Inside Retail

NOVEMBER 13, 2024

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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Inside Retail

OCTOBER 11, 2021

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. These changes have made trust levels high for recognised retail brands’ product quality, pricing, and return or replacement of merchandise – helping to underpin the growth in online shopping.

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Inside Retail

JUNE 22, 2021

Online training systems ensure that a consistent message is delivered to all of your team so that your customers get the same experience, no matter where they shop with you. . To further understand how to implement a training program within your business and drive engagement in your workers, book a demo today!

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Retail Focus

NOVEMBER 29, 2023

The survey of 2,000 UK consumers aged 16 to 26 was conducted in October 2023 and sought to identify the shopping habits and preferences of older Gen Z shoppers during the Golden Quarter , the peak retail sales period that runs from October through December. Currently, Gen Z is recognised as ages 11 through 26.

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Inside Retail

DECEMBER 11, 2023

Welcome to December and the chance for retailers to redeem themselves with customers. Historically, the highest retail sales and earnings were generated in December in the weeks leading to Christmas and the following Boxing Day sales.

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Retail Focus

JULY 20, 2021

A multi-million pound programme of investment announced today by Ellandi , a UK privately-owned shopping centre operator, is set to transform Merry Hill shopping centre near Birmingham into a best-in-class regional retail destination and the most vibrant family lifestyle destination in the West Midlands by July 2025.

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Inside Retail

AUGUST 21, 2023

Mocka sales fell 24.1 million as customers returned to in-store shopping and the brand moved on from FY22 operational issues and improved customer confidence by enhancing product design and quality. For the first seven weeks of FY24, group sales fell 8.9 per cent to $48.6

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Inside Retail

NOVEMBER 13, 2023

The retailer also expanded its vision centres and pharmacies with private screening rooms, and placed digital touchpoints throughout the store to provide information of products and services. And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items. billion in 2017.

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Inside Retail

APRIL 16, 2024

Modern consumers, especially those within the Gen Z age bracket, are becoming increasingly interested in shopping methods that differ from the traditional e-commerce model of a direct-to-consumer website or shopping online via big-box retailers. However, TikTok Shop isn’t the only major player in the social commerce landscape.

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Inside Retail

AUGUST 27, 2024

As established luxury brands navigate complex market dynamics, emerging niche luxury labels are witnessing a notable uptick in consumer engagement and market presence. This trend stems from affluent consumers’ busy lifestyles and their preference for curated shopping experiences. The Singapore luxury market is no exception.

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Inside Retail

APRIL 21, 2024

The latest forecasts predict that China’s GDP and total retail sales of consumer goods will hit growth rates of 4.8 per cent) of surveyed department store operators expect their sales to grow in 2024, a significant decrease from last year’s 85.7 This includes exploring innovations in shopping environments and formats.

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Inside Retail

APRIL 30, 2024

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. The market is also seeing a strong focus on experiential shopping.

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Inside Retail

OCTOBER 20, 2024

The festive season is just around the corner, and despite economic challenges, Australian retailers have plenty of reasons to feel optimistic about this year’s peak shopping period. Recent research shows retail sales are set to surge, driven by savvy shoppers and key events like Black Friday and Cyber Monday.

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Inside Retail

SEPTEMBER 19, 2023

Top 10 fastest growing retailers Amid the dynamic and competitive retail landscape in 2022, ‘GoTo Gojek Tokopedia PT’ and Singapore’s ‘Sea Ltd’ emerged as standout performers, achieving retail sales growth rates of 44 per cent and 43 per cent, respectively.

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Inside Retail

MAY 2, 2022

per cent this year, resulting in a boost in retail sales. Retail analyst at GlobalData, Koyel Ray, said Apac’s airport retail sales fell by $10 billion in 2020 before rebounding slightly last year to $11.8 Airport retailers are welcoming data technological innovation to improve customer engagement,” Ray said.

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Inside Retail

JANUARY 8, 2022

million digitally active customers with Australian retailers, we can save consumers money while boosting retailers’ sales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth.

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Retail Focus

DECEMBER 10, 2021

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Estimates of a 4.2%

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Inside Retail

OCTOBER 5, 2023

The era of combative relationships between retailers and landlords has passed according to experienced retail property specialist Elizabeth Corr. The future should be about collaboration, especially in an era where online is taking a growing share of total retail sales, she says. The customer, absolutely.

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Retail Focus

DECEMBER 9, 2022

There has been a steady rise in e-commerce and online retail sales. The online sales sector has become a major component of modern business and online entrepreneurship. This article looks at how cryptocurrencies are changing online retail and e-commerce. The rise of e-commerce driven by crypto.

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Bay Cities

APRIL 1, 2022

We are still driving hard with retail sales in America. We know for certain ecommerce blew up in 2020 and in 2021 online sales drove towards an estimated 17 percent increase over the prior year. And all of this took place while keeping their doors open for us to shop (because Americans love to shop)!

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Inside Retail

MARCH 13, 2023

Murphy opened his first bottle shop in 1952 in Chapel Street, Prahran, Victoria, and differentiated the business by offering a guarantee to beat competitors’ prices. We haven’t seen any indication of customers trading down when it comes to the products they shop for with us,” Pfeiffer-Smith said. per cent in 2020.

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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. The retailer’s website is merely the start of a customer’s shopping journey today.

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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

FEBRUARY 20, 2024

Australia, like many other regions, is witnessing a significant shift in consumer behaviour, with e-commerce playing an increasingly integral role in the retail landscape. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2 billion in 2022.

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Inside Retail

OCTOBER 24, 2023

Last year, Black Friday sales saw November retail figures up by 1.4 Then along came December and retail sales took a dive of 3.9 Australian Retailers Association CEO Paul Zahra has already warned retailers to “anticipate a bargain-driven Christmas shopper” and that “overall Christmas spending is in decline.”

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Inside Retail

JULY 28, 2021

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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Inside Retail

JUNE 21, 2023

While retail is glamorous, many industry professionals will admit that retail property is kind of a boring necessity. Retail products and services cover the whole spectrum of human needs and wants, and those humans can be engaged, turned off, turned on and bewitched in all sorts of different ways.

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Inside Retail

JUNE 16, 2021

With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses. One surefire way to drive customers back is by participating in key retail sales events. For most brands, sales events have become a regular part of the calendar.

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Inside Retail

APRIL 13, 2022

You’ve chosen a great retail sales program for your team. Training your team is a significant investment, so it’s important to ensure that it’s driving the results you need, such as improved sales figures, growth in conversions, or net promoter scores. . Download: 3 Sales Coaching Tips for Busy Retail Managers.

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Inside Retail

MAY 31, 2021

With customers returning to bricks-and-mortar stores, and retail trade beginning to return to something resembling a pre-pandemic ‘normal’, shop-floor sales people are once again the first touch-point many customers will come in contact with when they want to buy.

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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 24, 2021

Amazon’s advertising revenues are forecast to reach $30 billion this financial year, close to 6 per cent of its retail sales, and many multiples beyond that of most traditional retailers. Driven by the need for contactless shopping due to Covid, Scan&Go has been growing its share of sales globally.

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Creative Displays Now

SEPTEMBER 15, 2023

Retail customers have various ways to shop, from brick-and-mortar to e-commerce stores. According to Google, 74% of people start shopping online even if they plan to visit a physical store. Even with the number of people shopping online, 85% of all retail sales still happen in brick-and-mortar stores.

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Inside Retail

MARCH 29, 2022

Women’s fashion brand Sheike has announced plans to open its first store in South Australia off the back of strong online engagement in the state. It’s a really vibrant space, and we’re so excited to open,” Sandra Kennedy, Sheike’s general manager, told Inside Retail.

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Inside Retail

OCTOBER 4, 2021

Customers that had never purchased online were forced to, leading to increased online conversion and sales, as well as longer delivery times and a struggling supply chain. But, with bricks-and-mortar retail soon back on the cards, how will customers’ shifted expectations around shopping change the way retailers need to sell in-store? “I

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Retail Bound

MARCH 7, 2023

Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and Incentive markets represent 80%.

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Inside Retail

OCTOBER 24, 2021

The collection was curated and styled by Zerina Akers, a celebrity stylist and the founder of Black Owned Everything, and will be available online and in Nordstrom x Nike shops across the US. It also plans to introduce new resources to help its Black-owned vendors grow and successfully scale their businesses in mass retail.

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