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Retail sales grow in May amid early EOFY promotions

Inside Retail

Australian retail sales slightly rose year over year in May as shoppers took advantage of early end-of-financial-year (EOFY) promotions and sales events. Australian Bureau of Statistics (ABS) data showed that retail sales totaled $35.94 Food retail sales grew 3.0 billion during the month. billion. .

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Lululemon’s ANZ boss talks menswear, personalisation and a new, premium flagship

Inside Retail

Mirroring the success of our Brookfield Place store in Sydney, we wanted to bring a broader assortment, elevated experience and bespoke touches like accessory personalisation to this diverse guest base. How do these services align with Lululemon’s vision of providing a premium and personalised shopping experience?

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Vincom’s retail struggles: Vacancy woes persist amidst Vietnam’s shopping boom

Inside Retail

Retail is booming and rents are, too, in the main cities Vincoms performance took place against the backdrop of booming retail sales. National retail sales tabulated by Vietnams National Statistics Office (NSO) grew by a hefty 9.0 Elsewhere, rents are rising but more slowly and from a much lower level.

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Australia’s retail sales growth can’t last. Here’s how to prepare for it

Inside Retail

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 But clothing, footwear and accessories are up 2 per cent, food retailers are up 1 per cent while cafes and restaurants are also enjoying a 1.3 per cent bump.

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How Amazon is fending off competition by offering everyday essentials

Inside Retail

People are shopping more frequently at Amazon, adding more low-priced items with each checkout, Amazon said on Thursday, after it reported third-quarter revenue and profit that beat Wall Street expectations. . Amazon on Thursday reported a 7 per cent improvement in retail sales in the third quarter.

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Australian retail sales are looking strong

Inside Retail

Australian retail sales reached a record high in the last three months of 2021. This was due to relaxed virus restrictions and end-of-year holiday shopping, which underpins a robust economic recovery. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales.

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Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025

Inside Retail

The market for Moshi Moshis products and price points in neighbouring countries would seem to be substantial and the company has not been at all reluctant to open shops at a rapid pace. According to the company, Thailands retail sales increased by 8.9 million Thai baht (US$23.7 per cent, a decline from 53.1

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