• How does the political and economic agenda impact retail traffic?

    Retailers across APAC continue to feel the repercussions of uncertainties in in the Chinese stock market. Similarly, in the UK the potential knock-on impacts of the EU referendum are being widely discussed; headlines are filled with warnings about how the BREXIT campaigns are impacting consumer confidence. Should retailers and shopping centres be looking at political and economic trends and planning for their effect on consumer spending?

    All eyes were on Canberra today (Tuesday 3rd May), when the Australian federal government revealed its annual budget. This announcement will interest the retail sector in more ways than one, as it’s not just their business finances that will be affected.

    In the wake of the budget announcement, Australian consumers will be following the news closely, to see how it impacts their personal finances – and historically this uncertainty has tended to drive them away from stores and shopping centres.

    An analysis ….

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  • Big data in retail

    Data, data everywhere…but are you using it to its best effect?

    Big data is a hot topic in retail, and has been for some time. However, the conversations surrounding it have changed; we’re no longer talking about its theoretical benefits, instead we’re looking towards its practical application.

    What’s in store for big data in retail in 2016?

    If we were to predict one 2016 trend for big data in retail, it would be the progression of businesses towards getting information to make a difference. While there has been some experimentation in terms of personalisation, particularly within retail marketing, on the whole not enough is being done to convert the mass of data available to businesses into actionable insights.

    This is certainly something we’re seeing within footfall analytics. Big data in retail has moved beyond merely people counting – today, retailers and shopping centres can potentially combine consumer ….

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