#retail-industry

#retail-industry

As investors look for signs of cooling inflation, there is one discretionary purchase that is firmly in deflation: pets.Prices of our furry friends have slumped over the past year as demand has fallen with people returning to offices and rising costs pinching wallets.The pandemic pet boom is well and truly over.

What to expect in 2023:For the past two years, I've been tracking what I like to call the "Great Rotation."This is the shift away from pandemic purchasing trends to consumption associated with reopening.In 2022, the Great Rotation met the "Great Inflation" - the change in habits as consumers in the US and Europe adapted to higher prices.

Estee Lauder and Mac displays at a Nykaa store in New Delhi, India on Saturday, July 30, 2021.Nykaa has grown into India's top e-commerce site for beauty products, with the endorsement of Bollywood stars and a fervent following among twenty-somethings.The startup filed preliminary documents on Aug. 2 for an initial public offering, which Bloomberg News has reported could value the business at more than $4 billion.

John McCracken says he was shocked when he recently spotted a new sign at his local Loblaw-owned Superstore just outside Halifax, warning customers the store was conducting receipt checks when shoppers exit."I was really disgusted.I thought it was really adding insult to injury after all the price gouging," said McCracken, referring to claims Loblaw has inflated grocery prices which the retailer denies.

Pathmatics has revealed that social media is set to dominate advertising trends for the year ahead.This comes as the digital marketing intelligence platform has invested heavily in its platform to better understand the use of social media by launching mobile app-specific panels in Australia for Instagram, Snapchat and TikTok to complement its Facebook insights that have existed since January 2020.

VFC - the UK-founded, bold vegan fried chick*n brand and trailblazer in vegan chick*n protein, today announced an exciting milestone in the company, with its expansion across the US retail industry, launching in the American grocery store, Raley's.The launch taps into the growing consumer demand for vegan and plant-based protein alternatives.

Francis Scialabba
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All the news and insights retail pros need to know, all in one newsletter.Join over 180,000 retail professionals by subscribing today.While Eagles fans are still licking their wounds, retail and CPG brands are reaping the rewards from their 2023 Super Bowl ads.

Your Black Friday bargain is most likely spring's leftover sweatpants.American retailers have too much stock of everything from toys to women's casual tops.While the markdowns will be welcomed by many cash-strapped shoppers, the holiday deals underline companies' struggle to work through bloated inventories pressuring their profits.

Whether porridge sales actually increase will be worth watching.Kingfisher Plc said sales of insulation at its B&Q DIY chain in the three weeks to Sept. 17 were up 82% from last year, and were 110% higher than 2019.Elsewhere, retailers report surging sales of cozy pajamas, dressing gowns and sweaters.Although the prospect of a freezing midwinter might boost sales of electric blankets now, customers may ultimately have less money to spend on the things they want.Last week alone, the department store doubled its sales of women's dressing gowns, snuggly tops and onesies compared with last year.

Simon Miller
Scrolling through Instagram these days seems like walking through a maze of sponsored content and posts you don't necessarily care about.Being a brand, especially a fashion brand, that can stand out in this tsunami of content can be tough.But that's where California-based luxury womenswear brand Simon Miller shines the most.

An Adidas store stands in Manhattan on October 25, 2022, in New York City.The company is facing big losses after terminating its relationship with Kanye West.Spencer Platt/Getty Images When Adidas cut ties with Ye, formerly known as Kanye West, over the rapper's antisemitic remarks, the sportswear giant quickly had another problem on its hands: what to do with all of its merchandise associated with Ye, branded as Yeezy.

The way people shop has changed in recent years.Some have signed up for subscriptions.Others have gotten rid of them.Some have tried selling their used stuff for the first time.Others have tested out what it is like to rent items.During the pandemic, many retailers whether established names or Silicon Valley start-ups were forced to think differently about their business models and adjust the type of services they offered.

A shopper removes bags from a trolley outside a J Sainsbury Plc supermarket in Godalming, UK, on Tuesday, Jan. 10, 2023.Sainsbury's are due to release a trading update on Wednesday.(Photographer: Bloomberg/Bloomberg)Inflation isn't killing food retail.But prices peaking this year might prove to be the bigger challenge.

Shoppers looks in a window at the Prada SpA boutique in Galleria Vittorio Emanuele II shopping center in Milan, Italy, on Saturday, Dec. 3, 2022.The Italian Statistics Institute are due to release their latest retail sales figures on Dec. 7. (Photographer: Bloomberg/Bloomberg)Prada SpA has begun the process of handing over leadership to the next generation of its controlling family.

Shoppers looks in a window at the Prada SpA boutique in Galleria Vittorio Emanuele II shopping center in Milan, Italy, on Saturday, Dec. 3, 2022.The Italian Statistics Institute are due to release their latest retail sales figures on Dec. 7. (Photographer: Bloomberg/Bloomberg)Prada SpA has begun the process of handing over leadership to the next generation of its controlling family.

What will fit?(Photographer: Bloomberg/Bloomberg)Shoppers on both sides of the Atlantic are under intense pressure from inflation.So far, sales of everything from luxury goods to laundry detergent have been better than expected.But cracks are already emerging in demand - and these are set to intensify as winter draws in.

The future of retail is an exciting and ever-changing landscape.With technology revolutionizing the way consumers shop and interact with brands, the retail industry is on the brink of a major transformation.In the coming years, retailers will need to be more agile and adaptive to keep up with the ever-changing demands of customers.

Economic menus have rarely sounded so bland.A mild recession in 2023, followed by a fall in inflation and, for dessert, a return to modest growth.The current consensus view among City economists of next year's overarching economic outlook would appear to be fairly benign, compared with the Armageddon promised by the Truss/Kwarteng fiasco of a few months ago.

Politics Biden, his wife, Jill, and daughter Ashley went from store to store on Main Street in downtown Nantucket.NANTUCKET, Mass.(AP) - President Joe Biden went holiday shopping on the Massachusetts resort island where he spends Thanksgiving, patronizing smaller independently owned stores on what the retail industry has called "Small Business Saturday."