Inside Retail

JUNE 28, 2023

Asic made the interim orders to protect consumers from acquiring pet insurance products that may not be consistent with their objectives, financial situation or needs,” the regulator said in a statement. The post Woolworths, Petbarn forced to suspend pet insurance after Asic probe appeared first on Inside Retail.

Target Market 246

Target Market Consumer Marketing 246

Wiser

NOVEMBER 29, 2023

Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. These two promotional strategies, while aiming to stimulate demand and increase sales, target distinct audiences and employ different methods. What is Trade Promotion?

Promotions 146

Promotions Consumer Wholesale Advertising 146

Wiser

MAY 8, 2024

In the dynamic world of retail, successful execution strategies require a fine balance between high-level planning at headquarters and on-the-ground actions at the store level. This guide delves into the nuances of each level’s contributions and outlines how a cohesive approach can drive retail success.

Accounting 78

Accounting Management Planning Promotions 78

Retail TouchPoints

JUNE 9, 2023

Retail TouchPoints’ 2023 Store Design & Experience Survey found that store design teams are laser-focused on implementing more creative visual merchandising methods ( 90% ) and using technology more thoughtfully to support in-store engagement ( 63% ).

Visual Merchandising 280

Visual Merchandising ATS Customer Experience 280

Retail TouchPoints

MAY 2, 2023

Tuesday Morning has received permission from a bankruptcy judge to wind down its operations after nearly 50 years in business despite an objection from one of its investors. The off-price retailer also obtained a commitment from Invictus Global Management to provide $51.5 1, 2022, saw net sales of $157.1 compared to Q1 2022.

Merchant Services 210

Merchant Services Finance Location Planning 210

Retail TouchPoints

APRIL 3, 2023

stake in the retailer and has been pushing for change since 2020. It also is seeking the replacement of four board members at Seven & I’s upcoming annual meeting, and has posed a number of questions for the retailer, including: Which strategic alternatives were quantitatively considered? Why not pursue a sale of the whole company?

Management 207

Management Store Operations ATS 207

Inside Retail

DECEMBER 11, 2023

Welcome to December and the chance for retailers to redeem themselves with customers. Historically, the highest retail sales and earnings were generated in December in the weeks leading to Christmas and the following Boxing Day sales. Short-term gain for long-term pain?

Customer Experience 147

Customer Experience Promotions Returns Shopping 147

Retail TouchPoints

FEBRUARY 19, 2024

With this uncertainty in mind, I spent time on Saturday, November 25, 2023 seeking out early ecommerce sales data from Black Friday to gain a clearer understanding of how the market was performing. According to online shopping data from Adobe Analytics , Black Friday sales were $9.8 of online sales (vs. of online sales (vs.

Marketing 253

Marketing Marketing Spend Advertising Management 253

Inside Retail

FEBRUARY 16, 2023

At the time, founder McCall said she had to make the decision to edit down the business “with the objective of building a more sustainable business model for the future”. It also retailed online from its own site and through The Iconic.

Fashion 245

Fashion ATS Accessories 245

Retail TouchPoints

MARCH 17, 2023

The retail store, on the other hand, appeared further down the road in ancient Greece, where merchants sold goods in the Agora city center. Reintroducing NFTs for Retail Selling digital products to consumers is not new. But the difference between a digital product and an NFT is critical to the retail experience.

Merchant Services 282

Merchant Services Consumer Accessories Advertising 282

Retail TouchPoints

SEPTEMBER 21, 2023

While collaborations have always been part of the brand marketing playbook, the multiple facets (and attendant hype) generated by the Barbie movie marketing machine has reinvigorated retailers and inspired them to get even more creative with their partnerships. There has to be a win-win objective for the collaborators,” Amlani said.

Marketing 199

Marketing Consumer Promotions Wholesale 199

Retail TouchPoints

APRIL 3, 2024

Digital signage is a great way for retailers to capture customers’ attention and keep them informed about new deals and products. However, digital signage can only achieve its desired objectives by consistently displaying relevant and up-to-date content. So how do you go about creating a content calendar?

Promotions 267

Promotions Customer Experience Point of Sale Accessories 267

Retail TouchPoints

NOVEMBER 13, 2023

August’s overall retail sales in the U.S. However, the overall data masks some key data points that may be of concern to retailers, including data showing declines in discretionary categories such as furniture (-1.0%) and sporting goods (-1.6%). showed continuing resilience, with actual growth of 0.6% year-over-year.

Consumer 290

Consumer Merchant Services Sporting Goods Promotions 290

Retail Focus

APRIL 4, 2024

Smart Works’ series of pop-ups with Shaftesbury Capital have raised over £200,000 across 85 trading days, seeing over 2,300 sales and 835 dedicated volunteer hours. The post Shaftesbury Capital celebrates successful partnership with Smart Works appeared first on Retail Focus - Retail Design.

Accessories 147

Accessories Fashion Shopping Consumer 147

Retail TouchPoints

NOVEMBER 28, 2023

When you imagine retail media’s place in a marketing funnel, do your eyes look toward the bottom? If so, you may miss out on the full-funnel benefits of retail media networks (RMNs). Siloing these objectives into separate media channels with competing budgets leaves value on the table and hurts overall results.

Social Commerce 218

Social Commerce Advertising Marketing Consumer 218

Inside Retail

APRIL 4, 2023

The merger will also create a network of more than 1000 convenience retail outlets which also includes the Coles Express convenience stores and Liberty Convenience businesses. The introduction of OTR’s superior convenience offering, including quick-serve restaurants, will help revolutionise the diversity and attraction of our retail offering.

Wholesale 245

Wholesale Store Operations 245

Retail TouchPoints

MARCH 26, 2024

2024 introduces distinct challenges for retail brands navigating data privacy amidst Google’s removal of cookies. This privacy-friendly approach empowers retail brands to create hyper-personalized targeting tactics, fostering genuine connections while respecting user privacy. The question remains: where and how should they begin?

Advertising 232

Advertising Apparel Consumer Marketing 232

Retail TouchPoints

MARCH 18, 2022

NFTs are individually certified, verifiable and non-interchangeable objects. Recently, retailers like Nike, Adidas and Under Armor have entered the NFT arena with digital goods like virtual sneakers and they were very successful with their early drops. The Impact of NFTs on Brands. What’s so special about this particular NFT?

Marketing 267

Marketing Advertising Promotions Fashion 267

Inside Retail

JANUARY 26, 2022

Premier Retail says it achieved a modest increase in sales for the half year to January 29, despite losing 42,000 trading days to Covid-related lockdowns and movement restrictions. Despite widespread store closures, Premier Retail estimates sales were up by 0.5 “It is not the group’s objective to close any stores.

Accounting 244

Accounting Shopping Planning Consumer 244

Retail TouchPoints

FEBRUARY 27, 2024

In the last several years, retailers have increased the speed with which they have built online and mobile app presence. With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital security.

Payment Services 245

Payment Services Wholesale Store Layout Inventory Management 245

Retail TouchPoints

APRIL 30, 2024

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. This has so far been extremely useful for retailers to manage inventory and monitor products in cases of shoplifting.

Checkout 233

Checkout Customer Experience Merchandise Store Consumer 233

Shopify

AUGUST 7, 2023

Setting sales goals will help you build a profitable retail business. Here are tips to help you and your team achieve and surpass your sales objectives.

97

97

Wiser

APRIL 25, 2024

In retail operations, the interaction between category management and price optimization teams is key to staying competitive. This dynamic, often marked by a nuanced blend of cooperation and conflict, plays a crucial role in a retailer’s ability to grow sales, maintain competitiveness, and satisfy customer demands.

Management 78

Management Markdowns Marketing Promotions 78

Wiser

APRIL 16, 2024

Category management in retail has evolved significantly over the past two decades, reflecting broader changes in technology, consumer behavior, and market dynamics. Retailers relied heavily on historical sales data, consumer surveys, and rudimentary analytics to make decisions about which products to stock and how to organize them.

Management 78

Management Promotions Consumer Accounting 78

Retail TouchPoints

MARCH 25, 2024

The Must ShopTV program uses AI technology from KERV Interactive to identify objects in a scene and find similar items available for sale at retail partners or on NBCU’s own third-party marketplace, NBCUniversal Checkout. These offerings are presented to viewers throughout the show in the form of QR-enabled shoppable ads.

Checkout 244

Checkout Advertising Marketing Shopping 244

Retail Gazette

JANUARY 10, 2024

rise in like-for-like sales over the golden quarter as its turnaround plan continues to bear fruit. The department store retailer saw UK sales surge to £3.6bn in the 13 weeks to 30 December, driven by market-leading growth in food and a strong performance in womenswear. M&S saw food sales rocket 10.5%

Department Stores 124

Department Stores Value Offer Planning Marketing 124

Retail TouchPoints

JUNE 9, 2022

With supply chain challenges rampant worldwide, many brands and retailers are focusing on consistent, even proactive, communication to address the demand side of the equation. Retail TouchPoints (RTP): How can marketing and, specifically, social media help brands better manage consumer demand?

Consumer 353

Consumer Marketing Promotions Management 353

Retail Gazette

MAY 14, 2024

Pre-tax profits for the specialist fishing tackle and equipment retailer have rocketed to £1.5m Sales jumped 10.2% in European online sales. Angling Direct chief executive Steve Crowe said: “The last 12 months have seen Angling Direct further expand its market share and grow sales, despite the continued industry headwinds.

Planning 52

Planning Marketing Consumer 52

Retail TouchPoints

APRIL 16, 2024

Customer satisfaction and loyalty are paramount in today’s competitive ecommerce landscape, since customers have countless brands, retailers and marketplaces to choose from. It doesn’t consider quantitative metrics like sales figures or revenue, focusing only on customer responses.

Promotions 147

Promotions Consumer Checkout Wholesale 147

Inside Retail

MARCH 11, 2024

While Australia has its own unique retail ecosystem, the ripples of what happens in the US often hit our shores. This advertising onslaught from these ‘new economy’ players is set to become the latest wave of impact on established Australian retailers. That typically includes the ‘Super Bowl of advertising’: the actual Super Bowl.

Advertising 278

Advertising Marketing Consumer Returns 278

Retail TouchPoints

JANUARY 1, 2024

With retail crime rising across the United States, many retailers are frustrated by the challenge of curbing the effects of organized and ad-hoc theft. Retail operations are complex and interconnected; there are no isolated decisions. It’s a natural response, and it’s guided by sound logic.

Loss Prevention 233

Loss Prevention Checkout Point of Sale Location 233

Wiser

MAY 8, 2024

In today’s competitive retail landscape, the ability to effectively manage trade spend is critical for brands aiming to drive profitable growth and enhance consumer engagement. Rebates: Manufacturers provide rebates to retailers based on sales performance, motivating them to sell their product.

Accounting 78

Accounting Promotions Returns Management 78

Inside Retail

MARCH 14, 2024

According to Australian Growers, “information sharing” is key, and “regulating price mark-ups from paddock to retailers’ shelves is a crucial step towards providing the transparency we desperately need.” Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.

Supermarket 261

Supermarket Accounting Grocer Checkout 261

Retail TouchPoints

AUGUST 5, 2020

Eye tracking is a common way for retailers to research buying behavior, but until recently eye trackers have been extremely limited in scope. This is leaving retailers in the dark when it comes to truly understanding customers. This means it’s simple to tag objects and differentiate stimuli. Image by Pixelloid. Looking Forward.

Consumer 305

Consumer Shopping ATS Planning 305

Retail Focus

APRIL 18, 2024

Boasting over 15 years of experience in the luxury beauty & lifestyle industries, Le Bert is a global brand leader with expertise in transforming organizations and in omnichannel marketing & sales growth strategies. The post L’OBJET Appoints New CEO, Stanislas Le Bert appeared first on Retail Focus - Retail Design.

Accessories 130

Accessories Marketing Management ATS 130

Retail TouchPoints

JULY 2, 2020

Despite an increase in e-Commerce activity since quarantine measures were introduced, retailers, placed in a state of economic emergency, are facing sharp drops in sales. In a global context of cost control, marketing today is under pressure to quickly generate traffic and in-store sales while reducing costs.

Finance 225

Finance Marketing Planning Promotions 225

Retail TouchPoints

MAY 17, 2023

Editor’s note: As retail interfaces and systems continue to evolve, the way we design retail experiences to user needs and behaviors is also transforming. There’s plenty to explore when it comes to elevating the visual delights of retail spaces. Many retailers overlook the negative impact of noise on sales and the human brain.

Beauty and Health 270

Beauty and Health Customer Experience Shopping Promotions 270