Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

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Inside Retail

JUNE 28, 2023

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 per cent while household goods fell by 4.4 per cent, the ABS said. per cent, WA at 5.7 per cent.

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365 Retail

JANUARY 9, 2024

In December 2023, the UK witnessed a modest rise in consumer card spending, increasing by 2.3% However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. Contrastingly, food and drink specialist stores like butchers and delicatessens enjoyed a 5.1% compared to 3.3%

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Inside Retail

JANUARY 8, 2024

billion, which Australian Retailers Association (ARA) CEO Paul Zahra said reflects how consumers prioritise essentials amid a cost-of-living crisis. Department stores inched 3.3 “The strong rise suggests that consumers held back on discretionary spending in October to take advantage of discounts in November. .

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Inside Retail

JULY 13, 2023

Consumers believe that sellers, distributors, and e-commerce stores share responsibility for ensuring product authenticity, with a desire for more ways to verify authenticity and reliable customer service. He said that the pandemic and related lockdowns and movement restrictions were a further blow to physical store operations.

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Inside Retail

AUGUST 3, 2023

ARA CEO Paul Zahra said the decline demonstrates a continued slowdown in consumer spending – and adds to the pressure retailers are already under as the cost of doing business skyrockets. per cent by volume, and in department stores by 1.4 ABS figures show a sales decline of 0.5 per cent in the preceding quarter and 0.4

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Inside Retail

JULY 27, 2023

per cent year-on-year in June as consumers spent more than $35.1 billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent followed by department stores, down 2.1 There was extra discounting and promotional activity in May, leading up to mid-year sales events.

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Retail TouchPoints

JANUARY 24, 2024

Whether through specific recommendations, exclusive in-store experiences, or personalized promotions, brands strive to make each shopper feel seen. The concept of personalization is not limited to individual stores but also extends to the overall mall experience.

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Mass Relators

OCTOBER 19, 2023

WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation. Regardless of how early consumers start, the majority (62%) expect they won’t finish until December.

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Inside Retail

JUNE 30, 2021

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. That includes the Japanese department store chain Takashimaya.

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Wiser

OCTOBER 2, 2018

However, one marketing tactic has stood the test of time, and for good reason: the promotion. . Shoppers won’t know your excellent sales if you don’t promote them. Promotions are one of the best ways to communicate your discounts, sales periods, and other crucial information to your target audience. Black Friday Winners .

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Retail Focus

DECEMBER 6, 2022

Global high-performance wellness brand, Hyperice , opens its first pop-up shop at luxury department store, Harrods. Jim Huether, CEO of Hyperice says: “Harrods’ is the world’s most iconic department store. Today, the company is a holistic high-performance wellness brand with numerous product lines and categories.

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Retail TouchPoints

JUNE 9, 2023

In many instances, declines occur because consumer shopping patterns shift over time. For example, malls were the hottest thing in retail for decades — until ecommerce behemoths like Amazon began eroding malls’ implicit promise of being the everything store (or stores). For example, at category killers like T.J.

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Retail TouchPoints

APRIL 1, 2021

Depending on the outcome from a month of mail-in voting that ended March 30, approximately 5,800 workers at the facility, BHM1, could gain the right to join the Retail, Wholesale and Department Store (RWDSU) union. and world economies, so it would take a massive sea change to shake consumers’ loyalty to the company.

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Inside Retail

FEBRUARY 26, 2024

One of the key trends that defined retail in 2023 was pop-up shops and how these experiential shopping experiences have taken hold over millennial and Gen Z consumers. Just this week, American department store chain Nordstrom announced a unique collaboration with the British fashion brand Paul Smith.

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Retail Focus

DECEMBER 12, 2023

Product displays are transformed with a festive twist, featuring Christmas-themed versions that not only promote offers but also connect products to the joyful and gift-giving spirit of the season. They go beyond promoting products; they create lasting memories and emotional resonances.

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Department Stores Consumer Promotions Returns 264

Retail TouchPoints

MARCH 22, 2022

According to the second annual report from the global architecture and design firm, shopping centers, malls and department stores are being transformed into mixed-use spaces, a trend that prioritizes the needs of consumers whose time is valuable as they change the ways they live, work, shop, dine, exercise and socialize.

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Retail Focus

OCTOBER 25, 2023

Retailers have continually adapted to changing consumer demands, technological advancements, and shifting societal values. Looking at retail disturbances in an oversimplified way, the first major disruption in retail was the emergence of department stores. This era was often described as consumer warfare.

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Inside Retail

FEBRUARY 12, 2023

“Last year saw much more awareness brought to new innovations in textile and apparel, particularly on the sustainability front, so this year we’re already seeing lots of development and effort around bringing these innovations to businesses and consumers,” Cintia Nunes, general manager and head of Asia at The Mills Fabrica, told Inside Retail.

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Inside Retail

APRIL 12, 2023

The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. billion Direct-to-Consumer (D2C) shipments by 2030. In recent years, India has emerged as a major market for luxury brands.

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Retail TouchPoints

NOVEMBER 18, 2022

Online search is the top source of gift inspiration, at 43% , followed by friends and family at 35% and within a store at 31%. The top five categories for gift-giving consumers are clothing at 55% , followed by gift cards at 45% , toys at 37% , books/music/movies/video games at 33% and food/candy at 31%. billion , compared with $28.1

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Retail TouchPoints

MAY 15, 2024

Designing the Future of Existing Shopping Malls Repositioning shopping malls to facilitate greater flexibility in usage beyond retail will enable these spaces to adjust to evolving market trends and shifting consumer preferences. This deliberate design ensures that West End can remain adaptable to evolving consumer needs well into the future.

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Retail TouchPoints

OCTOBER 6, 2022

Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). But despite the rush, retailers still have multiple opportunities to maximize both in-store sales and online conversions.

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Mass Relators

JANUARY 25, 2023

WASHINGTON – Consumers are expected to spend $25.9 This year, as consumers embrace spending on friends and loved ones, retailers are ready to help customers celebrate Valentine’s Day with memorable gifts at affordable prices.” More than half (52%) of consumers plan to celebrate and will spend an average of $192.80.

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Retail TouchPoints

MARCH 1, 2024

He compared the level of interest of a consumer who had simply seen a Natori ad on social media to one who had “gone to the website, added something to their bag and abandoned the cart. That’s much more useful [data] than the first consumer. We aren’t blindly retargeting every user,” said Natori.

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Retail TouchPoints

MARCH 6, 2023

An ear-shaped “chandel-ear” designed by Formichetti welcomes shoppers and highlights the brand’s #EarPrint campaign promoting its ear-piercing services. Two dedicated ear-piercing studios in the Paris store also showcase the service, and an in-store content creation studio invites consumers to get creative.

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Inside Retail

AUGUST 16, 2021

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). Founded in 2012, lingerie label Neiwai (meaning ‘inside and outside’) is another direct-to-consumer label that began online.

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Consumer Beauty and Health Fashion Accounting 130

Wiser

SEPTEMBER 18, 2023

The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. Furthermore, the COVID-19 pandemic has played a significant role in this shift, with safety concerns prompting many to avoid crowded department stores. What Back-to-School Items Are a Must for Most Students?

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Inside Retail

APRIL 10, 2024

In an era marked by escalating living expenses and an ever-growing environmental consciousness, consumers worldwide are reshaping their purchasing behaviours, with potentially significant impacts on the retail industry. A birds eye view According to Zuniga, global consumer sentiment is increasingly prioritising sustainability.

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Inside Retail

MAY 8, 2024

We started doing this through a small store in West London, and eventually grew the business into the global marketplace we are today. GG: We increasingly see consumers looking to be more conscious in how they shop. IR : In what ways do you believe Wolf & Badger fills a white space in the retail industry?

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Retail TouchPoints

OCTOBER 11, 2022

Next stop — your favorite department store to pick out an outfit for a work trip later in the week. The store is quite busy, so you flag down a salesperson and they help you check out from a mobile point-of-sale (POS) system. How vulnerable is the data that is stored on said devices? How secure are these mobile devices?

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Inside Retail

JANUARY 3, 2023

Whether it’s a small boutique or a major department store chain, all businesses can harness the potential of this powerful technology. At Amazon, algorithms are used to track consumer behaviour and adapt product recommendations based on a wide range of factors.

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Inside Retail

JUNE 1, 2021

“The Clinique Laboratories concept has been designed with today’s savvy, well-researched consumer in mind, who prioritise individuality and self-expression above all else,” said George Gottl, co-founder and chief creative officer of Uxus. Starbucks US sells stake in South Korean business.

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Department Stores Promotions Fashion Returns 240

Inside Retail

MARCH 13, 2024

The secret sauce The ‘secret sauce’ to the success of retail media is the end client’s ability to target consumers based on actual customer spend, and then the reporting based on sales metrics. Those are two things that no paid media publisher can do,” explains Hopkins. But big box retailers are still getting their heads around it.”

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Retail TouchPoints

AUGUST 27, 2021

Many upscale department store retailers like Selfridges , Galeries Lafayette and Neiman Marcus have employed a heavy “concession” model for years, and others like Best Buy and Tesco experimented too, but like omnichannel customer expectations, COVID-19 accelerated the shop-in-a-shop trend across all types of mainstream retail.

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Retail TouchPoints

JANUARY 25, 2023

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. That means brick-and-mortar is still going strong, and not just because consumers are eager to get out of the house again.

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Retail TouchPoints

APRIL 19, 2021

Retail TouchPoints (RTP) : Why are consumers flocking to livestream shopping? Matt Moorut: Livestream shopping allows consumers to discover new products in a channel that they are already using. For younger consumers, this is an extension of the way they behave online. consumers via this channel? .

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