RetailX

France has been a pioneer in sustainability legislation and, ConsumerX research suggests that, shoppers across the country are increasingly taking sustainability into account when making purchase decisions.  The RetailX France 360° report stresses it is a truism that, when money is tight, sustainability measures come under close scrutiny. Much of this attention is politically loaded, with the populist right, in particular, keen to portray a concern for the environment as a cost on already stretched consumers. The main objection to this framing, that not pursuing sustainability measures costs more in the long term, can be a difficult message to get across when consumers are struggling to make ends meet. READ FULL ARTICLE via COMMENTS below.

The RetailX Global Sports Goods 2024 report has highlighted that sports consumers are one of the largest demographics for purchasing sustainably. More than a quarter (26%) of them do so, ahead of consumer electronics (23%) and even fashion apparel – a sector at the forefront of trying to be more sustainable but one that sees only 14% of global shoppers buying a sustainable product in the past year. https://lnkd.in/dxchjF-d

This September, Hotel Chocolat will open its first bakery concessions as part of its store investment plans. An exclusive case study in the SubscriptionX 2024 report looks at how the chocolatier and cocoa grower has carved a sweet slice for itself in the chocolate industry by combining premium ingredients, innovative flavours and sustainable practices. https://lnkd.in/eT8uMuTN

RetailCraft Podcasts Interviews with the people behind multichannel performance. The RetailCraft podcast series looks at the who and how behind the performance of our Global Elite 1000 companies, and those who influence and inspire them. Ian Jindal shares the studio with retail leaders, RetailX’s analysts and Georgia Scott of Adobe. Listen via the online player embedded in each episode, or better still make sure you’re the first to get each episode. We’re on Apple Podcasts, Spotify, Google or just search “RetailCraft” wherever you get your audio. https://lnkd.in/eGftwM5F

On 14 August 2024 the owner of Avon in the UK, Europe and Latin America filed for bankruptcy, in a bid to address US$1bn of debt, the RetailX Global Beauty Sector 2024 report highlights that it remains a challenging market for brands and retailers. Link in comment box to full article.

Most European shoppers want retailers to behave in environmentally friendly ways, ConsumerX research suggests, but the first RetailX Europe Top1000 360° report has found that only a minority of Top1000 retailers reflect shoppers’ interest in the environment. In a ConsumerX survey, 72% of shoppers agreed, 27% strongly so, that they wanted retailers to be sustainable, while 60% said they would pay more for sustainable products, of whom 22% strongly agreed with the suggestion. The study questioned 8,925 respondents who shopped online at least once a year, from 17 European countries, in 2022. However, RetailX findings suggest that, as yet, only a minority of Top1000 retailers reflect shoppers’ interest in the environment. Just 6% of retailers selling to Europe have a team focused on corporate social responsibility (CSR) or sustainability. These are most often run by those selling to the UK, Sweden and the Netherlands (all 11%), while fewer than 1% of those selling to Romania, Poland, Denmark, Czechia or Switzerland take this approach. READ FULL ARTICLE in the comment box link.

The brand new RetailX European Consumer Packaged Goods market 2024 report highlights Procter & Gamble (P&G) as a dominant force in Europe’s everyday essentials end of the CPG market. With a diverse portfolio that caters to a wide range of consumer needs, P&G serves as a one-stop shop for many household essentials. Its extensive reach across Europe underscores P&G's near-ubiquitous market presence. Learn more at: https://lnkd.in/eaNdc46t

In this fully updated Marketplaces Guide 2024, you will see a number of new entrants into the sector including brand new names to the marketplace sector such as Tesco and Temu! Plus the information you need to get started on the newest retailer led marketplaces such as B&Q, Debenhams, The Range and Superdrug. Download free here; https://lnkd.in/etaiQYKU

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Sports goods shoppers are embracing online and mobile retail with a growing penchant for social commerce and subscriptions, the newly published RetailX Global Sports Goods 2024 report highlights. More sports consumers shop online in some way, shape or form than don’t and, compared to other retail sectors, the proportion of online shopping in sports goods is relatively high. When those that buy both online and offline are factored in, sports has one of the highest levels of hybrid retail of any sector. At around 80% of consumers buying sports online mostly or sometimes, it sits with nutrition and fitness supplements (85%) and consumer electronics (82%), and above fashion (78%), cosmetics and beauty (75%) and homewares (72%). https://lnkd.in/eHTvq_3E