consumers. More Efficient Marketing Channels.

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Inside Retail

JULY 12, 2021

An Aldi spokesperson told Nine News at the time: “We know that Australians are looking for new and convenient shopping experiences, especially in densely populated areas, so we are exploring a smaller format store in North Sydney under a new store concept name: Aldi Corner Store.”

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Inside Retail

DECEMBER 13, 2023

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

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Inside Retail

MAY 18, 2021

Australian discount department store business Best & Less plans to raise about $72.3 million through an initial public offering at $2.15 The retailer aims to list on the Australian Securities Exchange (ASX) in mid-June with a market capitalisation of $271.2 So best quality and lowest price.”.

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Inside Retail

APRIL 6, 2021

While consumers were stuck at home, their dollars travelled far and wide thanks to e-commerce,” says Bricklin Dwyer, Mastercard chief economist and head of the Mastercard Economics Institute. More significantly, Mastercard predicts between 20 and 30 per cent of the shift to online will be permanent.

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Retail TouchPoints

FEBRUARY 11, 2022

Not all of that spending will go to product purchases at retail — 41% of survey respondents said they would “love to receive the gift of experiences,” up from 36% in 2021. Just 15% of shoppers will throw their own party and 20% will attend someone else’s party, with another 5% planning to catch the big game at a bar or restaurant.

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Retail TouchPoints

JULY 8, 2021

As consumers clamor for the personal interaction that comes with shopping in-store, do you believe we’ll see a resurgence in shopping mall traffic? It is critical in these markets that large centers find new energy to draw new tenants in, beyond just retail and food courts, such as integrated entertainment centers and live event spaces.

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Mass Relators

AUGUST 7, 2023

While consumers have started shopping early, as of early July, 85% said they still have at least half of their shopping left to do. For all back-to-class shoppers, the top destinations are online, department stores and discount stores. on BTS items this year, approximately $25 more than last year’s record of $864.35

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Inside Retail

FEBRUARY 2, 2023

It’ll be those discretionary categories – [such as] footwear, clothing, accessories and possibly even consumer electronics that will struggle [to] make gains in the market,” Mortimer said. He said that both brands have cut costs, right-sized by closing stores and exiting leases, and expanded on its private label ranges.

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Wiser

JULY 18, 2023

In this blog post, we will take a look at the shopper data from this past Fourth of July holiday weekend so you can make more informed decisions during the next key selling period. This way brands and retailers know what kind of market climate they are dealing with instead of going in blind.

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Inside Retail

JANUARY 31, 2023

Bishop joined the company after terms as director of merchandise & marketing at Bunnings, and as COO at Officeworks. Murray to continue leading Best & Less At Best & Less, Jason Murray will remain in charge as executive chair until a new CEO is recruited.

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Inside Retail

FEBRUARY 27, 2023

When looking only at retail spending – one of 12 categories comprising the Index – the fluctuation over the Christmas season was more evident. The most significant annual increases in retail were seen in specialty retail stores, alcohol goods, family clothing stores and discount stores. per cent) and December (+12.5

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Mass Relators

JANUARY 31, 2022

Total spending on jewelry is estimated at $6.2 Online continues to be the most popular shopping destination for Valentine’s Day this year, visited by 41%, followed by department stores at 32 percent, discount stores at 28%, local small businesses at 18% and florists at 17%. billion, up from $4.1

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Jewelry Discount Store Department Stores Planning 105

Mass Relators

JULY 13, 2023

While consumers have started shopping early, as of early July, 85% said they still have at least half of their shopping left to do. For all back-to-class shoppers, the top destinations are online, department stores and discount stores. and a new high.

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Shopping Discount Store Department Stores Consumer 52

Inside Retail

AUGUST 24, 2023

per cent for the year as the business continued to respond well to trading and market conditions. For the first seven weeks of FY24, sales growth has continued to benefit from strong trading from Kmart Group while sales remain in line at both Bunnings and Officeworks. The post Wesfarmers posts $2.5

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Inside Retail

JUNE 15, 2022

Phil Bishop, who was most recently director of merchandise & marketing at Bunnings, also served as COO at Officeworks. His retail career started 30 years ago as a people greeter in a Target store. The Reject Shop has tapped a former senior Bunnings and Officeworks executive as its new CEO. Phil Bishop (LinkedIn).

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Inside Retail

MARCH 13, 2023

Prices are rising around the world, but while markets such as the US, UK and Australia are battling inflation rates of between six and eight per cent, consumers in the Philippines are paying as much as 15.62 Sari-sari stores are essentially neighbourhood stores, which figure prominently in lower-middle-class locations in the Philippines.

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365 Retail

JUNE 23, 2023

increase in April, underlining an optimistic forecast for the market. The growth in May was driven by strong performance in the non-store retailing sector, which saw sales volumes increase by a robust 2.7%. Our data shows that card-based spending at garden centres rose substantially in the month. in May, following on from a 0.5%

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Inside Retail

NOVEMBER 17, 2022

Tourists will still need to prove that they have at least three vaccination shots or provide a negative coronavirus test result within 72 hours of departure to enter the country. Executive vice president at JAL, Shimizu Shinichiro, told the publication that forward bookings increased three-fold in the week following the announcement.

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Mass Relators

APRIL 27, 2023

In addition to online (34%) and department stores (34%), consumers are also planning to shop at specialty stores (30%), local and small businesses (24%), and discount stores (23%). And more are looking at product subscription boxes, with 46% interested in this option, up from 39% last year.

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Jewelry Department Stores Specialty Store Discount Store 52

Mass Relators

MARCH 21, 2022

“If I had to guess, I’d say that although customers are likely frustrated with more frequent product delays and limited inventory, they’ve also adjusted their expectations at the same time. Walgreens was unchanged at 74, just ahead of Albertsons Cos. Walmart was in last place in the drug store ranking, sinking 3% to 71.

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Mass Relators

FEBRUARY 26, 2024

At the same time, the company is re-emphasizing the importance of its retail roots with plans to resume opening stores in the United States. At a number of recent industry forums, executives have described current activities and future plans and the vision that inspires them. The decision to move into growth mode at Walmart U.S.

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Mass Relators

MARCH 1, 2022

If I had to guess, I’d say that although customers are likely frustrated with more frequent product delays and limited inventory, they’ve also adjusted their expectations at the same time. Walgreens was unchanged at 74, just ahead of Albertsons Cos. The grocer just outpaces a stable Save A Lot at 74.

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Mass Relators

OCTOBER 19, 2023

Retailers have been preparing for months to ensure their inventories will meet demand, while at the same time helping consumers maximize their budgets with shopping events and discounts running throughout the extended holiday shopping season,” according to Matthew Shay, NRF’s president and chief executive officer.

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Consumer Discount Store Department Stores Accessories 52

Mass Relators

MARCH 28, 2022

If the price of an Easter-related item is higher than expected, 42% of consumers said they will look for it at another retailer and 31% will find an alternative like another brand or color. Like last year, half (50%) of holiday shoppers plan to purchase gifts at discount stores, 41% at department stores and 35% online.

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Consumer Discount Store Department Stores Planning 52

Rangeme

APRIL 17, 2023

According to a study by Deloitte, consumer concern for rising prices did not fall below 70% at any point in 2022, a trend that has continued during the first few months of 2023. When we look back at data from our mid-year survey in July 2022, 87% of those surveyed said they expected prices to continue to rise into 2023, with 29.1%

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Inside Retail

MARCH 20, 2023

International ‘off-price’ apparel retailer TK Maxx is set to open its first WA store in Perth’s Ocean Keys Shopping Centre in Clarkson. The flagship store will sell a range of womenswear, menswear, children’s fashion, toys, shoes, accessories and homewares products from big brands at discount prices.

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Accessories Apparel Fashion Planning 130

Mass Relators

JUNE 20, 2022

That was the tagline for the 1973 movie American Graffiti , which offered a look back at a simpler time just 11 years before the film’s release date. Sam Walton opened his first Walmart store in 1962, deciding to bet on the discount store format that was shaking up the retail industry at the time.

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Discount Store Department Stores Store Operations Marketing 52

Mass Relators

DECEMBER 13, 2021

Thanks to skillful executive leadership and the heroic efforts of frontline personnel, the nation’s food, drug and discount stores can look with satisfaction at a time when they fulfilled their role as businesses that meet essential needs of consumers. Then there’s the state of flux in the retail market itself.

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Inside Retail

JUNE 7, 2023

Responding to The Iconic staff underpayments last year, professor of marketing and consumer behaviour at Macquarie University, Jana Bowden told Inside Retail that brand transgressions loom large in the minds of employees and customers.

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Consumer Discount Store Location Management 130

Mass Relators

JULY 19, 2021

Among those with at least half of their shopping left to complete, 51% said it was because they did not yet know what they will need and 48% said they were still waiting for the best deals. The post Record back-to-school season expected appeared first on MMR: Mass Market Retailers. percentage points. percentage points.

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Discount Store Department Stores Planning Returns 52

Mass Relators

DECEMBER 12, 2022

Retailers have responded accordingly, offering shoppers a season of buying convenience, matching sales and promotions across online and in-store channels to accommodate their customers at each interaction. “It Retailers saw a sizable uptick of in-store shoppers. The number of online shoppers also grew, albeit at a slower pace.

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Indigo 9 Digital

DECEMBER 19, 2022

As we close out another year it’s a good time to take a look back at the trends taking over the turbulent retail sector. With Powell signaling at the Dec. With Powell signaling at the Dec. You will notice that more mature eCommerce markets like China and the United States did not make the top ten list. Source: Bloomberg.

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Retail Trends Drop-Shipping Returns Discount Store 52

Mike Anthony

JULY 28, 2021

The IGD in the UK predicts that the discount channel will be the fastest growing grocery channel in the UK over the next five years (yes – faster than online!). Their stores are proximate to a high number of shoppers, and they are already opening more and more proximity stores. Discounters are just like other big retailers.

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Shopping Discount Store Returns Management 147

Inside Retail

AUGUST 26, 2021

Revenue at Bunnings increased 12.5 Catch’s earnings were also impacted by investments in technology, marketing and fulfilment capabilities to support further growth. “Pleasingly, sales growth from mid-March remained strong on a two-year basis across all of the Group’s retail businesses.”. per cent over the course of FY21, reaching $16.8

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