Sat.Jul 29, 2023

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Analysis: How white-collar wage cuts in China are hurting consumption

Inside Retail

Cola Yao earns 40 per cent less than last year promoting credit cards for a Chinese state-owned bank, so she buys fewer clothes, less make-up and has cancelled her child’s summer swimming classes. “The cut is severely affecting my life in every aspect,” said Yao. The unexpected austerity comes on the back of China’s slowing economy , complicating efforts for Communist Party leaders who pledged this week to boost workers’ incomes to revive household consumption, a ma

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

Retail Minded

I decided to switch to reusable bags instead of plastic ones, and I’m tote-ally okay with it. Well, that isn’t just a fun wordplay; it’s a statement that perfectly captures how the winds of change are sweeping across the marketplace. The retail landscape is undergoing a monu mental shift, and the numbers prove it. According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities.

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SodaStream and John Lewis to take the UK by storm

Retail Gazette

With consumer demand for effortless hydration whilst being sustainable, sparkling water makers like SodaStream are a retailers’ must have In recent years, there’s been a noticeable shift towards conscious consumption as people have become more aware of the impact their choices have on the environment and their own well-being. It’s imperative that retailers provide a solution that solves both needs, which is why this Summer, SodaStream has launched an exclusive ‘Shop in Shop’ experience at John L

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

Retail Minded

I decided to switch to reusable bags instead of plastic ones, and I’m tote-ally okay with it. Well, that isn’t just a fun wordplay; it’s a statement that perfectly captures how the winds of change are sweeping across the marketplace. The retail landscape is undergoing a monu mental shift, and the numbers prove it. According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.