Inside Retail

OCTOBER 29, 2023

Retail sales rose 2 per cent year on year to $35.87 The data prompted both the Australian Retailers Association (ARA) and the National Retail Association (NRA) to urge the Reserve Bank of Australia to keep the current interest rates to encourage more consumer spending. per cent to $5.5 per cent to $1.92

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Inside Retail

SEPTEMBER 25, 2021

The current Covid-accelerated e-commerce era has pitched Australian retailers in direct competition with each other not only within Australia, but with suppliers from all around the world. According to the NAB Online Retail Sales Index, Australians spent $48.1 billion on online retail in the 12 months to May 2021, around 13.2

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VMS

AUGUST 17, 2021

Retail sales reportedly declined 1.1 Book stores, Musical instrument and sporting goods stores had a sales decrease of 1.9 Car and motor vehicle parts dealers’ sales fell 3.9 Online sales also had a decline of 3.1 percent increase in sales from this time a year ago. percent, reports CNBC.

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VMS

APRIL 15, 2021

Retail sales are up 9.8 Between consumers receiving their $1400 government issued stimulus checks and retail reopening throughout the U.S., Food and beverage, clothing and sporting goods were the main categories driving spending. percent and sporting goods raked in a gain of 23.5

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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

MARCH 9, 2023

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

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Inside Retail

JUNE 5, 2023

With the pandemic fading in the rearview mirror, inflation becoming more subdued and consumer confidence returning, the home improvement sector is heating up along with Thailand’s summer weather. The company believes sales are now on a sustainable pathway, following 7.5 per cent growth in 2022, bringing total retail sales to 65.1

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