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Hong Kong retail sales remain grim: Is there light at the end of the tunnel?

Inside Retail

Hong Kong retail sales continue to experience a recession, reporting a double-digit drop in two consecutive months in May and a 6.1 A government spokesman said the decline in sales was mainly due to the changes in the consumption patterns of visitors and residents, as well as the strength of the Hong Kong dollar.

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Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. CBRE said events and the return of international students and tourists as well as a return of office workers would be positive drivers for CBD retail sales in the year ahead. per cent to 13.9

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E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . In July there was a significant increase in people searching for specific brands and locations compared to the previous month.

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Choosing the Best Materials for Visual Merchandising Concepts in Luxury Retail Stores

Retail Focus

It is essential in retail display design to consider the different geographical locations of your physical store as climate, temperatures, and weather change across the globe. . Some materials may not suit particular locations and hinder the implementation of the campaign in global stores. Example 3: Display Pillars .

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Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

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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Amazon Australia maintains pace

Inside Retail

Pattern Australia has released its fourth annual report on consumer considerations and e-commerce. The most recent infrastructure project Amazon is launching in the region is the largest warehouse in the Southern Hemisphere, located in Western Sydney. You can download the full report here.

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Luxury Retailers Eye Smaller Cities

VMS

Once almost solely concentrated in major retail cities, luxury retailers are changing their location strategies due to new patterns of living and working, Frame reports. Austin — the location of this April’s Shop! One example is Austin, Texas, which ranked as the second- fastest-growing U.S. city in 2022.

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