Our collections are a part of us and our life story, and the act of collecting holds a certain comfort.
Retailers have cleverly tapped into the psychological need many of us have to collect, in some cases, mundane everyday items.
The key to Aldi’s strategy is a severely limited range of products.
ALDI appeals to a particular market segment. It is unlikely to abandon it to go after Woolworths and Coles.
Positive messaging wins the day.
AAP Image/Dallas Kilponen
Plastic bags will soon be gone from major supermarkets and many other shops too. Campaigns to reduce plastic even more should focus on positive advice, rather than shaming shoppers for their plastic use.
Coles was once the market leader thanks to its ‘down down’ low pricing marketing.
Coles plans to compete with competitors by moving away from low prices to a focus on other attributes, such as sustainability, local produce and community.
Gamblers feel connected to the machine as hospitality keeps them playing for longer.
Pokies companies want to keep their customers "in the zone", that's why they spend so much to keep tabs on them.
What will we do for bin liners now?
AAP Image/James Ross
Banning single-use plastic bags makes sense, as long as it doesn't usher in behaviours that are just as bad, or worse – like over-using heavier bags made of even more plastic.
Undoing shoppers’ engrained behaviours is a tricky job.
AAP Image/Julian Smith
The success of the plastic bag ban announced by Australia's big two supermarkets will hinge on whether they can persuade customers to change an engrained behaviour - without annoying them.
Selling these new bags at 15 cents each, effectively creates another revenue stream with nearly A$71 million in gross profit.
Moves by major to supermarkets to only offer plastic bags for a charge could make these businesses more than a million dollars a year, but it may only have a small impact on the environment.
Aldi’s decidedly Germanic expansion strategy continues to eat into Woolworths’ earnings.
For consumers of Australia's retail sector, choice and convenience will continue to emerge. For incumbents unable to deliver on these outcomes, the future is bleak.
Pokies are great money-spinners for hotels, clubs and casinos in Australia, and increasingly internationally.
The harm pokies cause is widespread and tends to affect those already under significant stress. $1 bets are a good first step toward reducing this harm.
The Federal Court dismissed the ACCC case against Woolworths.
The ACCC lost a case it brought against Woolworths for how it treated suppliers. It needs to rethink how it tackles such cases.
Aldi has mastered the phantom product, even though customers know it’s not a brand in disguise.
More supermarkets are starting to stock "phantom brands"- private label products without any reference to the business' brand or logo.
A decision by South African hotel and casino group, Sun International to pull out of Nigeria raises many questions about the conditions of doing business in the second largest economy in Africa.
The success of companies like T-shirt brand Threadless shows innovation matters in retail.
It's a tough time to be a retailer in Australia, but there are some retailers that have found the formula for success.
Woolworths, along with other big grocery retailers, is backing away from smaller convenience stores.
Some of the bigger grocery retailers are moving away from convenience stores because of increased costs, difficulties reading the market and cannibalisation.
Woolworths CEO Brad Banducci has an unenviable task.
AAP Image/David Moir
Woolworths must turn its fortunes around. Does it have the right strategy?
Image sourced from www.shutterstock.com
Supermarkets are finally catching on to the fact that consumers have disliked the proliferation of private labels.
Far from safe.
Previous attempts to revitalise one of Britain's best-known retail brands have gone awry. Has the rot gone too far this time?
Woolworths is changing its “Homebrand” label name to “Essentials.”
Woolworths' move to rebrand its private labels may lead to no points of difference for customers between supermarket products except price, where Aldi is strongest.
In the past large retailers could squeeze out competitors but new challengers like Aldi are still in the game.
The big supermarkets, Woolworths and Coles, will need to think of new strategies to compete with new chains such as Aldi which continue to steal market share.