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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

The emergence of eCommerce has transformed traditional shopping habits, with a growing number of parents and students turning to online platforms to fulfill their annual back-to-school shopping needs. Understanding these changes and adapting effectively is crucial for retailers who aim to capitalize on this annual shopping event.

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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

People are still searching for things like sofas, but they are looking for more value, which is what we offer,” Coulter told Inside Retail. The brand has also increased its promotional activity and marketing investment. However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We

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This Holiday Season Finds Retailers Racing to Make Early Sales

VMS

The arrival of the all-important holiday shopping season has retailers not just competing with one another to attract customers – they’re are also working to beat the clock, The New York Times reports. They are offering customers deeper discounts before an economic slowdown causes a change in behavior once more.

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Losing Shoppers in the Economic Downturn – Why its not such a bad thing!

Mike Anthony

In simple terms shoppers balance a number of value factors and cost factors in every decision they make. Shopper Economics explains that shopping decisions are a trade off between ‘value’ and ‘cost’. In other words – you need to promote or drop prices to a point where these shoppers are prepared to buy. Free of charge.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Luxury brands are increasingly using customer data and artificial intelligence to offer highly personalised shopping experiences (Economist 2017). By tailoring product recommendations, exclusive offers, and content, we can take into account the customer’s preferences, past purchases, and behaviour.

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The Value Shopper – How to understand shoppers in an economic downturn

Mike Anthony

I mean – beyond the fact that many shoppers will become more price conscious, more likely to seek out deals, promotions and sharp prices? Shopper Economics™ explains how different shoppers make decisions: about where to shop, which categories to buy, and which products to pick up and which to leave.

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Has John Lewis Partnership finally turned a corner with its ‘refreshed’ turnaround plan?

Retail Gazette

Executive director James Bailey says this will include a mix of main and convenience stores, and will focus on areas where the brand is “underserved” “Our optimism comes from research and a lot of work we’ve done to work out where those shops will be and how much demand there is out there.

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