This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In a rollercoaster year for retailsales, a survey of retailers has indicated an optimistic outlook for store network growth. The scale of a renaissance in bricks-and-mortar store openings may well be modest but it does contrast with an extended prior to and through the Covid-19 pandemic of store network pruning.
The newly released Cost of Living Insights from CommBank iQ explores how economic uncertainty is flowing to people’s wallets. Stepping even further out by age reveals the contrast. Under 30s have cut back substantially in retail categories like apparel (-8 per cent) and department stores (-15 per cent). per cent ii.
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 retailsales growth. How did they adapt?
Like many retail stores, a major renovation project just is not in the cards right now. COVID-19 has had a huge impact on retailsales and priorities have shifted. A few smart changes to your retail floor space can have a big impact on its overall appearance. The flow of your store needs to reflect this.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content