Retail

Latest

Is the weakness in the retail sector due to the fact there are too many retailers?

10:57PM | Friday, 21 October 2011 |  While we potentially have an oversupply of retailers in Australia, the fact is consumers are spending less.

Australians share wealth but not spending habits: Report

10:14PM | Thursday, 20 October 2011 |  Australia’s wealth is much more evenly distributed than other countries, a new report reveals, but start-ups are still being urged to choose their target markets carefully.

Credit card debt decline points to slow Xmas sales

10:41PM | Wednesday, 19 October 2011 |  Personal bankruptcies have fallen to their lowest level in five years as consumers cut down on their credit card use, but further bad news has been forecast for retailers in the lead-up to Christmas.

Are there any good tactics to encourage repeat sales from customers?

10:40PM | Tuesday, 18 October 2011 |  The best tactic of all is to make your customers’ visit enjoyable. I believe it’s pretty simple – happy customers come back.

Mobile solutions provider 5th Finger targets further US growth

10:16PM | Tuesday, 18 October 2011 |  Australian-founded mobile solutions provider 5th Finger has set its sights on store-based retailers in the United States, after being named the eighth fastest-growing company in San Francisco by Inc.com.

New technologies set to revamp retail landscape: Report

10:42PM | Tuesday, 18 October 2011 |  New technology continues to redefine the point of purchase, according to a new PayPal report, with start-ups being urged to embrace new business models in order to remain competitive.

Enspire cleans up at Business3000 awards

10:44PM | Thursday, 13 October 2011 |  IT solutions provider Enspire was named business of the year at today’s Business3000 awards, also taking out an innovation award, while Illumination and Gerwurzhaus were also honoured.

City of Melbourne defends retail assistance efforts

10:33PM | Wednesday, 12 October 2011 |  The City of Melbourne council has defended its record of supporting retailers, despite ongoing fears of CBD small businesses being overlooked by consumers in favour of large suburban shopping centres.

Courting the right customer traffic

10:03PM | Monday, 10 October 2011 |  Westfield, Google and Groupon all sell the same thing. They all sell traffic. All these businesses pitch a certain story to consumers, accumulate traffic and then sell the traffic to businesses.

“Mystery shopper” iPhone app can’t replace real thing: Expert

10:24PM | Monday, 10 October 2011 |  A new iPhone app that enables shoppers to act as in-store “spies” is being hailed as a valuable tool for retailers, but an industry expert says the app cannot replace the value of real-life mystery shoppers.
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