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Retail sales growth continues in February, but recovery still far away

Inside Retail

per cent at department stores, and 2.89 Clothing and accessories were relatively flat with a 0.4 CreditorWatchs chief economist Ivan Colhoun said retail sales were reasonably soft in February, but seasonal patterns have changed. per cent, followed by food with a 4.08 per cent improvement. Spending was also up 3.37

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Retail sales crept up in January, ABS data shows

Inside Retail

This means there has been no growth in retail turnover when we look through the volatility of the past few months,” Dorber said, noting that spending patterns shifted due to change in seasonality. Meanwhile, clothing, footwear, and accessories fell 1.7 Meanwhile, clothing, footwear, and accessories fell 1.7 per cent to $5.38

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Retail sales increase 3.1 per cent in August

Inside Retail

billion in August, attributed to the shift in weather pattern. billion while department stores climbed 2.1 Clothing, footwear, and accessories rose 2 per cent to $3.04 According to the Australian Bureau of Statistics (ABS), retail turnover increased 3.1 per cent year over year to $36.48 billion. .” per cent to $14.53

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Why tourists and big city flagships are key to Takashimaya’s recovery

Inside Retail

Japan’s Ministry of Economy, Trade and Industry said there were 210 department stores in Japan at the end of 2019 but attrition in the ensuing three years reduced that number to just 192 by the end of 2022. Both the Takashimaya and Tokyu stores were luxury-focused, and had been a fixture of their neighbourhoods for decades.

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Breaking down Black Friday 2023: Retailers share how it went

Inside Retail

This pattern of consumer behaviour is indicative of what you’ll see in the industry, [and] there’s an opportunity to bring forward bargains [and] purchases,” he said. She also said that electrical products such as air-fryers and Dysons were popular.

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Norm Architects balances "richness and restraint" in refresh of Alsterhaus' menswear department

Dezeen

Oak, grey stone and yellow-tinted glass are some of the materials that Norm Architects has used in its minimal makeover of the menswear section of German department store Alsterhaus. Spanning 24,000 square metres, the department store offers a mix of fashion, accessories, beauty products and homeware.

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Why it’s good to be a mall operator in the Philippines right now

Inside Retail

The booming retail business Aside from the retail properties, SM Investments also has a separate retail arm consisting of about 3850 department stores, supermarkets, hypermarkets and specialty stores. Same-store sales have been increasing at a rate above 6 per cent and twice that at its 74 department stores.