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According to GlobalData, the growth will be driven by the increase in retailspace and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations. per cent this year, resulting in a boost in retailsales. However, it does not expect pre-pandemic levels to return until 2024.
And while the business’ sales stayed flat compared to FY21, Endeavour Group has managed to diversify itself across the alcohol retailspace, with a number of new brands and offers now online, signalling new potential moving forward. Compared to the beginning of Fy20, before Covid-19 hit, retailsales were up 12.7
Omnichannel retail is about creating consistent experiences across apps, websites, social media , ads, and in- store visits to increase customerengagement. Put simply: customers want to purchase effortlessly and seamlessly across every platform. The Value of Omnichannel Shopping Experiences.
With total retailsales projected to reach $350 billion this year, Vietnam is rapidly becoming a key player in Asias retail landscape. Savills explores the key drivers of growth, market challenges and future opportunities shaping Vietnams retail industry this year. per cent year-on-year in Q4 last year.
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