Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.
Alcohol insights: Conversion up, spend down in Q4
Conversion of visitors in the alcohol category in duty free has risen to 54% in Q4 2023, following a post pandemic dip to 38% (in 2021 and 2022), however, the average amount spent has fallen to $78 compared to $88 before Covid hit, according to the latest category insights...
Men buy and spend more in travel retail says new research by m1nd-set
Men have a higher conversion rate and spend more when shopping in travel retail, says new research from m1nd-set. The insights, which drill down on the differences in shopping habits of men versus women in the channel, shows that 45% of men entered duty free shops in 2023 compared to 44% of women. Furthermore, 29% of men purchased one or more products in the shops compared to 26% of women purchased. The data from the Swiss research agency shows a conversion rate of 64% for men – that’s...
Beauty tops Chinese passenger shopping lists in 2024: m1nd-set
New research from Swiss agency m1nd-set shows that skincare leads the category rankings for planned duty free purchases among the Chinese...
Gen Z consumers ‘lack engagement with duty free shops onboard ferries’
More work is needed to trap footfall and conversion among Gen Z and senior shoppers in the Nordics region visiting duty free shops on ferries,...
m1nd-set: GTR shoppers ‘more self-indulgent’ since pandemic onset
GTR shoppers have become “more self-indulgent” than they were in 2019 as purchasing habits shift, research from Swiss analyst m1nd-set has...
Passengers with children ‘more likely’ to visit and spend in duty free stores
Passengers with children are more likely to visit duty free stores, make purchases and spend more than child-free shoppers, new insights from...
DFWC Q3 KPI Monitor reveals latest travelling shopper preferences
Less than one third of travelling shoppers are seeing information on duty and tax free offers, according to the latest Duty Free World Council (DFWC)...
Hong Kong leads international average passenger spend: m1nd-set
Hong Kong International is the “clear winner” when it comes to average passenger spend among the five largest airports by international...
Asia traffic set for 46% surge in 2024, says m1nd-set
International passenger departures in Asia next year are tipped to reach 97% of their equivalent level in 2019, predicts m1nd-set. All regions...
m1nd-set adds on-demand option for GenZ RedY Consumer Workshop
Due to popular demand, travel retail research agency m1nd-set has added a recorded on-demand version of its Cannes GenZ RedY Consumer Workshop...
Middle East and Africa just 6% short of 2019 intl. air traffic: m1nd-set
International air traffic across the Middle East and Africa (MEA) has seen a “robust” recovery, according to research agency m1nd-set, with...
Gen Z travel retail workshop to take place ahead of TFWA Cannes
Blueprint and m1nd-set have teamed up to deliver a workshop for travel retail stakeholders on Generation Z consumers on Sunday 1 October in...
Forum: Chinese consumers need to be proactively welcomed in travel retail
Chinese consumers who are new to travelling will need a warm greeting, familiar payment methods and signage in their language to feel comfortable...
TRCF State of the Industry: Be prepared to ‘fully exceed expectations’
The TR Consumer Forum core programme kicked off this morning with a State of the Industry update from m1nd-set Founder and CEO Dr. Peter Mohn,...
Latin American shoppers value newness in GTR, m1nd-set finds
The latest insights report from travel retail research agency m1nd-set has found that Latin American shoppers in the channel are...
Sustainability ‘major factor’ for Nordic shoppers, NTRG insights find
The Nordic Travel Retail Group (NTRG) has released its latest quarterly insights report which shows sustainability is an “increasingly major...
Role of gifting in global travel retail ‘declining significantly’, indicates data
Travel retail needs to rethink its consumer messaging around gifting as self-purchasing soars, new insights from travel retail research agency...
Passenger spend rises across Asia Pacific as Covid restrictions lift
It isn’t likely to be until 2025 when Asia Pacific international departing traffic levels approach somewhere near parity with 2019, forecasts...
Asia Pacific travel set for ‘strong revival’, according to m1nd-set data
Air traffic across Asia Pacific is set to see a “strong” revival with many locations reaching pre-pandemic levels in 2024, travel retail...
Americas recovers 79% of pre-Covid traffic in 2022, says m1nd-set intel
The top five Americas international departing nationalities in 2022 was spearheaded by the US, Canada, Mexico, Brazil and Colombia,...
Alcohol insights: Conversion up, spend down in Q4
Conversion of visitors in the alcohol category in duty free has risen to 54% in Q4 2023, following a post pandemic dip to 38% (in 2021 and 2022), however, the average amount spent has fallen to $78 compared to $88 before Covid hit, according to the latest category insights...
Men buy and spend more in travel retail says new research by m1nd-set
Men have a higher conversion rate and spend more when shopping in travel retail, says new research from m1nd-set. The insights, which drill down on the differences in shopping habits of men versus women in the channel, shows that 45% of men entered duty free shops in 2023 compared to 44% of women. Furthermore, 29% of men purchased one or more products in the shops compared to 26% of women purchased. The data from the Swiss research agency shows a conversion rate of 64% for men – that’s...
Beauty tops Chinese passenger shopping lists in 2024: m1nd-set
New research from Swiss agency m1nd-set shows that skincare leads the category rankings for planned duty free purchases among the Chinese...
Gen Z consumers ‘lack engagement with duty free shops onboard ferries’
More work is needed to trap footfall and conversion among Gen Z and senior shoppers in the Nordics region visiting duty free shops on ferries,...
m1nd-set: GTR shoppers ‘more self-indulgent’ since pandemic onset
GTR shoppers have become “more self-indulgent” than they were in 2019 as purchasing habits shift, research from Swiss analyst m1nd-set has...
Passengers with children ‘more likely’ to visit and spend in duty free stores
Passengers with children are more likely to visit duty free stores, make purchases and spend more than child-free shoppers, new insights from...
DFWC Q3 KPI Monitor reveals latest travelling shopper preferences
Less than one third of travelling shoppers are seeing information on duty and tax free offers, according to the latest Duty Free World Council (DFWC)...
Hong Kong leads international average passenger spend: m1nd-set
Hong Kong International is the “clear winner” when it comes to average passenger spend among the five largest airports by international...
Asia traffic set for 46% surge in 2024, says m1nd-set
International passenger departures in Asia next year are tipped to reach 97% of their equivalent level in 2019, predicts m1nd-set. All regions...
m1nd-set adds on-demand option for GenZ RedY Consumer Workshop
Due to popular demand, travel retail research agency m1nd-set has added a recorded on-demand version of its Cannes GenZ RedY Consumer Workshop...
Middle East and Africa just 6% short of 2019 intl. air traffic: m1nd-set
International air traffic across the Middle East and Africa (MEA) has seen a “robust” recovery, according to research agency m1nd-set, with...
Gen Z travel retail workshop to take place ahead of TFWA Cannes
Blueprint and m1nd-set have teamed up to deliver a workshop for travel retail stakeholders on Generation Z consumers on Sunday 1 October in...
Forum: Chinese consumers need to be proactively welcomed in travel retail
Chinese consumers who are new to travelling will need a warm greeting, familiar payment methods and signage in their language to feel comfortable...
TRCF State of the Industry: Be prepared to ‘fully exceed expectations’
The TR Consumer Forum core programme kicked off this morning with a State of the Industry update from m1nd-set Founder and CEO Dr. Peter Mohn,...
Latin American shoppers value newness in GTR, m1nd-set finds
The latest insights report from travel retail research agency m1nd-set has found that Latin American shoppers in the channel are...
Sustainability ‘major factor’ for Nordic shoppers, NTRG insights find
The Nordic Travel Retail Group (NTRG) has released its latest quarterly insights report which shows sustainability is an “increasingly major...
Role of gifting in global travel retail ‘declining significantly’, indicates data
Travel retail needs to rethink its consumer messaging around gifting as self-purchasing soars, new insights from travel retail research agency...
Passenger spend rises across Asia Pacific as Covid restrictions lift
It isn’t likely to be until 2025 when Asia Pacific international departing traffic levels approach somewhere near parity with 2019, forecasts...
Asia Pacific travel set for ‘strong revival’, according to m1nd-set data
Air traffic across Asia Pacific is set to see a “strong” revival with many locations reaching pre-pandemic levels in 2024, travel retail...
Americas recovers 79% of pre-Covid traffic in 2022, says m1nd-set intel
The top five Americas international departing nationalities in 2022 was spearheaded by the US, Canada, Mexico, Brazil and Colombia,...
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Alcohol insights: Conversion up, spend down in Q4
Conversion of visitors in the alcohol category in duty free has risen to 54% in Q4 2023,...
Men buy and spend more in travel retail says new research by m1nd-set
Men have a higher conversion rate and spend more when shopping in travel retail, says new...
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