Inside Retail

JUNE 30, 2021

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Here, we chat with CEO of retail, Dato’ Joyce Yap, about the future of malls and how sector have evolved in the past year.

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Inside Retail

MAY 3, 2022

Australian retail sales surged 9.4 per cent in March compared with the same month last year as the impact of Omicron on consumer shopping behaviour wore off. Month on month, sales were up 1.6 And the volume of retail sales reached a record $33.6 And the volume of retail sales reached a record $33.6

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Inside Retail

NOVEMBER 8, 2022

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 per cent) and department stores (down 0.4 My tip is that retail sales figures in the next couple of months will start to reflect this. per cent bump.

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Inside Retail

AUGUST 19, 2024

Vicinity Centres has acquired a 50 per cent stake in the Lakeside Jundaloop shopping centre in Western Australia from Future Fund for $420 million, and will co-own it with Lendlease-managed Australian Prime Property Fund – Retail. Its tenancy profile is supported by 16 mini-majors and 267 specialties and kiosks.

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Inside Retail

SEPTEMBER 12, 2024

Sales results coming out of Japan in the past few weeks indicate that a high base-year comparison and a narrowing of the tourism effect are starting to have an adverse impact on growth. For large-scale home goods retailers sales growth was 1.6 Sales for them grew by 5.1 per cent compared with the same month a year ago.

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Inside Retail

DECEMBER 29, 2022

Department stores and the foodservice sector drove “unprecedented” Boxing Day sales growth across Australia according to data from the Australian Retailers Association and Westpac DataX. per cent on 2021, with department-store sales of $149 million up by 23.6 billion – 8.6 billion – up 15.3

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Inside Retail

APRIL 18, 2023

Sales from cafes, restaurants, and of takeaways rose 4.6 per cent, followed by other retailing at 3.9 Department-store sales were strong with 7.4 per cent growth, however sales of household goods fell by 2.5 Further reading: Retail sales surge in February – but how much is inflation?

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Inside Retail

JUNE 10, 2024

At the time, it was a unique and unparalleled shopping destination in a city that was a retail backwater, nowhere near as sophisticated in terms of its retail offer as it is today. The department store huffed and puffed, but its status was clearly under threat. But what a difference it already makes.

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Inside Retail

OCTOBER 11, 2021

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. The Covid-19 disruption has closed some businesses while accelerating a contraction of store networks many chains had started before the pandemic forced trading restrictions and lockdowns.

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Inside Retail

MAY 17, 2023

This makes FFO more reflective of the REIT’s true operating performance, since shopping centres and other properties often increase in value over time rather than depreciate. per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 per cent from the preceding 12-month period.

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Inside Retail

AUGUST 27, 2023

Meanwhile, other categories recorded “negative sales for the second consecutive month” with household goods down 4.9 per cent followed by clothing, footwear and accessories sales down 0.3 per cent and department stores sales slipping by 0.05

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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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VMS

DECEMBER 28, 2021

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment.

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Inside Retail

NOVEMBER 19, 2024

It’s also ahead of other retail areas like household goods (-2 per cent) and apparel (-2.5 As a CommBank iQ spending category, general retail covers more than 10 sub-segments, from pet, discount and department stores to online marketplaces. Stepping even further out by age reveals the contrast.

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Inside Retail

AUGUST 12, 2024

If one can imagine a Noah’s Ark for retail concepts, survival depends crucially on demonstrating that you really are a distinct and superior species, that consumers should come here to shop and not there. As incomes grow, consumers are gravitating to these one-stop-shop malls. million, up 1.4 per cent from US$486.3

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Barber Design

OCTOBER 6, 2016

Following on from our post about organic skincare brand, Neal’s Yard Remedies – it looks as if the iconic retailers are onto a winner as the latest retail trends suggest that health and beauty is a growing area of focus for many retailers – including major department stores John Lewis , Debenhams and Harvey Nichols.

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Inside Retail

SEPTEMBER 4, 2024

Citing CBRE data, CapitaLand reports that in the second quarter, rents increased by nearly 6 per cent, year over year on Orchard Road, Singapore’s most celebrated shopping strip. Now the bad news For retailers, it hasn’t been that easy in the island state of late, with retail sales growth, excluding motor vehicles, dipping by 2.5

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Inside Retail

MARCH 9, 2023

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. Retail occupancy is 98.3

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Inside Retail

DECEMBER 17, 2023

Before the pandemic, the Chinese special administrative region had bucked global trends of declining demand for multi-brand department stores and ultra-luxury brands largely due to its attractiveness to high-spending mainland visitors. British luxury department store Harvey Nichols is at the forefront of the changes.

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Inside Retail

OCTOBER 7, 2022

According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 Customers were spending more on clothing, footwear and personal accessories, department stores and cafes and restaurants in July 2022, compared to the 12 months prior, and consumer sentiment was also up, by 3.9

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Inside Retail

JANUARY 11, 2023

And the third factor is history: there is a school of thought – understandably strong among retailers – that rents were set too high leading up to the pandemic and that the period from 2020-22 reset them at more realistic levels. This means shopping malls and strips in secondary locations will be getting crumbs. per cent and 79.5

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Inside Retail

JANUARY 10, 2023

per cent increase in sales while department store sales grew by 7.6 per cent and food retailing at 8.4 By state, Queensland led with the highest growth in retail turnover at 10.4 It also shows the interest of consumers to bring their Christmas shopping forward to November,” she said.

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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 million, up 14.4

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Inside Retail

AUGUST 15, 2021

New concept stores, wholesale distribution and an online shopping site are set to roll out early next year. . PAS Group is also exploring wholesale distribution of the brand through the likes of David Jones and independent menswear retailers. It also plans to launch a local online shopping site. 550 million company.

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Inside Retail

FEBRUARY 5, 2024

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.

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Inside Retail

SEPTEMBER 26, 2021

After a period of months where it looked like sales were slowly but surely building a head of steam, governments suddenly slapped them down again with some of the tightest restrictions the world has endured during the past 18 months. Meanwhile, in Vietnam, retail sales were down a calamitous 33.7 per cent and 53.8

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Inside Retail

MAY 12, 2021

While the retail sector had been a standout in March 2020, as actual spending and spending intentions surged during the early stages of the pandemic, retail spending and spending intentions growth had stabilised in recent months.

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Inside Retail

APRIL 29, 2021

Amazon.com has posted its fourth straight quarter of record profits, thanks to the global shift to online shopping during the Covid-19 pandemic. . billion on sales of US$108.5 billion on sales of US$108.5 The two-day online shopping event occurred in October last year due to uncertainty around the pandemic. “In

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Inside Retail

OCTOBER 30, 2022

As businesses continue to cycle through last year’s Delta lockdowns, “substantial” sales increases were seen across all categories. per cent followed by department stores at 53.6 Other retailing grew by 11.5 per cent while household goods retailing increased by 10.6

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VMS

AUGUST 11, 2021

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 Read the press release: Retail sales in the U.S.

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Inside Retail

SEPTEMBER 13, 2022

Retail sales increased by 1.3 per cent increase in department stores and a 3.3 Retail sales are still well ahead by 16.5 Retailers will need to look at ways to lower costs, streamline operations and reduce disruptions to avoid losing their competitiveness. per cent month on month in July and are 16.5

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Inside Retail

OCTOBER 24, 2021

US department store Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative.

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Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. Thirdly, e-commerce should be seen as a channel that can drive shoppers in-store for intentional purchases.

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Inside Retail

JULY 21, 2024

In the May quarter, sales at the company’s existing malls in China grew by 6.7 This is reflected in the overall retail sales numbers released monthly by the country’s National Statistics Office. In June, retail sales were up 2.0 Meanwhile, the company is busy renovating existing projects.

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Inside Retail

MAY 3, 2023

per cent, with the Plaza format, which accounts for about two-thirds of its shopping centre portfolio, sitting at 81.1 By the standards of world-class shopping centre operation, that’s a bit ordinary, and occupancy in the Vincom+ format is scruffier still, at 73.2 The total portfolio occupancy rate sits at 84.5 per cent.

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Inside Retail

MAY 15, 2022

Even department stores like Takashimaya, Isetan and Aeon have had a fair measure of success in non-Japan Asia, notwithstanding their recent problems due partly to the pandemic. It isn’t going to work on every street corner, but it’s something that goes well in higher-end shopping malls and streets in urban locations.

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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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