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Supply and demand: Where the retail property market is headed

Inside Retail

Add to that a natural increase (births minus deaths) of just over 200,000 over the same period and you have a material population gain to support retail sales growth. Even as immigration slows under political pressure to reduce numbers, retail industry professionals have reason to remain optimistic.

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When Is the Time Right to Fire Your Retail Sales Agency?

Retail Bound

For product startups, partnering with a retail sales agency often feels like a natural step. These agencies bring expertise, established relationships, and credibility to help your brand penetrate retail markets. Sometimes, the very agency you trusted to drive your retail success may start holding your business back.

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Apac tipped to fuel global airport retail market recovery

Inside Retail

According to GlobalData, the growth will be driven by the increase in retail space and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations. per cent this year, resulting in a boost in retail sales. However, it does not expect pre-pandemic levels to return until 2024.

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Singapore’s Raffles City aims to win back customers through elevated retail mix 

Inside Retail

With retail sales declining for four consecutive months as consumers cut down spending, Raffles City is now implementing a strategic shift to increase footfall, adapting to the changing market dynamics. We have observed a growing appreciation for in-person shopping and interaction amongst our shoppers and tenants,” she said.

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Why Vietnamese mall giant Vincom is well-positioned for growth in 2023

Inside Retail

It also operates a smaller format called Vincom+ to address the needs of consumers in secondary locations (15 malls), and Vincom Center (7 malls), another CBD concept with a GFA of 40-60,000 square metres. Consumer prices were up 4.3 per cent occupancy) and Vincom Plaza (79.5 per cent) are a drag on portfolio occupancy.

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Tips from a travel retail expert on tapping into passenger demand

Inside Retail

Secondly, Heubel recommended that retailers should “be more sophisticated around data, and collaborate with airlines. By “talking” to passengers through their travel retail expeditions, retailers will have a more in-depth understanding of what consumers are looking for and their shopping patterns.

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For Singapore’s Capitaland, the mall comes roaring back

Inside Retail

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. per cent) and department store BHG (1.0