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Global online retail sales tipped to reach US$6.8 trillion by 2028

Inside Retail

Total global online retail sales are expected to grow from US$4.4 Online retail sales will record a compound annual growth rate (CAGR) of 8.9 per cent during the five-year period, according to the Global Retail E-Commerce Forecast report, which covers data in 40 countries globally. trillion in 2023 to $6.8

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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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Inside Designworks’ four-pronged expansion strategy

Inside Retail

per cent, year-on-year retail sales growth in August 2022. Sales across Brand Collective are good, and the areas where we’ve seen a slower start to the season have been weather-dependent businesses, like children’s shoes, where you’d expect would normally have a huge sandal period,” she said. Focusing on the consumer.

Expansion 246
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Key trends that will help retailers respond to growing consumer confidence

Retail Focus

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

Consumer 211
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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

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.

Strategy 130
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How Bubble cracked the Australian market, by mirroring its US and UK strategy

Inside Retail

Five months before launching in Australia, the business focused on gaining a deep understanding of Australian consumers and the trends, desires and purchasing habits of its tween to late-teen target market. A key insight that emerged from our research is that Australian consumers want ‘skincare to be easy’,” Richards said.

Strategy 130
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Vietnam malls: Was Vincom’s saturation strategy the right move?

Inside Retail

Vincom Retail is Vietnam’s biggest mall operator by dint of opening malls here, there and everywhere, but is this the right strategy? Its continuing stagnation in key operating metrics on a year-over-year basis, despite rising retail sales and a sound economy, is concerning. appeared first on Inside Retail Australia.

Strategy 130