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Retailbiz covers every aspect of Australia’s retail sector with a focus on the innovations and technologies that are driving the industry forward.
Key payment threats retailers should watch out for this peak season
2 days ago · It’s fair to say the payments ecosystem has changed more in the past five years than the previous fifty, and retailers have adapted quickly to meet the new expectations of digital-savvy consumers seeking personalised, convenient and secure experiences. The growth in eCommerce and digital payments ...
The trends that will define the retail industry in 2024
Let’s face it, 2023 was another disruptive and unpredictable year for Australian retailers. Sales surged during retail events like Black Friday, Cyber Monday, and Click Frenzy, but much of the year was clouded by inflation, interest rate hikes, and cost-of-living pressures that impacted spending and sentiment.
About - retailbiz Australian retail news and inside views
Retailbiz has been reporting on Australia’s $299 billion retail sector for over a decade. As the retail industry is constantly evolving, Retailbiz is committed to bringing you not only the latest retail news and trends but also the innovations and technologies that are driving the industry forward. Drawing on a large team of journalists who collectively cover nine separate retail verticals ...
Embracing data to access the $69 billion retail potential this peak ...
2 days ago · The holiday shopping season is upon us which means retailers are also gearing up for a period that could define their year’s success. Australian consumers are forecasted to spend over AUD $69 billion, making it crucial for retailers to strategically manage inventory, sales, and customer experience.Leveraging the right technology and data insights can transform this seasonal opportunity into ...
Five trends that every retailer should be adopting in 2024
Nov 28, 2023 · The last few years have seen major shifts in the retail landscape, such as the rapid rise of eCommerce, growing demand for a more personalised shopping experience, omnichannel fulfilment options and faster delivery.
A tough year for retail but fresh hope for 2025 - retailbiz
Nov 5, 2024 · Over the last 12 months, rising inflation and cost-of-living pressures have not only reshaped consumer behaviour but also forced businesses to rethink their internal operations. I’ve observed how these economic challenges have required us to adapt—from adjusting product offerings to refining ...
Retail trends for 2024: It all starts with data - retailbiz
Dec 20, 2023 · The retail world is changing at breakneck speed, thanks to digital capabilities, shifting consumer habits, and the rise of data collaboration and retail media networks.
What retailers should look out for in 2024 - retailbiz
It has been a challenging few years for retailers, especially as they are more likely than average to face risk, according to FIS’ Global Innovation Report.With 89% of retailers concerned about rising inflation, and 78% worried about supply chain disruption, industry norms have been flipped.
How ‘smart’ retailers are thriving in a rapidly changing market
Oct 29, 2024 · In a retail landscape undergoing constant transformation only the most adaptive businesses are thriving. Amid shifts in consumer priorities, technological advancements and economic pressures, retailers need to be more agile and forward thinking than ever.