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Vincom’s retail struggles: Vacancy woes persist amidst Vietnam’s shopping boom

Inside Retail

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 retail sales.

Shopping 130
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Young adults are feeling the pinch – here’s how retailers are responding

Inside Retail

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.

Fashion 238
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Why short-term data alone won’t cut it for retailers in 2024

Inside Retail

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