Inside Retail

JANUARY 9, 2024

Japan’s storied department stores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. On the surface of it, department stores still have their mojo: sales in October rose by 5.3

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Inside Retail

NOVEMBER 19, 2024

It’s also ahead of other retail areas like household goods (-2 per cent) and apparel (-2.5 As a CommBank iQ spending category, general retail covers more than 10 sub-segments, from pet, discount and department stores to online marketplaces. Stepping even further out by age reveals the contrast.

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Inside Retail

SEPTEMBER 27, 2021

National retail sales fell 1.7 The data, care of the ABS, demonstrates the prolonged impact lockdowns around the country are having on the retail industry: clothing, footwear and personal accessories sales fell 17.4 per cent, department stores 15.9 Retail brought in $29 billion during August.

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Inside Retail

JUNE 10, 2024

The department store huffed and puffed, but its status was clearly under threat. The floors that have been unveiled already make a sparkling addition to the department store and transport it firmly into the 2020s, making its new company-coined moniker, “Store of Bangkok”, only just a teeny-weeny exaggeration.

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Inside Retail

FEBRUARY 5, 2024

But 10 years later, advertisers are falling back into old habits ditching long-term brand-building efforts to purely focus on activation campaigns that deliver sales in the short term. And that applies equally to retail sales data. It’s all too easy to get stuck dissecting the monthly ABS retail data. billion and $1.6

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Inside Retail

FEBRUARY 27, 2023

While the percentage year-on-year growth in sales made through online channels has fallen since the heights achieved during the pandemic, we continue to see a ‘locked-in’ step change in the volume of sales being made online: that means the investments made to expand the utility and reach of this channel continue to be a valuable base for retailers.

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Inside Retail

SEPTEMBER 21, 2022

Around 2007, however, we started seeing more and more “niche” fragrance brands being launched and entering department stores. This has delivered significant growth and our online sales are now in excess of 30 per cent of our total retail sales. IR: What is MFK’s physical store strategy?

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