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Ramadan shopping trends unpacked: What retailers need to know

Inside Retail

Ramadan continues to be a crucial shopping period across Southeast Asia, with evolving consumer behaviours and market dynamics shaping the retail landscape. Growing demand has led some retailers to operate 24 hours a day to accommodate changing consumption patterns. This year, Ramadan began on February 28 and ends on March 30.

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Half of UK consumers back a return to VAT-free shopping for tourists to boost retail spend and visitor numbers, Retail Technology Show research reveals

Retail Focus

Despite the Government refusing to overturn the abolition of the duty-free shopping for tourists in the Spring Budget, now half (50%) of UK consumers want the scheme to be reinstated, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators.

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Click Frenzy to conscious shopping: Peter Krideras unveils Green Friday

Inside Retail

“We’re not telling people not to shop, we’re just telling them there’s a different and better way to shop,” Krideras told Inside Retail. They say it’s much more than a sales event, calling it a “movement” of mindful shopping. We are experiencing a generational shift that’s going to redefine all retail.

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Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

So far, Australian department stores appear to have weathered the pandemic better than their global counterparts, with most having only had moderate store closures and delivering relatively strong half-yearly results, with retail sales rising at twice the predicted rate from March 2021 to April 2021.

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Niche luxury labels remain attractive in Singapore amid luxury fatigue 

Inside Retail

Luxury shopping in-store locally is slowly losing ground to pop-ups and curated niche luxury shopping events, such as those offered by UltraLuxe,” Angela Loh, UltraLuxe’s CEO and founder, as well as the festival director for JeweLuxe and Advocacy, told Inside Retail. billion (approximately US$9.1

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How to ensure Black Friday doesn’t become the nightmare before Christmas

Inside Retail

As self-proclaimed Christmas elves with a curated Spotify Christmas playlist, we understand that we are on the (very) early end of the spectrum. Yet even we have noticed that retailers appear to be decking the halls and increasing the play count for Mariah Carey’s ‘All I want for Christmas is You’, earlier each year.

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Singapore’s Raffles City aims to win back customers through elevated retail mix 

Inside Retail

With retail sales declining for four consecutive months as consumers cut down spending, Raffles City is now implementing a strategic shift to increase footfall, adapting to the changing market dynamics. We have observed a growing appreciation for in-person shopping and interaction amongst our shoppers and tenants,” she said.

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