Global survey shows surge in Christmas holiday shopping due to product shortage and lockdown fears

Retail Technology Review

According to a new survey* of 1,000 UK consumers carried out on behalf of JRNI, over half (56%) of consumers plan to do their Christmas holiday shopping early in 2021 due to fears of empty shelves and further lockdown measures. Critical Issues Internet Retailing Retail Supply Chain

Pandemic drives over half of consumers to shop more locally; bank data key in enabling SMEs to compete with big businesses

Retail Technology Review

Over half of consumers globally (53%) believe it is more important to shop with local businesses now than it was before the pandemic. That’s according to new research released by Pollinate, the global software business that partners with banks to help them deepen and extend relationships with their business customers, in which over 4,500 consumers were surveyed across the UK, US, Australia, and Brazil.

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Luxury retail: Why a customer should love your packaging first, and then your product

Retail Technology Review

More and more, brands are beginning to see the value of their packaging in influencing consumers’ purchasing decisions. But much less often do they understand the true potential of their outer and additional elements in driving brand engagement, increasing loyalty and enhancing the overall customer experience – and it’s by doing the latter, you can really make consumers fall in love with not only your products, but your brand and business too.

Retail success post-COVID will rely on understanding new customer mindsets, says Conversity

Retail Technology Review

Six months after COVID-19 started making its mark across the world, lockdown restrictions and widespread working from home offices have caused many consumers to rethink their shopping habits. Retail technology company Conversity believes that understanding the intricacies of these new mindsets is vital if brands are to thrive in the post-pandemic world. Retail Supply Chain Critical Issues Internet Retailing

Safety is too important to rely on ‘off the shelf’ products. When sourcing safety solutions, consultation is key

Retail Technology Review

The boom in online retail in recent years has undoubtedly boosted warehouse and logistics operation in the UK while the circumstances of 2020 continue to fuel further growth within the industry as consumers steer clear of the high street; opting instead for online shopping and delivery. By David Thomas, General Manager, ZoneSafe - Proximity Warning & Alert Systems.

Understanding the consumer of 2021

Inside Retail

Lockdowns with little advance notice, panic buying, supply chain disruptions, hastily made changes to health and safety regulations, and extreme swings in consumer needs and expectations. How did they fare and how have consumers changed due to their pandemic experience?

Analysis: The rise of the purposeful consumer

Inside Retail

Covid-19 hit the reset button on consumer behaviour. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. This leaves the obvious question: how exactly has Covid-19 altered consumers?

Opinion: Do consumers really shop in the name of love?

Inside Retail

The hope is that getting consumers to love your brand will make them more loyal, purchase more frequently, and so on. Or, is it a loved brand because of how successfully it has embedded itself into consumers’ lives? The post Opinion: Do consumers really shop in the name of love?

Decathlon fined $1.5 million for breaking consumer law

Inside Retail

million for selling products that failed to meet Australia’s mandatory safety standards – an act in breach of consumer law. Decathlon Australia’s CEO Olivier Robinet welcomed the decision, and said they respect the work the ACCC does to keep consumers safe.

Purebaby navigates shifting consumer behaviours

Inside Retail

According to the CommBank Consumer Insights Report May 2021, the experiences during the pandemic last year greatly impacted how consumers think, act and shop. consumer-insights. The report refers to data sourced from an online survey of 5656 consumers.

Mérieux NutriSciences releases post-Covid consumer report

Inside Retail

Mérieux NutriSciences Australia was keen to dive further into the major food trends shifting for Australian consumers since the pandemic began, which has resulted in their latest report titled ‘What Australians Want to Know About The Food They Buy’.

Analysis: Consumers and the new reality

Inside Retail

In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. Covid-19 has had a polarising effect on consumers’ finances.

Consumer demand drives automation solutions in Australian supply chains

Inside Retail

Australian consumers have the world at their fingertips and can order from all across the globe, not only from the large international e-commerce companies but also from specialist retailers – be it fashion, electronics or sporting goods.

Consumer spending falls

Talking Retail

Consumer spending fell 7.2% This story continues at Consumer spending falls. Industry News barclaycard consumer confidence consumer research convenience storesin March compared to the same period in 2019, as lockdown continued, new research reveals.

10 Consumer Trends Shaping the Future of Retail

Retail Touch

Seismic shifts in consumer trends accelerated by the pandemic will have long-lasting implications for the retail industry at large. Future Commerce partnered with Method + Mode to conduct broad consumer research over a period of three months ending in January 2021.

Survey Reveals Consumer Marketing Preferences

Independent Retailer

The study, based on surveys of both marketing professionals and consumers, uncovers significant differences between marketer assumptions and what consumers say actually influences their brand awareness and purchase decisions. by R.R. Donnelley & Sons Company.

Aussie consumers open up about post-lockdown plans

Inside Retail

The post Aussie consumers open up about post-lockdown plans appeared first on Inside Retail.

Consumer spending grows

Talking Retail

Consumer spending grew 0.4% This story continues at Consumer spending grows. Industry News barclaycard consumer confidence convenience storesin April compared to the same period in 2019 – the first growth recorded this year, new research reveals.

Retail sector can expect a consumer rebound through November – NAB

Inside Retail

He said NAB data suggests consumers have begun to turn a corner, with weekly consumer spending updates showing an uptick over recent weeks. “It The post Retail sector can expect a consumer rebound through November – NAB appeared first on Inside Retail.

Post-COVID Consumer Priorities: Personal Budgets, Brands’ Social Responsibility

Retail Touch

As the world emerges from the COVID-19 crisis, consumers plan to fundamentally change how they spend money and live their lives. Consumers Are More Concerned, Not Less. Consumers will continue to make deep and permanent changes to their lives.

UK consumer confidence remains stable

Talking Retail

Consumer confidence remained steady at -9 in June, new research reveals. GfK’s long-running Consumer Confidence Index shows four measures of confidence rose in June in comparison to the figures for May and one measure was down.

How Covid-19 is reshaping the consumer

Inside Retail

The post How Covid-19 is reshaping the consumer appeared first on Inside Retail. As we closed out 2020, all data sources pointed towards households reverting to pre-Covid behaviours and a return to a more consistent and predictable purchasing rhythm.

5 Ways COVID-19 has Reshaped Consumer Behavior

Retail Touch

With COVID-19 case counts declining and vaccination efforts underway, eager consumers and retailers are both looking hopefully toward a future return to normal. Here are five key takeaways: The 2021 Consumer is Craving Convenience. The 2021 Consumer has a Recessionary Mindset.

Under Armour Names First Chief Consumer Officer

VMS

has appointed Massimo Baratto as Executive VP, Chief Consumer Officer, according to a press release. In the newly created role, Baratto will oversee the brand’s consumer strategy with responsibility for global marketing, e-commerce and retail. Under Armour (Baltimore, Md.)

Younger Consumers Are Driving the Rise of Global DTC Sales

Retail Touch

Global direct-to-consumer brands (DTC) reaped exponential rewards, especially from Millennial and Gen Z shoppers. Even traditionally more high-touch categories such as luxury goods, fragrances and cosmetics did exceptionally well with cross-border consumers.

What Consumers Want From Your Holiday Marketing

Independent Retailer

Like last year, shipping delays and sold out items means most consumers want their shopping to be done well before December,” Matthew Furneaux, Director of Location Intelligence at Loqate , said. Consumers Prefer Email & Text Promotions.

Here are the 6 ways consumers look at sharing data

Inside Retail

Consumer data is undoubtedly a critical resource for retailers. The data retailers collect can also have value to consumers. If retailers use it well, consumers can benefit from better personalisation in product offers, promotions, and communications. The 6 consumer segments.

Retailers Temper Consumer Enthusiasm for Holiday Shopping

VMS

With a record holiday season looming ahead, retailers are altering their messaging to set consumer expectations regarding “supply chain challenges,” “longer delivery times” and “lower inventories,” reports Reuters. consumers are expected to spend up to $1.3

Understanding the British Consumer and How To Reach Them

Rangeme

consumer spending has risen every year of the past decade, other than in 2020, when the COVID-19 pandemic wreaked havoc. consumers. fourth in the world on consumers’ disposable income, i.e., how much they have to spend after essentials such as housing costs and bills have been met.

Social Commerce: Retailers (and Platforms) Struggle to Catch up With Consumers’ Enthusiasm

Retail Touch

For consumers, creators and retailers alike, sifting through the ever-changing array of functionalities across platforms is still fraught with misfires, miscommunications and mistrust. There’s no time to waste, because consumers are already there.

The things money can’t buy: Welcome to the post-Covid luxury consumer

Inside Retail

Traditionally, the luxury consumer is an experienced global traveller and an aficionado of experiences. Before the pandemic, 20 to 30 per cent of revenues were generated by consumers making luxury purchases outside their home countries.

The 2021 Consumer Culture Report

Independent Retailer

Last year brought many unexpected challenges for both retailers and consumers alike. Amid all of these changes and uncertainty, it is vital for indie retailers to understand the changes in consumer behavior due to COVID-19. Consumer Conundrum: Spend it or Save it.

Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting).

Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

The report confirms that, while disruptions and delays in courier deliveries are taking a little of the shine off internet purchases, consumer confidence and enthusiasm for buying online has grown spectacularly as Covid-19 has kept stores closed.

Consumer trust and food safety – more connected than ever

Inside Retail

Much of the food industry rests on trust – a sense of safety and security that has to be present if a consumer is to dare take a bite of any manufacturer’s product. They don’t want to be the contact that passes the consumer dud food, right?

As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail Touch

Brands and retailers are feeling mounting pressure — from consumers, shareholders and even their boards — to be more inclusive. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base.

Consumer confidence rises to highest level in five years

Talking Retail

Results for April from its shopper confidence index show shoppers increasingly focused on quality and ‘trading-up’, This story continues at Consumer confidence rises to highest level in five years. Industry News consumer confidence igd IGD ShopperVista

Australian consumers are less ethical than they want to be

Inside Retail

Australian consumers are, on the whole, less ethical than they make themselves out to be, according to the latest Baptist World Aid ethical consumer report. The post Australian consumers are less ethical than they want to be appeared first on Inside Retail.

Consumers focusing on quality, research reveals

Talking Retail

Consumer focus on quality is at its highest level recorded, driven by higher earners who have the disposable income to “trade up”, new research reveals. This story continues at Consumers focusing on quality, research reveals.

Adapting to Changing Consumer Behavior

Independent Retailer

Since March 2020, consumer behavior has shifted in ways we never imagined. For those who forged ahead, they employed a mix of creative tactics to keep up with demand and meet consumers on the right channel — which was online. Consumers spent $900 billion more online in 2020.

Getting to the core of what consumers want, need and expect

Inside Retail

Thanks to its digital-first mentality and awareness of consumer trends, clients of Tryzens grow at over two-times the industry average. By now, consumers are well accustomed to targeted digital experiences.

UK consumers still prefer to shop in-store, poll reveals

Talking Retail

The majority of UK consumers still prefer to shop in-store following months of only being able to shop online, new research reveals. This story continues at UK consumers still prefer to shop in-store, poll reveals.

Retail recovery relies on consumers dipping into savings: Deloitte

Inside Retail

Australian consumers are poised to lead the country’s economic recovery through shopping, though retailers will need to compete for their dollars as more opportunities for spending open up.