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In contrast, the two formats Vincom operates in secondary locations Vincom Plaza and Vincom+ have persistent vacancy rates in the 20-30 per cent range, which isnt a good look. Retail is booming and rents are, too, in the main cities Vincoms performance took place against the backdrop of booming retailsales.
per cent on retail services for the 12 months to March, 2023. In contrast, spending for individuals under that age – and across the same categories – had declined by 8.4 She also said that there had been a change in consumer habits, whereby younger customers are tending to purchase products during promotional and sales periods.
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 retailsales data. It’s all too easy to get stuck dissecting the monthly ABS retail data. billion and $1.6
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