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More Australians lose trust in supermarket pricing, ACCC says

Inside Retail

The Australian Competition and Consumer Commission’s (ACCC) interim report for supermarkets inquiry revealed that almost 50 per cent of consumers now ‘often’ or ‘always’ compare prices before shopping, a significant increase from 17 per cent found by the watchdog’s 2008 Grocery Inquiry.

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From Calories to Carbon: Where Food Labeling Meets Sustainability

Retail TouchPoints

This fosters accountability and drives the food and beverage industry to place greater emphasis on sustainability in their sourcing strategies. Between 2004 and 2008, the number of new products labeled with terms like “sustainable,” “sustainability,” “environmentally friendly,” or “eco-friendly” registered with the U.S.

Consumer 277
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SHEIN’s Head of Strategy on Setting (and Achieving) Firmer ESG Goals

Retail TouchPoints

To reach its GHG reduction goal, for example, the company is “embedding science-based targets into decarbonization efforts” to “set impactful and realistic goals that align with a global climate agenda and hold ourselves accountable for sustainability commitments,” according to a statement.

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5 Ways COVID-19 has Reshaped Consumer Behavior

Retail TouchPoints

For that reason, market research provider Euromonitor International has identified resilience and adaptability as the two driving forces of consumer behavior in the coming months in its recent report, Top 10 Global Consumer Trends 2021. “The Businesses must also account for generational preferences.

Consumer 347
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Three Reasons why COVID-19 Will Make Retailers Stronger

Retail TouchPoints

As consumers around the world have minimized the amount of time they spend outside their homes, many created digital accounts to conveniently shop online. Leibovitz has more than 18 years of product management, strategy and marketing expertise in the communications industry.

Outdoor 290
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Starbucks Australia pursues plastic-free future with new cup and start-up

Inside Retail

Starbucks Australia has sought out expertise to revolutionise the way it serves coffee using more sustainable cups, and in the process, it could potentially fix its popularity – or lack thereof – in the local market. Customers want and need to know they can trust brands and that trust is built through action and accountability.

Consumer 260
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Ultra-fast fashion is undermining efforts to make the industry more sustainable

Inside Retail

At the same time there is limited transparency or accountability around clothing supply chains. Without change, the industry will account for 26 per cent of the world’s carbon budget for limiting global warming to 2°C by 2050. The overproduction and consumption of clothing cannot be allowed to continue. How is this even possible?