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KMD Brands expects lower sales due to weak consumer sentiment

Inside Retail

KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent and 21.5

Consumer 286
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KMD Brands expects lower sales due to weak consumer sentiment

Inside Retail

KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent year over year to $434.2

Consumer 278
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What does wholesale look like in 2023?

Inside Retail

The traditional wholesale model is broken – and Covid is not to blame. Consider how a traditional wholesale deal works. One thing the Covid pandemic has done is made consumer demand more erratic than ever before; retailers suffer the risk of building stockpiles of products that cannot be sold at profit.

Wholesale 246
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Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Retail TouchPoints

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

Wholesale 246
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Kaddy to close consumer arm, focus on fulfilment for trade partners

Inside Retail

Wholesale beverage marketplace Kaddy is to restructure its consumer business into a pure-play B2B fulfilment service provider following a strategic review. The last consumer deliveries will be made by February 7. The post Kaddy to close consumer arm, focus on fulfilment for trade partners appeared first on Inside Retail.

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

At opposite ends of the political spectrum, the National Party and the Greens both argued that divestment provisions should be incorporated into federal competition laws to ensure fair trading with suppliers and consumers. Breaking up is hard to do The first report critical of the supermarket sector was released in January 2024.

Consumer 246
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Rising gas prices may drive consumers to big box gas stations

Retail Wire

Consumers in search of cheap gas may make their way to retailers such as BJ’s Wholesale Club, Costco and Sam’s Club to fill up their tanks. That may not be all good news for these chains as many sell fuel at very low margins and even sometimes at a loss.

Consumer 246