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Unwrapping retail spending over the Christmas sales season

Inside Retail

With 2024s peak shopping season in the rearview mirror, consumer spending behaviours and responses to major retail sales events are coming into focus. Examining where and when people shopped reveals valuable insights for retailers as they hone their strategies ahead. per cent to $51 billion.

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Vincom’s retail struggles: Vacancy woes persist amidst Vietnam’s shopping boom

Inside Retail

But last week, when it released its financial results for the fourth quarter and the year, it was back to the same-old familiar story of new openings, declining revenue, a weak bottom line and a chronic vacancy problem like a toothache that wont go away. And it has only itself to blame. per cent from the fourth quarter of 2023.

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An open-lidded letter to Tupperware

Inside Retail

You tossed humour about lightly and cleverly, with lines like “Tupperware talks turkey,” and “No need to give your family the bird day after day after day.” Even Myer, whose retail sales have slumped, is sitting pretty as our country’s No. “All food needs Tupperware. Lettuce takes it to heart. Cake is sweet on it.

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Black Friday 2024 results showcase the growing power of AI and chatbots

Inside Retail

To put these numbers into perspective, that is more than double what US consumers spent online on Black Friday 2017, which drove US$5.03 billion in e-commerce sales. “The So while Black Friday has changed, it’s still absolutely critical for retailers, even if the ways they need to take advantage have shifted,” Chernofsky concluded.

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“A big vote of confidence”: Why Walmart’s store upgrades are key

Inside Retail

Currently, Walmart is the largest retailer in the US, with over double the retail sales of its nearest competitors. In 2022, Walmart accounted for approximately US$500 billion in retail sales. To provide a point of comparison, Walmart’s US revenues totaled about US$318.5 billion in 2017.

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Mmm, it’s the sweet smell of advertising success

Inside Retail

Secondly, it speaks to a certain level of digital preparedness from the retail industry when the pandemic struck – or at least the ability to change tactics quickly. . Some of the lift in retail sales we can also put down to a siege mentality in the face of uncertainty – remember when you couldn’t buy toilet paper for love nor money?

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

Inside Retail

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