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Aussie supermarkets can expect softer demand ahead, say analysts

Inside Retail

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living. Woolworths said food prices over the September quarter rose 7.3 per cent, while Coles reported a 7.1

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Panic buying is back. Are supermarkets better prepared?

Inside Retail

Videos and images of bare toilet paper shelves have once again surfaced online as consumers fall into old habits, forcing supermarkets to bring back purchase limits on high demand items. Varying approach from supermarkets . We ask that customers stay calm, shop normally and be respectful to our hard-working team members.”.

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Generative AI is supercharging retail, what does this mean for consumers?

Inside Retail

As the driving force behind a new era of hyper-personalisation, efficiency and sustainable retail experiences, its impact on the way we shop cannot be understated. And how will it shape the way we shop? Today’s consumers are craving a truly unique shopping experience. And one of the foremost concerns is security.

Consumer 266
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Albertsons to Launch Smart Shopping Carts at Select Stores

Retail TouchPoints

Albertsons Companies will launch cart-based smart checkout technology later this year at select supermarkets throughout the country, in partnership with Veeve Smart Carts. we are building a link between multiple consumer channels and the brands they trust while keeping customer loyalty central to the experience.”. in a statement.

Shopping 316
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Sustainable shopping: what options are available to retailers?

Retail Focus

If you walk up and down the aisles of supermarkets, clothes shops or even furniture stores, you will notice that more brands are shouting about their commitment to protecting the environment, be it via packaging or marketing messages. Retailers must also consider their consumers, and modern consumers are prioritising sustainability.

Shopping 162
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Are members-only supermarkets the future of grocery?

Inside Retail

Alibaba is expanding its membership-driven hypermarket chain Store X, bringing together its best practices from online and offline shopping, as it seeks to capitalise on China’s burgeoning middle class. Two new stores opened last week, offering a supersized format of Alibaba’s Freshippo supermarkets to paying members.

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Coles’ first-quarter sales increase as shoppers return to stores

Inside Retail

A ‘normalising’ of consumer shopping behaviour and improved availability of products boosted Coles’ first-quarter sales. Supermarket sales increased by 1.6 Supermarket sales increased by 1.6 With customers returning to shopping in-store, e-commerce sales declined by 11.5 per cent to $9.8

Returns 130