Inside Retail

JANUARY 21, 2024

In a strategic move to counter the fierce competition in China’s booming smartphone market , Apple recently took the unprecedented step of offering substantial discounts on its iPhones. According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models.

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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. The company operated like this for a couple of years, but was not satisfied.”

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Retail TouchPoints

MARCH 21, 2024

on a year-over-year basis due to a cooling economy, retreating housing costs and the labor and product markets coming into better balance. “If Retail has certainly kept its bargain to try to make things affordable for the consumer. Additionally, inflation is expected to moderate to 2.2%

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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. This innovative technology optimizes retailer adverts to appear prominently in shopping search results.

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365 Retail

SEPTEMBER 9, 2021

DemandTec, which offers end-to-end, AI-powered lifecycle pricing solutions globally, has announced the appointment of Denise Vardakas-Styrna as VP, Marketing. Michaud appointed Vardakas-Styrna at a time when he is focused on accelerating DemandTec’s growth and market leadership. Michaud as the new CEO.

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Inside Retail

SEPTEMBER 6, 2022

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 On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. “On per cent price growth.”.

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Retail TouchPoints

NOVEMBER 10, 2021

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. When daily rental fees add up to the retail price, the customer will own the item with no penalty. “As per share but currently trading at $18.20

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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). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.

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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. Ashley Sampson: Reebok has been in this market for many years, and has operated under different entities.

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Inside Retail

FEBRUARY 1, 2024

As the Lunar New Year approaches, retailers around the globe are eagerly gearing up to embrace the festive spirit and capitalise on the significant market opportunities that this joyous occasion brings. One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70.

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Retail TouchPoints

JUNE 8, 2023

In fact, the sneaker resale market in the U.S. This article will discuss the sneaker resale trend, major indicators of fraud for retailers to be aware of, and how merchants can combat sneaker fraud using machine learning. Heeling and Dealing The sneaker resale market is a lucrative industry.

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Inside Retail

JUNE 20, 2021

In our case], it was like converting one consumer at a time.”. While the luxury resale market is already growing worldwide and is worth €20 billion globally, according to a report by Berenberg Bank, it is still in its infancy in China, where pre-owned items account for just 3 per cent of the luxury resale business.

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Inside Retail

OCTOBER 11, 2022

At the company’s annual meeting, Matt Spencer, Baby Bunting’s CEO & MD, said the retailer is currently focused on growing its market share, emphasising on providing “value” in a competitive environment. Comparable-store sales growth was 7.6 per cent while online sales represented 19.6

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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. ATO attacks cost retailers millions of dollars each year.

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Inside Retail

JANUARY 18, 2024

Arguably, value might be the largest motivator behind secondhand purchases because when you’re shopping secondhand, you’re able to purchase a piece for a fraction of the original retail price. The focus at the moment is Australia because the customer base is here and they’re asking for it.

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Small Biz Trends

NOVEMBER 7, 2022

When pricing handmade products, there are a few different structures and terms that may impact your decisions. From retail price to wholesale price, here are the top terms to know as you price your handmade products. Retail Price. Wholesale Price. The Profitable Pricing Formula.

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Wiser

NOVEMBER 16, 2023

Thus, businesses can anticipate market trends, tailor their own promotional activities accordingly, and ensure they consistently provide value for their customers. This analysis informs their pricing decisions, allowing them to strategically adjust prices to bolster their position as a premium brand in the industry.

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Indigo 9 Digital

NOVEMBER 29, 2022

“When they launched Goat, they really hit the right market segment. They went in and addressed a problem that the industry was having, which was fake products and authenticity, the things that made potential customers very leery of buying online,” said George Belch, chairman of the marketing department at San Deigo State University.

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Inside Retail

FEBRUARY 25, 2024

Beauty-dedicated retailers like Mecca and Sephora have dominated Australia’s market share along with e-commerce first sites like Adore beauty, but now it appears supermarkets are making a play to enter the space in a more considered way.

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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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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 12, 2023

For many retailers, success selling on Amazon simply lies in following a set of best practices. Let’s take a look at a few of these. Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. Neatness counts at Amazon. Best Practices for Selling on Amazon.

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Wiser

FEBRUARY 29, 2024

As detailed by industry experts at the panel, the impact of staffing shortages extends beyond the bottom line. With so many tasks and not enough hands, businesses are turning to third-party services to fill the gap, often leading to additional costs and higher prices for consumers.

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Inside Retail

JUNE 14, 2021

StockX was founded on the idea that the stock market is one of the most efficient ways to price goods , but increasingly, it seems consumers are actually treating it like one. . “We With these alternative asset classes, you get to participate in culture, while at the same time building wealth. What’s driving this trend? .

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Inside Retail

APRIL 25, 2024

“After COVID, production doubled, but the market did not absorb it: now the warehouses are full….In Beyond the big brands Some specialist suppliers have turned their back on the big fashion houses to focus on producing limited edition products for niche markets. The figures back him up. .

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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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Inside Retail

SEPTEMBER 26, 2022

The latest designer piece to arrive in the virtual world’s marketplace is a stunning yellow floral Carolina Herrera gown worn by Karlie Kloss during the designer brand’s Spring/Summer fashion show at New York Fashion Week. Fashion marketing has evolved.

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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

To attract a new generation of shoppers, retailers are looking to redefine go-to-market strategies and reimagine the customer experience inside their physical store locations. While necessary, these changes do make increased demands on the enterprise network, particularly at the edge where selling opportunities are constantly evolving.

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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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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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Inside Retail

APRIL 25, 2022

The truth is, there’s another factor that affects global trade in the same way almost all of the time – fluctuations in the forex markets. Forex (short for foreign exchange) markets are where investors buy and sell currencies, and as they do, the relative values of those currencies shift. In general, the way it works is simple.

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Wiser

DECEMBER 12, 2022

Online shopping has exponentially increased the ease with which consumers can find products and compare prices between different retailers, so MAP has become a crucial aspect of product selling for many manufacturers. To lower the price, a reseller might offer coupons or discounted rates internally, among other options.

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Inside Retail

OCTOBER 11, 2022

In what seems to be an attempt at viral fashion, Spanish luxury label Balenciaga has unveiled a new handbag that resembles a bag of Lay’s potato chips. The rumoured retail price for the potato chip bag is USD$1800, a huge difference from a $3.99 View this post on Instagram A post shared by Lay’s (@lays). pack of chips.

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Inside Retail

MARCH 10, 2022

And while some analysts worried that Myer could be impacted by a potential rising inflation, King said that inflation isn’t particularly relevant to the business: 90 per cent of its sales are made at recommended retail prices, so it has a lot of room to move to keep prices fair to consumers and profitable for itself.

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