Aussies and discretionary spending have a love-hate relationship right now. Treating yourself to something nice can temporarily relieve the stress of ongoing financial pressures, but it’s often accompanied by a hint of guilt. Rising costs have hurt both consumers and businesses as they try to focus on strategies to stay afloat. For online beauty retailer
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As consumers around the world face inflationary pressures, there has been a rising trend towards low-cost alternative tech products, a trend that eCommerce company Harris Technology (ASX: HT8) is capitalising on overseas and is set to make these products available to Australians in time for Christmas. Over the past 12 months, Australia’s retail industry has
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We have all but entered the silly season as people gear up for Black Friday, Cyber Monday, Christmas, Boxing Day and New Year’s Eve sales. They’ve got the seasonal bonuses and holidays to make the most of it. What’s more, these sales manage to perk up economies, with last year’s Black Friday sale generating record
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The surge in online sales owes much to the digital revolution and the closure of brick-and-mortar stores, forever changing the retail landscape. E-commerce platforms serve as the big stage with bustling hubs, infrastructure, foot traffic, and amenities, while individual sellers take the spotlight to cater to their audience. Increased sales with less and less inventory
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With Covid, many companies lost the very feature that set them apart (and that they invested significantly in). For experiential companies, customers being inside their stores was a necessity. So, while some successfully transitioned to eCommerce, others waited for business as usual to return. Retail company Mosaic (ASX: MOZ) was one such company. After acquiring
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Is there any industry that still thrives amidst the pandemic, mortgage pressures, inflation and rising cost of living? While setbacks and economic downturns affected almost all business areas during the pandemic, the luxury goods market has oddly been inflation-proof, being one of the fastest industries to bounce back in 2021 to pre-COVID-19 heights as the
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