Retail TouchPoints

SEPTEMBER 21, 2023

In a return to pre-pandemic behaviors, more consumers plan to throw or attend a party ( 32% ) or to take their children trick-or-treating ( 28% ) this year, although the top celebratory activities for consumers will be handing out candy ( 68% ), decorating their home or yard ( 53% ) and dressing in costume ( 50% ). set in 2021.

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Discount Store Consumer Planning Returns 278

Retail TouchPoints

JULY 20, 2022

Ross Stores is opening 29 new locations in 12 states over June and July as it continues to move toward its goal of opening approximately 100 new brick-and-mortar stores in FY 2022, which ends Jan. off-price apparel retailer plans to open 75 Ross Dress for Less and 25 dd’s DISCOUNTS stores. The Dublin, Calif. 28, 2023.

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Location Discount Store Apparel Planning 278

Retail TouchPoints

DECEMBER 4, 2023

This offer had valued Neiman Marcus at $3 billion , but the luxury retailer objected to the deal’s structure because a significant portion of the payout would not have been in cash, people familiar with the matter told WSJ. Nieman Marcus has rejected Saks Fifth Avenue ’s latest takeover bid, according to the Wall Street Journal.

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Department Stores Discount Store Consumer ATS 278

Retail TouchPoints

JULY 14, 2023

Consumers are expected to spend a record $41.5 Opportunities still remain for retailers to capture the remaining spend, as 85% of families still have at least half of their shopping left to do. The most common reason for spending more than last year is needing new things, at 43% in 2023 compared to 32% in 2022. set in 2021.

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Discount Store Department Stores Planning Accessories 246

Inside Retail

SEPTEMBER 13, 2023

“It was a massive challenge, but Silly Solly’s responded to consumer demand for new ranges of products to help ease cost of living pressure with a huge everyday focus on essentials items, at affordable prices.” The chain boasts ‘Nothing over $5’ in its advertising.

Planning 298

Planning Discount Store Advertising Management 298

Retail TouchPoints

FEBRUARY 8, 2024

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate. That all creates positive momentum for these retailers.”

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Thrift Store Consumer Clienteling Fulfillment 299

Retail TouchPoints

JANUARY 5, 2023

Although there are signs that inflation is easing, higher prices and an uncertain economy continue to impact consumer behavior. Although many customers are “brand loyal,” given the economic environment, stressed consumers nowadays will most often make retailer and product choices with price as the main factor. Today’s Consumer Mindset.

Merchant Services 290

Merchant Services Promotions Consumer Discount Store 290

Retail TouchPoints

FEBRUARY 11, 2022

consumers tune in to the big game. consumers plan to celebrate Valentine’s Day in 2022, up from 52% in 2021. Not all of that spending will go to product purchases at retail — 41% of survey respondents said they would “love to receive the gift of experiences,” up from 36% in 2021. 13, will add another $14.6 billion as 72% of U.S.

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Jewelry Department Stores Discount Store Apparel 264

Retail TouchPoints

MARCH 7, 2023

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations. Overall sales were down slightly in 2022, at $18.7

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Planning Apparel Department Stores Discount Store 264

Inside Retail

DECEMBER 19, 2023

A shift in Chinese retailers’ strategy toward lower-priced goods and services to win cost-conscious consumers risks embedding the country’s recent deflationary trends more permanently into the world’s second-largest economy. at the flagship chain.

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Retailing Pricing Discount Store Consumer Supermarket 263

Wiser

JULY 18, 2023

This year’s Fourth of July was no exception—shoppers were out in full force, taking advantage of discounts and special sales. In this blog post, we will take a look at the shopper data from this past Fourth of July holiday weekend so you can make more informed decisions during the next key selling period.

Consumer 148

Consumer Promotions Discount Store Apparel 148

Inside Retail

JULY 12, 2021

The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips. Reports of the new store concept circulated in May after the retailer submitted an application to North Sydney Council.

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Supermarket Discount Store Store Layout Returns 264

Retail TouchPoints

JULY 8, 2021

consumers to return to some version of normalcy, global sentiment is still mixed, according to Kantar’s Wave 9 survey of more than 10,000 people across 20 countries. Anxiety rates undoubtedly influence consumer behaviors, especially shoppers’ willingness to return to large physical spaces such as malls. Do you agree?

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Payment Services Consumer Shopping Returns 290

Inside Retail

DECEMBER 13, 2023

Shein’s low prices — US$5 t-shirts and US$10 sweaters — also draw shoppers who might have otherwise shopped at clothing discount stores. One 2022 study found Shein typically receives orders within five to seven days and can then send the products directly to consumers via air freight.

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Fast Fashion Fashion Consumer Apparel 130

Inside Retail

APRIL 6, 2021

Consumers worldwide spent an additional US$900 billion online last year as the Covid-19 crisis forced people to stay home and observe social distancing through much of the year. With more choices at their fingertips, consumer spending on international e-commerce grew around 25 to 30 per cent year on year from March 2020 through February 2021.

Discount Store 147

Discount Store Consumer Marketing Shopping 147

Inside Retail

JUNE 3, 2021

Thirteen years after Woolworths introduced self-service checkouts to Australian supermarket shoppers, discount grocer Aldi has bowed to the demand for quick and convenient self-serve transactions at its stores. They clearly recognise a need to give consumers choices.

Payment Services 52

Payment Services Checkout Promotions Supermarket 52

365 Retail

JUNE 6, 2023

Consumer card spending in the UK grew by only 3.6 percent, the increase in grocery spend was fueled by the Coronation bank holiday weekend and Eurovision, as Brits purchased food and drink for street parties and celebrations at home. In contrast, discount stores enjoyed a growth of 5.0 percent and 13.1 percent and 13.1

Consumer 64

Consumer ATS Department Stores Discount Store 64

Inside Retail

JULY 25, 2023

For now, the businesses will remain separate in the eyes of the consumer, though they will share systems in the back end, such as having a single tech-stack. Looking at Target’s trajectory over the past few years, however, it’s clear that this latest move could very well be the beginning of the end. It’s quite the opposite.

Department Stores 246

Department Stores Apparel Management Fashion 246

Inside Retail

AUGUST 24, 2023

billion in FY23 as operating conditions and consumer behaviours continued to normalise. billion with sales growth recorded in both consumer and commercial customer segments and across all trading regions despite prolonged wet weather on spring trading on the East Coast. For the year to June 30, group sales rose 18.2 per cent to $43.5

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Returns Consumer Marketing Discount Store 246

Rangeme

APRIL 17, 2023

Consumers have struggled with rising inflation concerns for well over a year, and the uncertainty has profoundly impacted family spending decisions. As the economic downturn stretches into the second quarter of 2023, consumer confidence is still on shaky ground, even as inflation shows signs of slowing down. In July 2022, only 29.5%

Consumer 59

Consumer Discount Store Shopping Checkout 59

Retail TouchPoints

MAY 28, 2020

billion in Q1 2020, while same-store sales jumped 21.7% The retailer saw increases in consumables, seasonal home products and apparel, with the company attributing this growth to COVID-19’s impact on consumer behavior. TJX, which shut down both its stores and web site, reported net sales of $4.4 during the same period.

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Markdowns Discount Store Finance Apparel 162

Inside Retail

OCTOBER 26, 2022

Salakas attributes this growth to a desire by consumers to go out, socialise and celebrate the festivities. Anything related to events is booming at the moment,” he said. While cost of living pressures are expected to hit retailers and consumers in the coming months, it doesn’t seem to be impacting the buzz around Halloween.

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Promotions Consumer Shopping Discount Store 246

Inside Retail

FEBRUARY 13, 2025

Australias department stores are at a crossroads. Once the go-to for everything from fashion to homewares, theyre now struggling to stay relevant in a world of online shopping, specialty retailers, and shifting consumer habits. Consumers were now free to shop from anywhere, at any time, for any product.

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Department Stores Fashion Specialty Retailers Discount Store 130

Mass Relators

MARCH 28, 2022

Consumers are eager to return to their pre-pandemic holiday traditions, particularly as it relates to purchasing food and gifts for in-person celebrations this Easter,” NRF President and CEO Matthew Shay said. Friends and family want to be together, and consumers are willing to spend money to make these events memorable.”. on clothing.

Consumer 52

Consumer Department Stores Discount Store Planning 52

Inside Retail

AUGUST 26, 2021

Revenue at Bunnings increased 12.5 billion, with Scott noting the business’ success was due to its resilient operating model and the ability to adapt to changing consumer needs. According to Scott, digital engagement with the business’ brands increased throughout the year and, including sales on the Catch Marketplace, hit $3.3

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Net Profit Fulfillment Planning Management 246

Mass Relators

OCTOBER 19, 2023

WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation. Regardless of how early consumers start, the majority (62%) expect they won’t finish until December.

Consumer 52

Consumer Department Stores Discount Store Accessories 52

Mass Relators

JANUARY 31, 2022

Following the historic level of consumer spending over the winter holidays, it appears that the trend will continue into 2022,” NRF President and CEO Matthew Shay said. consumers plan to celebrate the holiday in 2022, up from 52% in 2021. Total spending on jewelry is estimated at $6.2 adult consumers was conducted Jan.

Jewelry 105

Jewelry Department Stores Discount Store Planning 105

Inside Retail

FEBRUARY 2, 2023

Especially in department stores, where the consumer appetite to spend appears to have fallen so dramatically between November and December? Despite the significant drop in month-to-month department store spending, he said there was a $200 million increase in sales between December 2021 and 2022. “I

Department Stores 130

Department Stores Consumer Discount Store Shopping 130

Inside Retail

FEBRUARY 27, 2023

For retailers closely watching consumer confidence levels and spending trends, getting an accurate reading about what lies ahead can be challenging. Still, many consumers are undoubtedly feeling the impact of interest rates and the rising cost of living. This has become more crucial as the economic cycle continues to shift.

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Merchant Services Payment Services Specialty Retailers Accounting 130

Mass Relators

JANUARY 25, 2023

WASHINGTON – Consumers are expected to spend $25.9 This year, as consumers embrace spending on friends and loved ones, retailers are ready to help customers celebrate Valentine’s Day with memorable gifts at affordable prices.” More than half (52%) of consumers plan to celebrate and will spend an average of $192.80.

Consumer 52

Consumer Jewelry Specialty Store Department Stores 52

Inside Retail

MARCH 13, 2023

Prices are rising around the world, but while markets such as the US, UK and Australia are battling inflation rates of between six and eight per cent, consumers in the Philippines are paying as much as 15.62 Each village in the Philippines has at least one of these stores,” Andres Montiel, head of data at Packworks, told Inside Retail.

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Consumer Store Operations Marketing Promotions 130

Independent Retailer

APRIL 5, 2022

Just as we were beginning to see the light at the end of the tunnel with COVID restrictions and anxieties easing up, Russia’s invasion into Ukraine has stirred up not only a whole new set of anxieties, but also added onto the crippling supply chain problems, inflation, and oil prices. Consumers Are Showing No Signs of Slowing Down.

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Fashion Shipping Discount Store Consumer 98

Inside Retail

SEPTEMBER 6, 2023

Home ownership at age 40, let alone at 30 or 20, seems like a far-fetched fantasy. This is compared with 62 per cent of Gen X and two-thirds of Baby Boomers at the same life stage. Finder data shows that one in four Millennials now choose to live at home after they hit their 30s. But a new consumer dilemma is looming.

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Marketing Consumer Accounting Apparel 130

Wiser

FEBRUARY 13, 2019

At Wiser, we were wondering what went through consumers’ heads around this holiday, so we polled more than 2,700 mystery shoppers from across the U.S. Valentine’s Day remains a traditional holiday among consumers, both in terms of gifts and when it comes to where to buy. Discount Stores Beat Big-Box Stores.

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Discount Store Department Stores Shipping Store Operations 74

Inside Retail

JUNE 7, 2023

Reputational damage While the alleged safety breaches by the Dollar Store are extensive – they are by no means exclusive to this particular chain, confined to the United States, or limited to budget retailers alone. Whether you are a discount retailer or luxury retailer [any] compromise to worker safety can be met with significant fines.”

Consumer 130

Consumer Discount Store Location Management 130

365 Retail

JUNE 23, 2023

The robust performance of online retailers is largely attributed to the warm weather experienced in the latter half of May, which encouraged consumer spending on summer goods. This is indicative of the ongoing volatility in the retail industry as it navigates post-pandemic recovery and evolving consumer trends.

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Discount Store Outdoor Accessories Consumer 78

A1 Retail

MARCH 7, 2023

Growth of supermarket spending slowed, as consumers continued to find ways to reduce the cost of their weekly shop Produce shortages are impacting grocery shopping behaviour, with tomatoes, eggs, peppers, cucumbers and lettuce the items most difficult to source Spending on public transport jumped 22.6 percent) than in January (10.4

Consumer 52

Consumer Supermarket Discount Store Planning 52