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. The company’s accelerated growth has been propelled by a surge in online shopping and a strategic shift towards a Comparison Shopping Services (CSS) model.

Shopping 98

Shopping ATS Comparison Shopping Retailing Pricing 98

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 regulator’s investigation resulted in identifying more than 700 potentially restrictive leases.

Supermarket 243

Supermarket Checkout Wholesale Consumer 243

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). Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items.

Consumer 130

Consumer Beauty and Health Fashion Accounting 130

Retalon

JANUARY 17, 2022

A good retail pricing strategy is integral – but is it enough? Setting an optimal product price can be a challenging task in today’s dynamic and data-driven retail environment. Missing the mark when setting prices can have a drastic effect on sales and the overall profitability of a retail business.

Retailing Pricing 41

Retailing Pricing Markdowns Promotions Accounting 41

Retail TouchPoints

APRIL 25, 2022

Conscious consumption is on the rise and two big names in retail have launched new programs to tap into the consumer appetite to shop sustainably. Items are available at up 60% off retail prices. eBay UK Features ‘Imperfect’ Products from North Face, Puma and More. ” .

Fashion 250

Fashion Apparel Supply Chain Management Accessories 250

Retail TouchPoints

SEPTEMBER 29, 2022

s Athleta brand has teamed up with ThredUP and Shop Premium Outlets to pilot a new resale program and expand further into the off-price sector, respectively. We’re thrilled to partner with ThredUP on this innovative platform that invites consumers to make a positive environmental impact without compromising on performance or style.”.

Accessories 222

Accessories Apparel Shopping Retailing Pricing 222

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. Those price increases across multiple brands are certainly putting pressure on spending as well.

Planning 246

Planning Wholesale Shipping Location 246

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.

Payment Services 130

Payment Services Consumer Marketing Promotions 130

Inside Retail

FEBRUARY 25, 2024

Beauty products don’t have to be at a luxury price point to deliver results with consumers’ purchase decisions driven by active ingredients, high payoff and a relatable brand. Not everyone can afford high-end prices but we all deserve to carry a little bit of luxury in our handbag.”

Supermarket 130

Supermarket Consumer Retailing Pricing Shopping 130

Wiser

SEPTEMBER 10, 2019

Pricing information is readily available for consumers at any time of day. Whether they’re looking online or in-store, they can find real-time prices in the blink of an eye. To put this in perspective, 96 percent of Wiser survey participants stated that they plan on comparing prices before making purchase decisions.

Consumer 88

Consumer Shopping Advertising Retailing Pricing 88

Wiser

JANUARY 8, 2024

Retail price checks, an essential aspect of retail, involve monitoring and updating the prices of goods within a store. In the pursuit of competitive pricing and high customer satisfaction, these checks must be accurate, efficient, and consistent across all locations.

Retailing Pricing 141

Retailing Pricing Customer Experience Marketing Location 141

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. A noteworthy initiative during the online retailer’s 11.11 A noteworthy initiative during the online retailer’s 11.11

Inventory Turnover 130

Inventory Turnover Fashion Shopping Consumer 130

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.”

Advertising 100

Advertising Consumer Retailing Pricing Shopping 100

Inside Retail

OCTOBER 31, 2023

However, recent research from Mintel suggests that in the US, there is a subtle and evolving perception of value among beauty consumers. This shift in consumer preferences is not only affecting the industry’s dynamic but also has implications for mental health and gender inclusivity.

Beauty and Health 130

Beauty and Health Consumer Retailing Pricing Marketing 130

Retail TouchPoints

AUGUST 17, 2021

Computer vision can track products that consumers remove from the shelves and place in their cart. When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line.

Checkout 305

Checkout Payment Services Customer Experience Inventory Management 305

Retail Focus

FEBRUARY 8, 2024

The evolution of pop-up stores took another significant turn in 2009 when the concept expanded beyond retail to encompass industries such as food and beverage, capitalising on the principles of ephemerality and exclusivity. The inherent buzz and anticipation surrounding pop-up stores further contribute to their appeal for luxury brands.

Merchant Services 147

Merchant Services Fashion Consumer Clienteling 147

Inside Retail

JUNE 20, 2021

It has taken online resale marketplace Retykle a long time to slowly shift Chinese consumers’ superstitious beliefs that buying secondhand clothing is bad luck, according to founder Sarah Garner. “We In our case], it was like converting one consumer at a time.”. The aspirational resale consumer. The conscious consumers.

Consumer 182

Consumer Marketing Accounting Retailing Pricing 182

Inside Retail

JANUARY 21, 2024

According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models. As the battle for market share heats up, industry experts point to the resurgence of Huawei and the patriotism-driven decision-making of some Chinese consumers to return to using domestic brands.

Marketing 130

Marketing Drop-Shipping Promotions Merchant Services 130

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.

Advertising 130

Advertising Retailing Pricing Promotions Shopping 130

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.

Advertising 130

Advertising Retailing Pricing Promotions Shopping 130

Retail TouchPoints

JULY 29, 2020

Increasingly, consumers want to browse and buy with the ease of click, or find products faster using in-store location technologies. Using AI-powered shopping assistants, virtual catwalks and brochures, and 3D product displays can create an entirely new and highly immersive in-store experience.

Payment Services 183

Payment Services Fulfillment Location Checkout 183

Wiser

SEPTEMBER 5, 2023

When it comes to online retail, pricing strategies can make or break a business’s success. The psychological allure of getting a product for less than its original price is undeniably effective, enticing customers to purchase more. Staying on top of consumer behavior is vital.

Shipping 148

Shipping Payment Services Returns Consumer 148

Retail Gazette

NOVEMBER 22, 2023

Hunt said the measures put in place would save the “average independent shop” over £20,000. Rates relief will help to maintain our high streets and avoid potential increases in retail prices.” Rates relief will help to maintain our high streets and avoid potential increases in retail prices.”

Retailing Pricing 102

Retailing Pricing Promotions Consumer Shopping 102

Retail TouchPoints

JANUARY 3, 2023

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. As a result of inflation, fierce competition, excess inventory and changes in consumer behavior, retail profit margins shrunk.

Merchant Services 284

Merchant Services Payment Services Accounting Checkout 284

Inside Retail

DECEMBER 1, 2021

Innovative solutions emerged, inspiring consumers to step out and experience them. And in a market where convenience is key, vending machines have provided an accessible channel for consumers of far more than just soft drinks. Also, a famous gyoza (fried dumpling) shop now sells its products over the counter, but via vending machines.

Returns 130

Returns Point of Sale Wholesale Consumer 130

Inside Retail

MAY 12, 2021

With exciting overseas holidays and drinking and dining off the cards in the past year, some consumers are now indulging in other ways and spending their money on discretionary categories such as fine jewellery, which has seen a rise in sales during Covid. told Inside Retail. The company saw a 29 per cent increase year on year to €714.3

Fast Fashion 234

Fast Fashion Fashion Payment Services Consumer 234

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. Selling Price. Template for Pricing Handmade Goods.

Wholesale 128

Wholesale Retailing Pricing Shipping Accounting 128

Inside Retail

DECEMBER 19, 2023

This is known as pre-consumer waste and includes scraps, offcuts, and rejected garments that are discarded during the production stage. Meanwhile, sustainable fashion business models like resale, rental and repair only unravel the post-consumer garment waste problems. The retailer doesn’t sit on stock,” added Dean. “The

Fashion 130

Fashion Markdowns Apparel Fast Fashion 130

Inside Retail

DECEMBER 16, 2021

The pair said they want to disrupt the nation’s $122 billion a year grocery industry by delivering grocery orders within 15 minutes and doing away with the need for consumers to carry out a weekly shop. By owning our own supply chain, Voly delivers at blazing fast speed without compromising on price, quality or availability.

Supermarket 130

Supermarket Fulfillment Retailing Pricing Consumer 130

365 Retail

FEBRUARY 8, 2024

These rewards can be used to offset shopping costs or donated to the STV Children’s Appeal, a charity Lidl has proudly supported since 2011. The scheme encourages consumer participation in reducing plastic pollution by accepting an unlimited number of qualifying bottles and cans from any retailer, provided they are clean and uncrushed.

Returns 67

Returns Supermarket Retailing Pricing Consumer 67

Inside Retail

AUGUST 8, 2021

Founder Rob Adams began exploring contactless grocery delivery during the first wave of Covid-19 last year as a solution for vulnerable members of the community, but soon realised there was strong demand for fresh local produce that could be bought at the same price as a supermarket without the long queues and crowds. Send shops .

Supermarket 130

Supermarket Fulfillment Wholesale Shopping 130

Inside Retail

MAY 29, 2023

Despite many consumers cutting back on discretionary goods amid financial pressures, LVMH’s oldest luxury fashion house, Loewe , has opened a new store in Melbourne’s CBD. This is underpinned by positive consumer sentiment, and the perception that formal attire would become a more popular option in non-formal settings.

Department Stores 130

Department Stores Fashion Location Apparel 130

Inside Retail

MARCH 8, 2022

Consumers are not being served well by the New Zealand grocery duopoly, according to the Commerce Commission – but it stopped short of any major recommendations in the final report into the grocery market tabled this week. . Requiring grocery retailers to display unit pricing in a consistent format. Suite of recommendations.

Wholesale 130

Wholesale Supermarket Consumer Checkout 130

Retail Gazette

JULY 5, 2023

fine last year when it was found to have engaged in “cartel activity” by fixing the retail price of Rangers football shirts. fine following a secret meeting with Footasylum CEO, and former JD chief executive, Barry Bown at a time where the CMA was investigating JD’s potential acquisition of the footwear retailer.

Retailing Pricing 103

Retailing Pricing Management Consumer Shopping 103

Retail Gazette

OCTOBER 9, 2023

UK Christmas retail growth is predicted to increase by just 3.4%, compared to the 6.2% hike in retail prices, according to the data analytics company. jump last year, GlobalData forecasts. The growth slowdown comes as shoppers face a 9.3% in the second quarter.

Retailing Pricing 57

Retailing Pricing Consumer Shopping ATS 57

Inside Retail

MAY 22, 2022

And despite the importance of hypermarkets and the rapid growth of e-commerce in tech-crazy Korea, department stores are an important and venerable part of the country’s retail tradition. If you like style and tradition, then these are your shopping destinations. The Consumer Price Index was up 4.8 trillion KRW ($2.1

Department Stores 130

Department Stores Apparel Specialty Store Wholesale 130

Retail Gazette

NOVEMBER 17, 2023

In her new monthly column, broadcaster and consumer expert, Kate Hardcastle MBE – also know as The Customer Whisperer – highlights the retailers making moves to really help shoppers – and those that need to go back to the drawing board. Customer yeh: Club Pret – more coffee anyone?

Returns 67

Returns Consumer Fashion Retailing Pricing 67