Inside Retail

SEPTEMBER 25, 2023

The Australian Consumer and Retail Studies (ACRS) unit at Monash University surveyed 1001 shoppers across Australia last June, asking them questions about the cost of living and consumer deviance. Basket sizes of most of the shoppers are the same in the last six months.

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Retail Minded

JANUARY 18, 2024

As needs and the finance landscape evolved, credit and consumer spending became a formal deed. Many historical data show that higher interest rates can translate to much better returns on savings accounts. Finding a bright spot in the finance world is more like it–encouraging a shift towards a more savings mindset in people.

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Retail TouchPoints

NOVEMBER 3, 2023

It is not surprising to see holiday sales growth returning to pre-pandemic levels,” said Matthew Shay, President and CEO of the NRF in a statement. Overall household finances remain in good shape and will continue to support the consumer’s ability to spend.” consumers spent online during holiday 2022. for the Nov.

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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. year-on-year, which fell short of the CPIH inflation rate of 4.2% and was lower than November’s growth of 2.9%.

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Retail Minded

FEBRUARY 20, 2024

In this guide, we’ll explain why store credit credits are a great option for consumers. You’ll find special offers, rewards, and financing options whenever you shop at participating locations. Store credit cards and general-purpose credit cards each serve their own distinct role in the consumer finance landscape.

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Inside Retail

JANUARY 19, 2023

Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them. Rather than talking about what we do when we’re out there, it’s about how it makes us feel.”

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A1 Retail

JANUARY 10, 2023

The Barclays report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 4.4 percent rise in consumer price inflation. percent year-on-year in December – slightly higher than November (3.9 percent) but well below the 9.3

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Retail TouchPoints

NOVEMBER 16, 2022

Last year, consumers reported spending more than $23 billion shopping small on Small Business Saturday, and we want to exceed that in 2022.”. It will integrate directly with Square’s solution ecosystem, empowering sellers to organize their finances and manage cash flow from the same platform they use to run their business.

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Rangeme

FEBRUARY 8, 2022

If you’re like many small- and medium-sized businesses, allocating financial resources to cover set expenses, investments, and finance growth strategies is where creativity and resourcefulness are needed. Explaining Inventory Financing. What is inventory financing? Inventory Financing through Kickfurther.

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A1 Retail

FEBRUARY 6, 2024

However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within their means reached its highest point in over two years. percent), as UK consumers returned to their regular routines after the Christmas break. percent, yet higher than December’s growth of 2.3

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Retail TouchPoints

OCTOBER 18, 2022

Miller is a retail and consumer finance veteran with over 30 years of experience at corporations including Sears , DFC Global Corp, Aramark , Nestle and Kraft. I am excited to return to Conn’s and help the company reestablish its core customer value proposition,” said Miller in a statement.

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A1 Retail

SEPTEMBER 27, 2023

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

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Inside Retail

APRIL 29, 2024

With advances in AI poised to power the next generation of customer experience, retailers would be wise to increase their focus on personalisation and optimisation to meet consumer expectations. The nation’s consumers reported the highest level of satisfaction with digital commerce in healthcare at 43 per cent, above the global average of 33.4

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Rangeme

SEPTEMBER 9, 2021

When it comes to growing your consumer packaged goods brand quickly, raising cash to create product inventory for retail buyers to place purchase orders is a must. When Poop Like a Champion, a supplier on RangeMe, was looking for a finance service provider in RangeMe Services, they came across Kickfurther. First step?

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Retail TouchPoints

DECEMBER 5, 2023

But their return to our shores after the pandemic has been far slower than Americans’ — flight bookings are down around 50% of pre-pandemic levels. This means that marketing spend aimed at these high-spending visitors over Christmas is likely to get less return than usual.

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VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. The 2021 total rate of returns (16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8

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Retail TouchPoints

JANUARY 23, 2024

It’s still too early in the year to answer this critical question, but there were some clear, overarching themes that emerged from Big Show sessions, booth campaigns and conversations, indicating that retailers may be investing in the innovation they need to win consumers’ hearts, minds and wallets. The top five themes include: 1.

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Retail TouchPoints

MARCH 1, 2024

For example, by specifically retargeting those customers who had added to their online carts over the previous 30 days, and spotlighting the specific items they had browsed or put into their carts, Natori achieved a Return on Ad Spend (ROAS) of 943% in Q3 2023. That’s much more useful [data] than the first consumer.

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Retail TouchPoints

APRIL 25, 2023

Klarna has redesigned its entire app to make the shopping and finance services easier to use, dividing the program into five tabs: Shop , Purchases , In-Store , Budget and You. consumers, according to a survey by Klarna — can connect with customer service agents through Ask Klarna, a free personal shopping service.

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365 Retail

DECEMBER 15, 2022

At least one of the presents under the Christmas tree this year could be an unwanted Black Friday deal, that’s according to new research from Novuna Consumer Finance , which found that a third (30%) of Black Friday shoppers will regift items this Christmas they regret buying for themselves. .

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Retail TouchPoints

JUNE 7, 2023

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. That’s according to a recent study by the ICSC that surveyed Gen Z consumers, defined by the Pew Research Center as those born between 1997 and 2012.

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Retail TouchPoints

FEBRUARY 27, 2024

A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand.

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Retail Next

OCTOBER 23, 2019

Having a clear return policy in place is good for your business. Research shows that 27 percent of consumers are willing to make a significant purchase from a store that offers free return shipping. Unfortunately, returning products has become a bad habit of so many consumers. This is called “ bracketing.”.

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Retail TouchPoints

SEPTEMBER 18, 2023

Financing and financial insights : Last year sellers borrowed more than $2 billion through Amazon Lending’s third-party partners. The new Veeqo Credits program will also give Amazon sellers up to 5% back on eligible shipments as a further incentive to choose the solution. Now qualified sellers can borrow more, up to $5 million.

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Retail TouchPoints

SEPTEMBER 2, 2022

Based on social media analysis on consumer sentiment. Approximately 40% to 60% of consumers cite plastic packaging as an important aspect of sustainable consumption. Preventing, Reducing and Managing Returns. Ecommerce returns rates are on the rise, growing by 95% between 2014 and 2019. Remote Working.

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Retail Focus

DECEMBER 5, 2022

With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions. Attractive to younger generations, leisure can help to bring physical commerce back to consumers who strayed from it during COVID.

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A1 Retail

NOVEMBER 9, 2021

Spending on essential items saw a smaller uplift than September, as fuel spend returned to modest growth after last month’s surge. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. per cent, as fuel spend returned to modest growth (5.5

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Inside Retail

OCTOBER 19, 2023

In an exclusive interview, Nick Ramsay, CEO and co-founder of Circular, shared a glimpse into the company’s rapid growth, its upcoming initiatives, and its vision to reshape consumer tech habits for the better. Circular also has business offerings for SMEs and startups that are underserved by traditional financing and leasing options.

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Mass Relators

AUGUST 2, 2021

CHICAGO – Consumer sentiment is on the rise after the unprecedented circumstances of 2020 took a toll on the financial health of many Americans. The Consumer Sentiment Index is up seven points in July 2021 compared to July 2020. IRI anticipates younger consumers will buy even more pet products in the coming year.

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Inside Retail

DECEMBER 17, 2023

Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances. Such economic strain is leading to behavioural changes in the way consumers are shopping and planning their festive budgets. But this shouldn’t just be a retail race to the bottom.

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A1 Retail

MARCH 8, 2022

The travel sector, while still in decline, had its best month since before the pandemic, as a third of consumers report making holiday plans a priority. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 13.7

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365 Retail

JULY 6, 2022

The third annual report on sign-up products and services by Barclaycard Payments reveals how the subscription economy has evolved as the cost of living starts to impact consumer spending, following the huge growth seen during the pandemic*. Changing consumer preferences.

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A1 Retail

NOVEMBER 9, 2022

The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 3.5 per cent rise in consumer price inflation – as the cost-of-living crunch continues to put pressure on Brits’ personal finances.

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A1 Retail

MARCH 29, 2023

Slow refunds are never ideal, let alone against an ongoing cost of living crisis, where the need for cashflow has become crucial in helping consumers navigate this difficult climate. With purse strings tighter than ever, delays in refunds have become a major point of contention for consumers. It’s a clear win-win situation for all.

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A1 Retail

DECEMBER 7, 2021

Concerns remain over personal finances, with nine in 10 Brits worried about rising household and energy bills. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 16.0

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A1 Retail

MAY 10, 2022

per cent year-on-year, with nine in 10 concerned about the impact of rising household bills on their finances. Takeaways, nights out and subscriptions all had smaller uplifts than in March as rising prices led to changes in consumer behaviour. Consumer card spending grew 18.1 per cent, department stores returned to growth (1.3

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365 Retail

MAY 9, 2023

Consumer card spending grew just 4.3 per cent) – as rising costs continue to place pressure on Brits’ finances. This comes as nearly nine in 10 shoppers (89 per cent) say they are concerned about the impact of rising food prices on their household finances, while 67 per cent are looking for ways to reduce the cost of their weekly shop.

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