Department Stores, Line and Retail Sales

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Department stores still drive retail sales growth in Japan – for now

Inside Retail

JULY 10, 2023

Japan’s department stores bear a striking resemblance to cruise ships: they’re big, luxurious, move glacially and serve an ageing customer. Japan’s Ministry of Economy, Trade and Industry (METI) reports that department stores led the retail sales recovery through the first five months of the year.

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Japan’s department stores: What’s left when the tourism tide goes out?

Inside Retail

JANUARY 9, 2024

Japan’s storied department stores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. On the surface of it, department stores still have their mojo: sales in October rose by 5.3

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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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Price, not volume, driving Australian retail sales growth

Inside Retail

SEPTEMBER 6, 2022

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. per cent, driven by the expected 5.5

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“Solid note”: US retail sales soar in December amid strong festive period

Inside Retail

JANUARY 18, 2024

Retail sales in the US soared 0.6 per cent increase in November, according to the Commerce Department’s Census Bureau. On a year-on-year basis, US retail sales were up 5.6 On a year-on-year basis, US retail sales were up 5.6 For 2023, unadjusted retail sales increased 3.2 per cent and 5.7

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Retail sales surge 9.4 per cent – but good times ‘could be short lived’

Inside Retail

MAY 3, 2022

Australian retail sales surged 9.4 Month on month, sales were up 1.6 March saw the highest growth rate since April last year when sales surged 24 per cent against April 2020 when lockdowns devastated the retail trade. And the volume of retail sales reached a record $33.6 The post Retail sales surge 9.4

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Analysis: What to expect from retailers’ FY24 results

Inside Retail

JULY 22, 2024

Its economic data analysis will include retail sales at its August meeting with speculation around another increase in interest rates. Retailers are praying for a most unlikely cut to interest rates or, at least, a hold on them at the August board meeting. Department stores followed suit with January up 1.7

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August retail figures show impact of prolonged lockdowns

Inside Retail

SEPTEMBER 27, 2021

National retail sales fell 1.7 The data, care of the ABS, demonstrates the prolonged impact lockdowns around the country are having on the retail industry: clothing, footwear and personal accessories sales fell 17.4 per cent, department stores 15.9 Food retailing rose 2.7 per cent, household goods 5.9

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Inside Central Chidlom’s luxury makeover in Bangkok

Inside Retail

JUNE 10, 2024

The department store huffed and puffed, but its status was clearly under threat. The floors that have been unveiled already make a sparkling addition to the department store and transport it firmly into the 2020s, making its new company-coined moniker, “Store of Bangkok”, only just a teeny-weeny exaggeration.

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No Christmas spending boom, warns ARA

Inside Retail

OCTOBER 5, 2023

However, department stores are expected to see a 2.9 per cent improvement and other general retailing – including books, cosmetics and recreational goods – by 1.7 per cent increase in retail sales, Tasmania up by 0.7 Hospitality spending is predicted to fall by 4.2 per cent, household goods by 3.2 per cent.

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Can Singapore’s CapitaLand maintain its momentum as the economy slows?

Inside Retail

MAY 22, 2023

For some time now, the growth of e-commerce in the Lion City has been falling back in line with the growth rate of retail sales as a whole. 2023: the year of normalisation Retail sales per square foot (or per square metre according to your taste) for CapitaLand’s malls increased 10.2 per cent versus 4.1

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Analysis: EOFY won’t end the tough times for many

Inside Retail

JUNE 14, 2022

The retail industry has cause for a touch of optimism entering the next financial year but it is unlikely that the rollercoaster ride is over for everyone. Retail sales for the first four months of 2022 are showing encouraging growth but the devil is in the detail, with the underlying driver of the increased revenue levels being inflation.

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Ginger & Smart enters Saks after wowing at Fashion Week

Inside Retail

OCTOBER 4, 2021

Australian luxury fashion label Ginger & Smart is spreading its wings to the US next month, when it enters high-end department store Saks Fifth Avenue off the back of its show at Afterpay Australian Fashion Week (AAFW) in June. We’ll develop a core line [of denim] that will gently underpin our main collection.

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Retail Returns Increased to $761 Billion in 2021

VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. percent of total U.S.

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Luxe for less: Best & Less enters beauty category with cult brand MCoBeauty

Inside Retail

MARCH 17, 2022

Discount department store Best & Less has made its debut in the lucrative beauty category, unveiling a pink pop-up store from MCoBeauty this week. . Now also available online at Best & Less, MCoBeauty is the first beauty brand stocked at the value chain, in 120 of its stores across the country.

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What Is Visual Merchandising?

Creative Displays Now

MARCH 8, 2022

It’s a crucial strategy to make your products stand out in a competitive retail space. Effective visual merchandising can have a significant impact on your bottom line. This practice took off in the 19th century after department store window displays became popular. In-Store Shopping Experience.

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A cost-of-living crisis is brewing in Asia. Here’s what it means for retail

Inside Retail

NOVEMBER 1, 2022

per cent, so you can see how this has retailers worried. At the front lines are food retailers, which are passing on some, but not all, of the increased costs, fearing correctly that consumers will reduce purchases. In August (the latest reported month at the time of writing), non-auto retail sales were up 16.2

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Create Retail Today

Department stores still drive retail sales growth in Japan – for now

Japan’s department stores: What’s left when the tourism tide goes out?

Trending Sources

Inside Shinsegae: The Korean department store with a golden boot

Price, not volume, driving Australian retail sales growth

“Solid note”: US retail sales soar in December amid strong festive period

Retail sales surge 9.4 per cent – but good times ‘could be short lived’

Analysis: What to expect from retailers’ FY24 results

August retail figures show impact of prolonged lockdowns

Inside Central Chidlom’s luxury makeover in Bangkok

No Christmas spending boom, warns ARA

Can Singapore’s CapitaLand maintain its momentum as the economy slows?

Analysis: EOFY won’t end the tough times for many

Ginger & Smart enters Saks after wowing at Fashion Week

Retail Returns Increased to $761 Billion in 2021

Luxe for less: Best & Less enters beauty category with cult brand MCoBeauty

What Is Visual Merchandising?

A cost-of-living crisis is brewing in Asia. Here’s what it means for retail

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