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Indian retail conglomerate Reliance Retail has introduced an app in India to sell Sheins fashion products through a licensing agreement, marking the Chinese brand’s return after a five-year ban due to diplomatic tensions. Prices start at 350 rupees ($4) for dresses. The sector grew at a rate of between 30 and 40 per cent.
In the age of omnichannel retail and ever-expanding social media channels, retailmarketing has never been more complex than it is today. The revival plan has also aided in welcoming in a new wave of customers. This story first appeared in the March 2025 issue of Inside Retail US magazine.
In a press release, Jean-Marc Bellaiche, Printemps Groupes chief executive officer, stated, “We think we can bring something unique, both to its engaged local consumer base and the strong tourist flows the city welcomes We plan to pioneer a new format of experiential retail in this fast-changing and demanding market.”
Recalibrating social media Retailers might not be seeing a return on investment from Meta and Google because theyve let ads become their entire marketing strategy instead of what they should be an accelerator, according to co-founder of digital agency Ecom Nation Mal Chia.
Trends in the Commercial Investment Market The retail real estate market was a focal point of this years MAPIC, with a strong emphasis on investors perspectives regarding retailmarket trends and outlooks. These sessions revealed an optimistic vision of the resilience of retail as an asset class.
Borchert said the group is prioritising its Pepco format as the “single future format” for the business, with plans to divest from fast-moving consumer goods (FMCG) and streamline operations. The move comes after a difficult trading period for Poundland, which has struggled amid an increasingly competitive UK retailmarket.
From customer transactions to inventory management, retailers need to be able to manage, integrate and govern their data to make informed decisions that drive growth and profitability. Many vendors are now launching retail-specific data management solutions in response to this demand. MDM should be part of your plan for 2025.
Direct Purchase of Commercial Property The SSAS itself can directly purchase commercial properties, such as warehouses, retail outlets, or office space, and lease them back to the business. Here’s why it gets interesting: first, the rental returns received by the SSAS business are exempt from income tax.
The US luxury retailmarket was worth US$134.6 billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. The brand plans to increase the number of locations from four to 24 by the end of next year.
Since it is a time when Thais return home to spend time with their families outside the major cities where they have found employment, the spending tends to be fairly well distributed around the country rather than concentrated purely in the big cities. And get some retail therapy at the same time. billion Thai baht (US$4 billion).
“These changes will position the business for long-term success and ensure that Marks Electrical is well placed to benefit when broader market sentiment picks up, giving us even greater vertical integration, improved visibility and enhanced automation, further enabling us to deliver growth, returns and value for all our stakeholders.”
To support the new wholesale push, Nike is in the process of hiring retailmarketing, visual merchandising and account management employees with the goal of having elevated presentations, better consumer connections and increased sell-throughs. Hill also changed 11 of his 15 direct reports. It’s time to turn the page.”
These agencies bring expertise, established relationships, and credibility to help your brand penetrate retailmarkets. Sometimes, the very agency you trusted to drive your retail success may start holding your business back. Protect Your Retail Relationships Your retailers are integral to your business.
Pets at Home has lowered its profit guidance for the year as it anticipates softer trading amid a more “subdued” retailmarket. growth in its vet business offsetting a 3% drop in its retail division. The pet specialist saw group revenue slide 1.9% to £435m in the 16 weeks to 17 July, with a 6.2% of consumer revenue.
Identifying meaningful insights from retail partner apps – Woolworths Compass and Coles Portal and actioning in real time increases availability and prioritises key stores to target. Genuine return on investment modelling. Increasing return on investment for clients is a key focus for Strikeforce. Predictive scenarios.
Google’s management solution appears to be aimed at the small- to mid-sized retailermarket, an already hotly contested territory being fought over by Shopify, with its Shopify Fulfillment Network offering two-day delivery and promising smooth returns, and Amazon with its FBA (Fulfillment by Amazon) services for its marketplace sellers.
As travel picks up in Southeast Asia, retailers, brands and marketers are revving up promotions and campaigns to encourage consumers to splurge on impulse purchases. “We In this context, the role of the travel retail exclusive is more important than ever,” she added.
Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. ” How Nike Refurbished works.
Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Returning to its roots. That is one of the reasons we see an opportunity.”. Owning the last mile.
The NRF reported that 122 million people visited retail stores over Thanksgiving weekend last year, a 17% YoY increase during this five-day period. This is a promising sign, as Forbes found that not only has in-store shopping returned to pre-pandemic norms, but ecommerce also grew at the same time. billion online!
Most retailers have heeded their digitally savvy consumers’ demands, embedding connected technology into their storefronts to varying degrees. By 2030, the smart retailmarket will be worth $91.36 Pros and Cons of Smart Stores Smart retail storefronts have had varied success across segments and companies.
One silver lining though all of this has been the emergence of zero-party data in retail’smarketing arsenal. Sabina Klein is VP – RetailMarketing at Jun Group , where she leads shopper marketing sales and strategy.
Brands and retailers are feeling mounting pressure — from consumers, shareholders and even their boards — to be more inclusive. More and more, that means rethinking product development and expanding their sizing and assortment planning to represent a wider range of sizes and body shapes. Challenge 2: Planning and Allocation.
According to one recent survey from ShipStation, 66% of consumers prefer contactless returns. These and other trends are pushing many retailers to innovate on the fulfilment front. Answering these and other key questions can help ensure brands and retailers stay at the forefront of a constantly shifting e-commerce environment.
From one analyst’s perspective, the Australian mergers and acquisitions landscape is considered to be relatively subdued, but there are signs that confidence in the market is returning. According to experts, the private equity investment market currently has substantial unspent cash reserves waiting to be invested locally.
RevTech Ventures , an early-stage venture capital firm that invests in both retailers and retail technology, sees potential in numerous areas. “We Investors are looking for capital-efficient consumer businesses; there’s been a return to looking for good unit economics and business fundamentals.”
A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. The ever-changing retailmarket has made automation a necessity. Anshuman Agarwal is a seasoned leader in the ecommerce and retail technology industry.
The layout is created to be fully flexible: not only can it be changed frequently, but its elements can eventually be brought to LEGO stores of all sizes, including third-party retail partners. LEGO said it plans to open 120 more stores year, some of which will feature elements of this new store design. Building Lifelong Fans.
The convenience of in-store returns or in-store pickup of online orders provides extra opportunities for making a positive impression, brand engagement and additional in-store purchases. A worst-case scenario for retailers occurs when shoppers leave their stores disappointed or frustrated because they may not return.
Amazon can display larger items, on which return rates are high, and which can benefit from such showrooming. Amazon also has plans for a foray into retail grocery, a model quite different from that of Whole Foods. This could lead to higher retailmarket concentration and lower competition.
RevTech Ventures , an early-stage venture capital firm that invests in both retailers and retail technology, sees potential in numerous areas. “We Investors are looking for capital-efficient consumer businesses; there’s been a return to looking for good unit economics and business fundamentals.”
products, combined with the sheer size of the Chinese market, make the potential hard to ignore : “It’s an opportunity for Western brands to find a faster-growing market than the one they’re currently operating in. We test and learn as much as possible leading up to the event and then lock in a plan and hang on for 11.11.”.
In today’s competitive and connected retailmarket, one mistake or delay can result in losing ground to a competitor. One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. What is a Retail ERP System? That is not all.
Retailmarketers should create posts that look to the future, rather than the past or present, in order to make the most of this. Retailers need to consider not just the video itself but also how to precisely identify their plan for connecting with users. “We The key for making the most of marketing on these platforms?
A customer searching for a new pair of shoes can start by browsing personalised recommendations on the retailers website, continue their engagement through a synchronised mobile app with push notifications and inventory checks, and receive personalised assistance in store. Traditionally, supply chains would increase labour to meet volume.
Eager to support their partner’s enthusiasm, the retailer awards them highly coveted shelf space. Everyone celebrates and quickly starts planning the ribbon-cutting ceremony. Finally, they press play on a reel of Getty Images cut to U2’s Beautiful Day (all apologies to U2) and they’re off and running. It just sits there.
In today’s complex retail landscape, chief marketing officers (CMOs) find themselves in a perpetual balancing act. You need to drive growth, deliver compelling customer experiences, and demonstrate a tangible return on investment from your marketing initiatives.
The good news is that many digital retailmarketers are successfully operating with agility. retailers, revenue across shopping and paid search campaigns grew 26% year-over-year in April, while return on ad spend (ROAS) improved 33%. What was once predictable is now actively in motion. Learn From: House & Home.
If they really want to be sure that they’ll receive the gift in time for Christmas, Hanukkah or whatever they’re celebrating, they need ample time for shipping,” said Rose Spicer, Global Senior Director of Oracle RetailMarketing at Oracle in an interview with Retail TouchPoints.
on a like-for-like basis in its first-half results for FY25, despite operating in a “subdued” retailmarket. Looking ahead, Pets At Home expects the current subdued market conditions to persist throughout the second half of FY25, and has lowered its profit growth expectations as a result. to £789.1m, up 1.6%
“[Marketers that have thrived during the pandemic] know their old beliefs about customer preferences — and by extension, how they connect with their customers — are less relevant. They] are committed to making a wholesale shift to adapt everything they do — insight, data, engagement, responsiveness.”.
currently Amazon captures just 1% of the worldwide retailmarket. Despite all the talk of the rise of ecommerce, most retail in the U.S. These new offerings join a number of services that have already been available in global markets, including Fulfillment by Amazon and product listing translation services.
The 7-Eleven Holdings board’s decision to seek a buyer for its network of about 750 retail outlets continues a seismic restructuring of the convenience retailmarket in Australia. The decision by the leading retail franchisor and Australia’s largest private company in fuel sales should have caught no one by surprise.
Retail businesses face constant challenges, from fluctuating market conditions to changing consumer demands. Smart financial planning is essential to navigating these challenges effectively, ensuring smooth operations, and ultimately driving growth. This transparency enables quicker decision-making and better financial planning.
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