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.

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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

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Inside Retail

FEBRUARY 25, 2024

Beauty-dedicated retailers like Mecca and Sephora have dominated Australia’s market share along with e-commerce first sites like Adore beauty, but now it appears supermarkets are making a play to enter the space in a more considered way.

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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. Wholesale Price. The Profitable Pricing Formula.

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Inside Retail

JUNE 20, 2021

While the luxury resale market is already growing worldwide and is worth €20 billion globally, according to a report by Berenberg Bank, it is still in its infancy in China, where pre-owned items account for just 3 per cent of the luxury resale business. “[In our case], it was like converting one consumer at a time.”. The conscious consumers.

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Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI. Practical Benefits of AI in Grocery.

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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.

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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.

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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.”

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Retail TouchPoints

JULY 29, 2020

To attract a new generation of shoppers, retailers are looking to redefine go-to-market strategies and reimagine the customer experience inside their physical store locations. Retailers are pushing the envelope to create memorable experiences that gather social media ‘Likes’ and excite and enchant consumers.

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Retail TouchPoints

OCTOBER 22, 2020

Retailers and their shoppers are whiplashed accordingly. This poses unprecedented uncertainties for retail pricing and merchandising teams for the holidays in 2020. Here are some of the issues facing retailers — and ways that they can harness AI-powered pricing and promotions to cope with them productively.

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Retail TouchPoints

JANUARY 3, 2023

ATO attacks cost retailers millions of dollars each year. Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions. They set up identical online shops on spoofed domains and launch paid search ads to sell discounted counterfeit goods.

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Inside Retail

SEPTEMBER 26, 2022

This is important, because for brands setting up shop in virtual worlds such as Roblox, ‘see now, buy now, wear now’ is what users will expect. Fashion marketing has evolved. A Gucci bag in Roblox sold for about US$5,000 ($7,525), more than the retail price of the physical item in store.

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Indigo 9 Digital

NOVEMBER 29, 2022

When they launched Goat, they really hit the right market segment. They went in and addressed a problem that the industry was having, which was fake products and authenticity, the things that made potential customers very leery of buying online,” said George Belch, chairman of the marketing department at San Deigo State University.

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Retail Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. A recent global shopper survey revealed that while 78% of shoppers often or always shopped in-store prior to COVID, by spring 2021 that had dropped by half to 39%.

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Inside Retail

OCTOBER 31, 2023

Impact of inflation on makeup sales The US color cosmetics market has been experiencing strong growth, with a 9 per cent increase in retail sales in 2022. However, it’s important to note that by the end of 2023, total retail sales in the US color cosmetics market are expected to increase by 10 per cent, surpassing US$13.6

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Wiser

SEPTEMBER 5, 2023

When it comes to online retail, pricing strategies can make or break a business’s success. Discounts have been a traditional marketing tactic for as long as commerce itself has existed. On the other hand, free shipping has emerged as a potent marketing strategy in the era of eCommerce.

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Inside Retail

DECEMBER 1, 2021

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. Many pastry shops have struggled to keep pace. The new travel agent.

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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. per cent in March, an indication that retail prices may follow soon.

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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 .

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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.

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Retail Gazette

NOVEMBER 22, 2023

This will benefit around 230,000 small retail, hospitality and leisure properties. 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.”

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Inside Retail

MAY 29, 2023

Loewe and Canada Goose’s entry into the Australian market highlights the resilience of the luxury sector, and reinforces the notion that the affluent are less hamstrung by rising interest rates, and other cost-of-living challenges. All you have to do is walk around Chadstone Shopping Centre and see where the queues are,” Morris said.

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Wiser

DECEMBER 12, 2022

If you work in the retail industry, you’ve likely heard of or encountered a MAP policy. Online shopping has exponentially increased the ease with which consumers can find products and compare prices between different retailers, so MAP has become a crucial aspect of product selling for many manufacturers.

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Independent Retailer

OCTOBER 5, 2022

Just in time for the holiday shopping season, retailers can stock their shelves for below wholesale pricing and make a huge profit. Discount Price: $3 per unit Suggested Retail Price: $15 Minimum Order: 56 units. Retailers can even personalize the StashPak’s by using a dome label. Luxe StashPak.

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Retail TouchPoints

AUGUST 3, 2020

Two years later, as consumers adapted to shutdowns designed to stem the spread of COVID-19, EY recognized that the speed of consumer transformation had greatly accelerated and that new research was needed, explained Jeff Orschell, EY’s Americas Retail Leader and Global Account Leader, in an interview with Retail TouchPoints.

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Retail TouchPoints

OCTOBER 22, 2020

Retailers and their shoppers are whiplashed accordingly. This poses unprecedented uncertainties for retail pricing and merchandising teams for the holidays in 2020. Here are some of the issues facing retailers — and ways that they can harness AI-powered pricing and promotions to cope with them productively.

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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. Henry said the service marks a huge contrast in a market that offers “some of the slowest delivery times in the world”. “By

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Independent Retailer

AUGUST 17, 2022

Retailers of all sizes came to source excess inventory that is hitting the market to fill gaps in their open-to-buy dollars and preview resort and early spring merchandise. . Revolutionizing the Retail Industry. “We The show is experiencing a huge growth in their online presence, with a lot of promotion and marketing going on.

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Indigo 9 Digital

MAY 12, 2022

British-American entrepreneur James Jebbia started Supreme out of a skateboard shop in New York City in 1994. The deal was significant because it was the first time such a large private equity firm invested in the streetwear market. What has led to Supreme’s ascent and dominance in the clothing market?

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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. . Supie concluded: “The commission makes it clear the market is not working. “That was always our ambition.

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Inside Retail

MAY 12, 2021

It’s counterintuitive but consumer shopping behaviour for jewellery during Covid has dramatically increased,” Marty Hurwitz, founder and CEO of data and research company MVI Marketing Ltd., told Inside Retail. The post Why sales of fine jewellery during Covid defied expectations appeared first on Inside Retail.

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Inside Retail

JULY 26, 2021

A recent KPMG report has predicted Hainan to become the world’s biggest duty-free market in the next two years. For luxury travel retail brands, this is an opportunity boon. During shopping festivals in China, they promote brand offers on their personal social accounts, and the company also launched an app “Niaoda” (??)

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Inside Retail

NOVEMBER 24, 2021

Premium sneaker and streetwear retailer Subtype is about to open its fifth store in Brisbane. Here, we speak with general manager Liam Robson about designing the brand’s high-end shops and expanding beyond the Australian and New Zealand markets. . Inside Retail : How would you describe the Subtype brand?

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Inside Retail

DECEMBER 19, 2023

The cost of manufacturing is more expensive, but your retail price can be maintained well because you don’t have to discount it and you have lower costs operating. The retailer doesn’t sit on stock,” added Dean. “The The retailer doesn’t sit on stock,” added Dean. It’s also a lot less wastage.” “The

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Inside Retail

OCTOBER 11, 2021

The original designs Camilla put to the market were, and actually still are, one size, and those silk garments can be tied or styled to suit everyone from a size 8 to 28. Some of our prints sell in the second-hand market for higher than the original retail price, so customers are making an investment. JM: Absolutely.

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365 Retail

MAY 4, 2021

If the customer finds what Moss Bros calls “a keeper” there is the option to buy for up to 50% off the retail price. He added that the Covid-19 pandemic has seen a shift in trends towards sustainable fashion and a move away from the fast-fashion culture of the past, as shops were shut. billion by 2029. Moss Bros / PA).

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