Inside Retail

JUNE 19, 2022

Retailers face challenges of consumers shifting toward value purchases, squeezed margins and rising business costs. He expects retail sales by volume will increase by an average of only 1.1 per cent for retail price growth. . Those sectors, predicts Deloitte, will drive double-digit sales growth 5.5

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Inside Retail

NOVEMBER 17, 2024

As we approach the busiest time in the retail calendar year, one question looms: How can retailers revive sales in a landscape of unstable inflation and changing consumer habits? The latest Consumer Price Index (CPI) figures show inflation has fallen to within the RBA’s target band at 2.8 points in September.

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VMS

JUNE 17, 2021

retail sales dipped 1.3 percent last month as the effect of the stimulus checks on consumer spending fades, reports CNN. The automotive sector was to blame for much of those losses as car sales dropped 3.7 Without auto sales, May numbers would be down 0.7 percent according to the U.S. Census Bureau. The post U.S.

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Inside Retail

JANUARY 18, 2024

Retail sales in the US soared 0.6 On a year-on-year basis, US retail sales were up 5.6 On a year-on-year basis, US retail sales were up 5.6 For 2023, unadjusted retail sales increased 3.2 Food and grocery stores posted sales growth of 1.0 per cent increase. per cent in December.

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Inside Retail

AUGUST 3, 2023

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.

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Inside Retail

OCTOBER 31, 2024

The e-commerce giant has seen its market share erode in apparel as Shein and Temu quickly expanded in international markets with US$12 dresses and US$10 gadgets. Shein and Temu have specialised in offering dresses, accessories and gadgets “that the consumer is less time-sensitive about,” he said.

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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 She said that consumers are already making cuts. Rising interest rates hits consumer and business confidence.

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Inside Retail

JANUARY 28, 2025

With 2024s peak shopping season in the rearview mirror, consumer spending behaviours and responses to major retail sales events are coming into focus. Examining where and when people shopped reveals valuable insights for retailers as they hone their strategies ahead. per cent to $51 billion.

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VMS

JULY 27, 2021

retail sales dipped in July after hitting their highest level in nearly three years in June, reports Reuters. The Confederation of British Industry defied economists’ expectations that sales would drop more drastically this month. Retail Sales Down Slightly in July appeared first on Visual Merchandising and Store Design.

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Inside Retail

NOVEMBER 17, 2024

Alibaba Group Holding missed analysts’ estimates for second-quarter sales on Friday, as persistent economic uncertainty sapped consumer spending in China and weighed on the e-commerce group’s domestic business. per cent rise in sales across all major e-commerce platforms, according to data provider Syntun.

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Inside Retail

DECEMBER 29, 2022

per cent, followed by food and grocery retailing, up by a more modest 7.6 Spending on apparel and accessories surged 19.8 But Zahra said the unprecedented pre-Christmas spending did not diminish the spending appetite of Aussies leading into what he described as the year’s “marquee retail savings event”. “It million, up by 14.3

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Inside Retail

MARCH 3, 2025

Indeed, many retailers will happily say goodbye to 2024, a period when high inflation and interest rates remained persistent and an ongoing cost-of-living crisis crushed consumer sentiment to its lowest in 45 years, all of which resulted in anaemic national year-on-year retail sales growth. How did they adapt?

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Inside Retail

SEPTEMBER 13, 2022

Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. A look at consumer sentiment and spending . Consumer sentiment fell by 3 per cent to 81.2 Retail sales increased by 1.3

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Inside Retail

AUGUST 15, 2021

Established as a denim brand in Italy in 1981, Replay sells a comprehensive range of apparel, accessories and footwear for men, women and children under the Replay, Replay & Sons and We Are Replay brands. The initial Replay offering will be heavily skewed towards menswear, with a narrower range of apparel and footwear for women.

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Inside Retail

NOVEMBER 7, 2022

Meanwhile, the gross merchandise value (GMV) of Southeast Asia’s e-commerce market is expected to grow by a CAGR of 17 per cent from US$129 billion in 2022 to US$280 billion in 2027, and the number of digital consumers in the region is expected to grow to 370 million by the end of 2022. A month later, on 14 March, men reciprocate the gesture.

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Inside Retail

JUNE 30, 2024

The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”

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Inside Retail

DECEMBER 19, 2022

The tradition of gift-giving at Christmas drives billions of dollars in retail sales every year. In Australia alone, consumers are expected to spend $63.9 Charity retailer Salvos Stores aims to tackle the unintended waste around Christmas by encouraging more consumers to purchase secondhand gifts.

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Inside Retail

MAY 22, 2023

A number of retailers have affirmed analysis from Commbank’s Cost of Living Insights Report which showed that financial pressures aren’t hitting everyone equally. Spending among 35+ year old consumers had increased by 3.1 per cent on apparel, and by 9.7 per cent on retail services for the 12 months to March, 2023.

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Inside Retail

JUNE 22, 2023

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

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Retail Focus

JANUARY 11, 2024

‘Muted’ Golden Quarter fashion sales were buoyed by a Black Friday boost to order volumes, while fashion revenues rose +6% compared to 2022 in December, the latest data from True Fit, the leading AI platform that decodes size and fit for consumers and apparel and footwear retailers.

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Inside Retail

SEPTEMBER 19, 2023

Top 10 fastest growing retailers Amid the dynamic and competitive retail landscape in 2022, ‘GoTo Gojek Tokopedia PT’ and Singapore’s ‘Sea Ltd’ emerged as standout performers, achieving retail sales growth rates of 44 per cent and 43 per cent, respectively.

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Inside Retail

MAY 17, 2023

per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 And one of the remaining three, Neiman Marcus, is basically an upscale apparel department store. Operating stats also improve Occupancy at Simon’s domestic properties stands at 94.4 per cent from the preceding 12-month period.

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Inside Retail

OCTOBER 5, 2023

Australian consumers are continuing to tighten their budgets as the cost-of-living crisis – including high interest rates – bites into their disposable income. per cent and apparel by 0.8 per cent improvement and other general retailing – including books, cosmetics and recreational goods – by 1.7 per cent, household goods by 3.2

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Inside Retail

JANUARY 4, 2024

So with Carrefour’s distress as a background, it was refreshing to hear retail executives, one after another, when presenting to the investment community during the second half of this year, say that business in China was mending and for some booming. To back it up, retail sales in China rose sharply in November, by 10.1

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VMS

DECEMBER 28, 2021

The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. Consumers splurged throughout the season, with apparel and department stores experiencing strong growth as shoppers sought to put their best dressed foot forward.”. percent in 2020 and 14.6

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Inside Retail

NOVEMBER 1, 2023

Sales up and inflation non-existent On the surface at least, things are by no means dire. China’s National Bureau of Statistics (NBS) states that retail sales were up 6.8 In September, sales were up 5.5 Keep in mind also that demographics are swinging slowly against consumer spending on merchandise.

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Inside Retail

MAY 22, 2022

For example, Shinsegae’s net department store sales were a little more than a third of the value of all its department store transactions.). Shinsegae, which had first-quarter net sales in its department stores of 585 billion KRW, performed particularly strongly and outpaced the sector as a whole. The Consumer Price Index was up 4.8

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Inside Retail

APRIL 30, 2024

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4

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Inside Retail

NOVEMBER 11, 2021

The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alibaba once aggressively promoted. Alibaba turned China’s informal Singles’ Day into a shopping event in 2009 and built it into the world’s biggest online sales fest, dwarfing Cyber Monday in the United States.

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Inside Retail

DECEMBER 10, 2024

E-commerce marketplaces to gain share In 2025, Coresight Research expects online marketplaces will capture an even larger share of retail sales, and may even potentially outpace traditional retailers, as consumers continue to favour the convenience and competitive prices that platforms like Shein and Temu offer.

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Inside Retail

FEBRUARY 2, 2023

MLB offers a wide variety of categories from shoes, bags, apparels to accessories. The brand has focused a lot on its direct to consumer operations, and Valiram revealed that MLB is currently working on gamification and building its online sales channels. Stay tuned,” he said.

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VMS

AUGUST 11, 2021

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 Read the press release: Retail sales in the U.S.

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Inside Retail

JANUARY 11, 2023

A second factor in the coming year is retailer caution: sales might be recovering satisfactorily, but investment in new stores looks set to remain muted, even as consumers start wanting to come out in greater numbers as Covid-19 restrictions ease. But with consumers going out again and tourists arriving, there’s hope.

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VMS

APRIL 7, 2021

The forecast comes as the total percentage of e-commerce retail sales continue to jump. Currently at 18 percent, UBS predicts e-commerce sales will climb to 27 percent. The note also predicted apparel retailers will be the largest group impacted by growing e-commerce.

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Inside Retail

JULY 27, 2022

The good news is that e-commerce is expected to continue to grow as a total share of retail sales. In a recent international study on e-commerce that Ipsos carried out across seven markets, including Australia, there was a near-consensus among retail decision-makers that the nature of retail has changed permanently.

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Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers. percent.

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Inside Retail

OCTOBER 22, 2024

According to estimates by the boffins at the Australian Bureau of Statistics, about 45 per cent of retail sales were made by independents as recently as the mid-1990s, but that number has plummeted to only 29 per cent in the first eight months of this year. These are colossal declines and they don’t seem to be slowing down much.

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