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Supply and demand: Where the retail property market is headed

Inside Retail

Add to that a natural increase (births minus deaths) of just over 200,000 over the same period and you have a material population gain to support retail sales growth. Even as immigration slows under political pressure to reduce numbers, retail industry professionals have reason to remain optimistic.

Marketing 200
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Five retail leaders discuss how to deliver value in a spending slump

Inside Retail

Indeed, many retailers will happily say goodbye to 2024, a period when high inflation and interest rates remained persistent and an ongoing cost-of-living crisis crushed consumer sentiment to its lowest in 45 years, all of which resulted in anaemic national year-on-year retail sales growth. How did they adapt?

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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

The shift in spending towards online channels is another permanent outcome of the pandemic, with annual events such as the Black Friday and Click Frenzy sales helping to propel end-of-season retail sales well into November , permanently changing the flow of consumers’ retail spending patterns.

Flow 246
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Why retail has cautiously embraced the 2023 Federal Budget

Inside Retail

At the same time, retail sales have receded for two consecutive months – constituting a consumer recession. However, retail associations including the Australian Retailer Association (ARA) and the National Retail Association (NRA) have commended announcements aimed at supporting businesses and consumers.

Flow 244
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Bond-eye CEO: “Copy-cats are unable to do this which sets us apart”

Inside Retail

All four brands are globally distributed with strong retail sales and partnerships throughout Australia, New Zealand and North America, and a growing presence in Europe. Bond-eye currently has a presence in 31 countries through its direct-to-consumer (DTC) e-commerce business and global retail partnerships.

Marketing 147
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The recovery prospects of the world’s second-largest economy: China

Inside Retail

To be fair to the event, discounts have become available year-round since the pandemic, with retailers competitively offering them to woo belt-tightening consumers, thereby helping stunt sales growth during big shopping festivals. Sales during the marquee Singles Day shopping bonanza last year grew just 2 per cent.

Consumer 147
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Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday

Inside Retail

Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service.

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