Home - retailbiz
WEBVistar Media expands Academy platform into APAC region. RetailBiz Webinar – Bringing Loyalty Programs into the Digital Age – in partnership with Klarna.
What the Australian retail industry should expect for 2023
WEBWith the COVID-19 pandemic, the past 36 months have been a difficult time for Australia’s retail industry, with businesses having to navigate a plethora of challenges, ranging from rising costs and supply chain disruptions to grave labour shortages.. Further adding to the pressure on retailers are rising customer expectations.
New Aim taps Google Cloud to democratise Gen AI and big data …
WEB6 hours ago · by Emily Bencic September 30, 2024. . Australia’s largest private e-commerce technology company, New Aim has selected Google Cloud to consolidate its digital infrastructure and make generative AI more accessible to Australian e-commerce businesses. New Aim has already reduced overall IT …
The trends that will define the retail industry in 2024
WEBAI adoption will increase. In 2023, artificial intelligence (AI) exploded into mainstream consciousness thanks to the prominence of ChatGPT. In 2024, that momentum will continue. In fact, by 2026, the global AI market in the retail industry is projected to grow by 70%. AI is still in the early stage of its evolution, and many retailers have yet ...
How Australian consumers will shop in 2024 - retailbiz
WEBPhysical stores set for a rebound. Physical stores will become important hubs for convenience, community, and curated ease, with in-store sales set to account for between 62% and 78% of total sales by 2024, according to estimates from Forrester, Edge Retail Insights and Euromonitor. The success of physical stores will be shaped around the ...
Retail trends for 2024: It all starts with data - retailbiz
WEBDec 20, 2023 · Retail trends for 2024: It all starts with data. by Damien Mitchell December 18, 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. Here is what we can expect from retail in 2024.
What retailers should look out for in 2024 - retailbiz
WEBIt 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 retailers can leverage digital transformation to grow their ...
WEBApr 5, 2022 · Australian retailers have faced unprecedented changes over the past two years, driven by both changing consumer preferences and sporadic lockdowns brought about by the COVID-19 pandemic.
How cost and convenience are reshaping Australian retail
WEBApr 13, 2021 · Convenience and cost are playing a significant role in the uptake of Click & Collect in Australia, with 59% of consumers who have used the service or another third-party pick-up in the past 12 months, saying it’s because they can collect their delivery while doing other things. For these shoppers collections are “trip-chained” alongside ...
About - retailbiz Australian retail news and inside views
WEBAbout. 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 ...