Talking Retail

JULY 23, 2021

Food stores led the way in the increase in retail sales in June, according to the latest figures from the Office of National Statistics (ONS). Food stores reported a sales increase of 4.2% in June compared with the previous month, with anecdotal evidence suggesting the increase was due to the Euro 2020 football championship.

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Inside Retail

APRIL 28, 2021

According to the latest NAB Online Retail Sales Index, Australians spent $46.9 billion on online retail in the year to February , which landed at about 13.2 per cent of total retail trade for the year, and 48.4 per cent higher than the same period to February 2020.

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VMS

NOVEMBER 17, 2021

Retail enjoyed a boost in sales in October as Americans began their holiday shopping early to avoid pandemic-related supply chain issues, reports the National Retail Federation (NRF). Overall retail sales were up 1.7 Overall retail sales were up 1.7 percent year over year. percent year over year.

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Inside Retail

JULY 14, 2021

The eroding effect of lockdown is likely to hit retail sales, according to research by NAB which predicts cashless retail sales to fall 1.1 These lockdowns look to have dented retail spending in areas hard-hit in 2020, notably hospitality and clothing and footwear,” said NAB chief economist Alan Oster.

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VMS

NOVEMBER 17, 2021

stocks closed higher yesterday on news that retail sales increased in October, indicating strong consumer confidence and signaling a healthy holiday season, reports Reuters. The retailer also saw its biggest one-day percentage increase since April 2020 after besting quarterly estimates by almost $2 billion. The post U.S.

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Retail Times

APRIL 23, 2021

Retail sales volumes continued to recover in March 2021, with an increase of 5.4% when compared with the previous month reflecting the effect of the easing of coronavirus (COVID-19) restrictions on consumer spending; sales were 1.6%

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Inside Retail

MAY 12, 2021

The March rebound also reflected the increase in spending relative to the start of the COVID-19 period in March 2020. Despite stronger overall spending intentions compared to March 2020, spending intentions on retail slowed.

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Inside Retail

MAY 18, 2021

Netherlands-based supermarket chain Spar saw sales increase 7.4 per cent for the year to December 2020, hitting $62.5 Sales in the wider Asia-Pacific region grew by 1.5 billion) in retail turnover driven by the strong result in Australia and China, which recorded retail sales growth of $2.4 billion (€39.8

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Inside Retail

NOVEMBER 9, 2022

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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Inside Retail

JULY 4, 2021

Though impacted by lockdown in Victoria, Australian retail turnover rose 0.4 The result follows a massive jump in yearly sales in April, as the industry cycled out the initial impact of the Covid-19 lockdown in April 2020. The vast bulk of retail spending continues to be made in stores, with online sales representing 9.1%

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Inside Retail

MAY 8, 2022

Since early 2020, like everyone, I’ve been online a lot more. Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. For the year to June 2021, consumer retail spending grew by 9.1 It turns out I’m not the only one.

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VMS

MAY 17, 2021

Retail sales in April remained flat during the past month, but showed dramatic growth year-over-year when compared to April 2020, according to a National Retail Federation press release. “In percent year-over-year growth though retail sales in April were virtually unchanged seasonally adjusted from March.

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Inside Retail

JULY 22, 2024

Its economic data analysis will include retail sales at its August meeting with speculation around another increase in interest rates. Retailers are praying for a most unlikely cut to interest rates or, at least, a hold on them at the August board meeting.

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Inside Retail

AUGUST 2, 2021

Online retail sales accelerated 7.6 per cent in June, following a rebound in May from a down-note in April, according to NAB’s monthly online retail sales index. Having said that, online sales growth accelerated in states and territories with and without lockdown in the month.”. per cent higher than a year prior.

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Inside Retail

JUNE 16, 2021

While the northern hemisphere basks in the warmth of summer, winter officially begins in Australia — which also means, it’s time to get ready for End of Financial Year (EOFY) sales. With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses.

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Inside Retail

OCTOBER 2, 2024

“It is quite the milestone, it does mean we’ve officially taken the designer crown of being the longest-running consumer fashion event in Australia,” Matthew Flinn, MFW senior manager, told Inside Retail. Since 2020, MFW has delivered $80 million in economic impact for the city of Melbourne. “We’ve

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Inside Retail

SEPTEMBER 13, 2022

With landlord abatements now coming to an end, some retailers are also reporting rental increases of around 5 per cent for specialty stores and 4 per cent for large store chains. per cent in June 2020. Retail sales increased by 1.3 Retail sales are still well ahead by 16.5 This savings rate peaked at 23.7

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Inside Retail

AUGUST 11, 2024

Among those celebrating 30 years of tenure with Officeworks this year is Dee Brun, who is in retail sales with the company. To date the business has supported more than 40,000 students since 2020, surpassing the commitment it made to helping 30,000 students by 2025.

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Inside Retail

AUGUST 30, 2021

ASIC records show administrators from global consulting firm Ankura were appointed to the business on August 26, 17 months after the brand collapsed for the first time in March 2020.

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VMS

DECEMBER 28, 2021

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2020 and 14.6

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Inside Retail

MAY 2, 2022

per cent this year, resulting in a boost in retail sales. Retail analyst at GlobalData, Koyel Ray, said Apac’s airport retail sales fell by $10 billion in 2020 before rebounding slightly last year to $11.8 GlobalData’s latest report found the number of passengers in Apac will surge by 33.9

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VMS

JUNE 11, 2021

According to the company’s findings, Amazon’s gross merchandise volume (GMV) grew “significantly” quicker between 2014 and 2020 than both U.S. adjusted retail sales. retailer in 2022.”. e-commerce and U.S.

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Inside Retail

SEPTEMBER 21, 2021

per cent in January-July 2020 over the same period in 2019. In Australia, that occurred on 76 days in the first seven months of 2021, compared with a staggering 97 days in the comparable period of 2020. So you could say retailers benefited from three full weeks more trading in January-July 2021 than in January-July 2020.

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Inside Retail

OCTOBER 4, 2021

Online sales accelerated 8.8 per cent in August compared to a month prior, according to the latest NAB Online Retail Sales Index, and 25.6 This result] indicates considerable strength in the index, given that the base of August 2020 had already growth over 65 per cent on August 2019,” NAB chief economist Alan Oster said.

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Retail Times

AUGUST 20, 2021

Retail sales volumes fell by 2.5% higher than their pre-coronavirus (COVID-19) pandemic February 2020 levels, the latest ONS figures reveal. between June and July 2021; looking more broadly, however, they were up by 5.2% in the three months to July compared with the previous three months and are 5.8%

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Inside Retail

MARCH 14, 2024

Coles fell two spots to number five, which allowed German supermarket giant Aldi to take third place as Woolworths was dethroned from the number one spot it had held since 2020. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales. Bunnings is now back in first place.

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Retail Times

JANUARY 21, 2022

Retail sales volumes fell by 3.7% higher than their pre-coronavirus (COVID-19) February 2020 levels. in December 2021 but were 2.6%

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Retail Times

APRIL 28, 2021

trillion spent globally on the top 100 online marketplaces in 2020. That’s 62% of global online retail sales. B2C online marketplaces such as Amazon and Walmart are a very big deal, with $2.67

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Inside Retail

NOVEMBER 8, 2022

per cent, year-on-year retail sales growth in August 2022. Sales across Brand Collective are good, and the areas where we’ve seen a slower start to the season have been weather-dependent businesses, like children’s shoes, where you’d expect would normally have a huge sandal period,” she said.

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Inside Retail

APRIL 29, 2021

Amazon expects net sales in the quarter ended June 30, 2020, to be between US$110 billion and US$116 billion, an increase of between 24 per cent and 30 per cent year on year. It’s not surprising that Amazon has done really well,” Jason Pallant, a senior lecturer in marketing at Swinburne Business School, told Inside Retail. .

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Inside Retail

OCTOBER 28, 2022

Wedbush Securities analyst Michael Pachter said, “It’s possible that retail sales will decline year-over-year. ” Amazon forecast net sales of between $140 billion and $148 billion, or growth as little as 2 per cent from a year earlier. .” Analysts were expecting $155.2 Cloud misses.

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Retail Times

OCTOBER 22, 2021

Retail sales volumes fell by 0.2% higher than their pre-coronavirus (COVID-19) pandemic February 2020 levels. in September 2021, following an upwardly-revised 0.6% fall in August; accoridng to the latest figures from the Office for National Statistics (ONS). Despite the fall in September, volumes were 4.2%

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Retail Times

DECEMBER 17, 2021

Retail sales volumes rose by 1.4% higher than their pre-coronavirus (COVID-19) February 2020 levels, according the latest figures from the Office for National Statistics. in November 2021 and were 7.2%

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Retail Sales 45

Inside Retail

APRIL 8, 2021

The impact of Covid-19 restrictions nationally was not as serious as in the early months of calendar 2020 and sales were bolstered by Black Friday, Click Frenzy and Cyber Monday leading into Christmas. One retail group that remains bullish about future prospects is Premier Retail, which posted a 7.2

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Retail Times

AUGUST 16, 2021

According to Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment, UK retail sales excluding petrol are expected to grow 12% during the 16 August to 19 September back-to-school period compared to the same time pre-pandemic in 2019. compared to 2020.

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Retail Times

MAY 12, 2021

Despite the reopening of the high street and against strong figures for April 2020 (the first full month of the first lockdown, when growth was +44%), online retail sales continue to grow in April, rising by +10.2% Year-on-Year (YoY).

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Inside Retail

JUNE 30, 2021

In fact, China saw its economy strengthen in November 2020, with retail sales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth.

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