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From customer transactions to inventory management, retailers need to be able to manage, integrate and govern their data to make informed decisions that drive growth and profitability. Many vendors are now launching retail-specific data management solutions in response to this demand. billion in 2021 to $40.88
Dubai-based retailer and brand distributor GMG is ramping up its expansion in Southeast Asia and Hong Kong as demand for sports and lifestyle products soars. Meanwhile, Hong Kong remains a strategic retail hub with a high-spending customer base and access to premium retail spaces.
Omnichannel operational structure Adore Beautys executive team has been reshaped to ensure the business has the right structure to execute and manage the opening and operation of its bricks-and-mortar stores transforming the beauty retailer into an omnichannel one.
Retailmarketers, however, already have the holiday season on their minds, and summer is a great time to begin holiday prep – including connecting with your legal and compliance colleagues to make sure your mobile marketing program is holiday-ready. Mobile text marketers that want to send to U.S.-based
In a press release, Jean-Marc Bellaiche, Printemps Groupes chief executive officer, stated, “We think we can bring something unique, both to its engaged local consumer base and the strong tourist flows the city welcomes We plan to pioneer a new format of experiential retail in this fast-changing and demanding market.”
Numerous conferences and sessions held over the first two days provided a comprehensive overview of market trends, featuring many exclusive international speakers. Retail investment has been especially driven by the strong performance of the Italian, Portuguese, and Spanish markets, alongside robust results in the UK.
With retail sales bouncing around as the UK economy chugs along, marketers in the sector are seeking the best way to keep their customers happy and prevent them from spending their money in another store. But where does that leave your marketing strategies for the humble shop floor? Showcase your brand, reflect shopper values.
Retail chain Oh!some some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. some manages a supply chain spanning global sourcing, inventory management, and logistics. some has been expanding rapidly across Southeast Asia with a series of new openings across the region.
The digitalisation of media has seen advertising budgets diverted towards social media campaigns and search engine marketing in Australia, 70 per cent of digital advertising spend goes to Meta and Google. For many retailers, these platforms have grown to consume the whole marketing funnel and their templated options have become the default.
The retailmarketing landscape is more dynamic than ever, so understanding which trends are worth pursuing both from the consumers and the businesss perspective and which ones are just noise, will be critical to achieving growth in the year ahead. Here are three common themes that came to the fore.
While 7-Eleven is at the forefront of inventive uses for vision AI in the convenience retailmarket, we are also observing interest and adoption of vision AI for supermarket retailers for resource reallocation, to mirror each store’s unique ebb and flow of operations and foot traffic throughout the day.
“I think Dad really wanted to do something different, so they went off and started their own business in Gembrook, where we grew up as a family,” Hannah Gordon, the brand’s general manager and one of its directors, alongside her siblings Bobby and Kate, told Inside Retail. They started selling pottery at the market in St Kilda.
A shared vision The idea for Yarnn came to life when founders Lane Stockton, a proud Wiradjuri man, and David Croft, managing director of cleaning products supplier Croft Group and a former Wallaby, sat down in 2023 to discuss their business plans. We see a lot of potential in this market, especially with businesses that have ESG goals.
JB Hi-Fi has reported continued sales growth in the third quarter despite what management described as a challenging and competitive landscape. Group CEO Terry Smart said the sales momentum continued in the third quarter amid a challenging and competitive retailmarket. The groups Australian business saw a 6.5
. “The group’s customer value proposition, the strength of the four core brands and the size of our customer loyalty club membership base means Super Retail Group remains well positioned to perform in retailmarket conditions where customers are carefully managing their spending and prioritising value-for-money purchases.”
Despite modestly positive expectations for 2024, the luxury retailmarket did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.
The partnership sets a precedent for other Chinese companies previously banned in India to re-enter the market through licensing agreements with Indian firms. By adhering to government regulations and ensuring data security, such collaborations can facilitate the reintroduction of foreign brands into the Indian market, said Westphal.
A timeline of events Tuchuzy was founded by Daria Sukic in 1995 and operated for 25 years before first entering voluntary administration in June 2020 its demise at the time was put down to the volatile retailmarket caused by the pandemic and lockdowns. We are finding this a lot across the multi-brand boutique market.
The site also has a number of environmental features, including a 100kW solar photovoltaic system, LED lighting with a lighting control system to manage and minimise power consumption and translucent roof sheeting secured to 10% of the roof area. The Australian retailmarket was valued at AUD 534.54 from 2025 to 2034.
Retailmarkets move fast, especially now that many, if not all, major retailers are betting big on emphasizing ecommerce over physical locations. As part of this push, the once-reviled practice of data scraping and aggregation has become a pivotal tool for retailers.
A professionally compiled marketing calendar is a detailed plan that records all the company’s marketing events with a schedule of dates and times. Usually, a marketing calendar is made for a year or a quarter. How to use holidays to maximize marketing benefits? Why is it needed?
The discount retail group , which owns Pepco and Dealz in Europe and Poundland in the UK, outlined its strategic vision at its Capital Markets Day investor presentation. The move comes after a difficult trading period for Poundland, which has struggled amid an increasingly competitive UK retailmarket.
This latest acquisition further demonstrates Evolves’ expertise in identifying opportunities to buy, manage, and curate landmark mixed-use developments in attractive regional locations. It currently ranks in the top 100 RetailMarket Areas and is well-connected with excellent transport links.
Calling Saks Fifth Avenue a global luxury retailer, Dinesh Taluja, Reliance Retails CFO, said the move aims to address the super luxury segment in India. Current retail players are limited to malls, specialty stores, and concept stores built around branded spaces.
before settling, pushing its market valuation to US$6.2 But the story brewing underneath is more than a capital markets curiosity. Not your average bubble tea According to iResearch, Chinas tea drinks market by GMV grew from RMB474.8 Its shares, priced at US$28 for the IPO, opened at US$33.75 and touched US$41.50
With sales and footfall continuing to grow at an impressive rate, the centre has attracted premier brands, resulting in occupancy being at over 99% – making the retail destination effectively fully let. This landmark achievement has been made possible by an ambitious leasing strategy set out by asset managers Pradera Lateral.
Whilst many retailers may have experienced growth over the past few years, there are massive differences between what they need for a future-proof digital strategy, dependent on organisation size, resources and growth goals. This is especially true when assessing and improving IT business systems.
Artificial intelligence (AI) is ushering in an exciting new era for retailmarketing and customer engagement, according to Jake Cohen, VP and head of Shopify at Klaviyo. This will help the company use AI to drive autonomous campaigns and marketing executions in the future. Thats Klaviyo’s sweet spot: Data unlocks activity.
Key Takeaways Diverse Opportunities: Shop business ideas can range from brick-and-mortar stores to e-commerce platforms, catering to various markets and consumer needs. Effective Inventory Management: Maintaining efficient inventory processes ensures product availability and positive cash flow, which is vital for sustaining your business.
Brands that adapt to these shifts will strengthen their customer relationships and expand their market share. Data-Driven Decision Making Data analytics and insights are becoming indispensable tools in retail strategy. Predictive analytics enables brands to anticipate consumer needs, optimize pricing, and enhance inventory management.
Mobile Payment Flexibility: Ring Up allows businesses to accept payments using smartphones, providing versatility in managing sales from anywhere. By focusing on cloud-based solutions, NCR allows you to access your data from anywhere, ensuring flexibility in managing your business. For iOS users, the app requires iOS 9.0
The more your brand is talked about positively, the more it becomes known, creating a ripple effect that can also translate to increased foot traffic and sales in physical retail. Online Reviews as Market Research Beyond boosting sales and recognition, online reviews offer startups invaluable insights into consumer preferences.
Furthermore, e-commerce relies on data to quickly modify pricing strategies in response to market conditions. During inflation, many discount retailers increase their market share, while others struggle. The Effect on Supply Chains and Inventory Management Inflation turns warehouse shelves from assets to albatrosses.
Adopt Best Practices: Streamline buying processes and leverage technology to make interactions easier and more engaging, ultimately enhancing the overall customer experience and bolstering retail success. In today’s fast-paced market, understanding your customers’ experience throughout their buying journey is crucial.
How do you market to the customer who can get anything they want anytime they want it? Selling to the 1 per cent has never been easy, which is why retailers that cater to this elite demographic have traditionally differentiated through private events, exclusive products, and hyper-personalised customer service.
06/03/2025 x 9:45 AM Williams was drafted in by Poundland owner Pepco at the start of the year to lead the business on an interim basis after managing director Austin Cooke took up a role at Howdens. Related Story What does Barry Williams’ return mean for Poundland?
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For product startups aiming to make a big splash in retail, navigating the turbulent waters of the market can be daunting. In this blog post, we will explore why product startups need both PR agencies and retail channel management agencies to succeed in the retail sector.
Leveraging Amazon’s Infrastructure: By utilizing Amazon’s logistics and customer service, businesses can streamline operations and focus more on product development and marketing. From understanding the platform’s unique algorithms to mastering effective marketing strategies, you can turn your ideas into a thriving business.
A spokesperson for Pepco Group said: As announced at the capital markets day on March 6, Pepco Group is moving away from fast-moving consumer goods to create a simpler business focused on higher-margin clothing and general merchandise and is actively exploring separation options for Poundland, including a potential sale, from the group.
This technology has allowed retailers to personalize their marketing efforts, improve customer service, and optimize supply chain management. But how can product startups leverage AI to stay ahead of the game in this competitive retailmarket?
Network Rail Property has released its latest quarterly retail sales figures (Q2 covering July to September 2024), revealing a total sales* uplift of +10% and +6.3% like-for-like (LfL) sales boost across its portfolio of 19 managed stations in Great Britain. Retail Times - Retail Times | Retail News | Free Retail News
To support the new wholesale push, Nike is in the process of hiring retailmarketing, visual merchandising and account management employees with the goal of having elevated presentations, better consumer connections and increased sell-throughs. From here, we expect our business results to improve,” Hill said.
Cannes Lion wasn’t always on retailers’ radars, but as retail media has steadily grown in sophistication and influence, the glitzy advertiser conference in France is quickly becoming an annual mainstay for retailmarketing executives.
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