Remove Location Remove Retail Marketing Remove Retail Sales
article thumbnail

Are Product Images Vital for Brick-and-Mortar Stores?

Retail Focus

Retail is now immersed within an omnichannel experience for customers, from the initial browsing stage all the way through to the final purchase stage. Research suggests that e-commerce now accounts for over 25% of all retail sales in the UK, and is expected to increase in the coming years (reaching one-third by the end of this year).

article thumbnail

The role of returnable transit packaging in supporting ?the 2021 omnichannel retail market

Retail Focus

The struggles of the UK high street and the acceleration of retail sales from ‘bricks to clicks’ have never been more apparent than during the Covid-19 pandemic. With e-commerce sales reaching 21.8% References: 1 E-commerce share of UK retail sales 2019-2024, Statista.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Inside Retail

As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retail market.” In 2022, Walmart accounted for approximately US$500 billion in retail sales.

Display 246
article thumbnail

Tips from a travel retail expert on tapping into passenger demand

Inside Retail

Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. The market is expected to grow to US$126.48

Location 130
article thumbnail

Hongkong Land banking on Hong Kong’s luxury rebound: strategic or optimistic?

Inside Retail

From a retailer’s perspective, retail brands are optimising their existing locations instead of acquiring new stores. Historically, they’ve done extremely well, and they want to optimise these locations,” he said. VICs contributed around 80 per cent of the company’s luxury retail sales in the region. “We

Marketing 130
article thumbnail

Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Vincom tries to cover itself with four tailored formats: Vincom Center, which is designed for high-density locations; Vincom Mega Mall, a retail/entertainment concept averaging about 110,000sqm of gross floor area (GFA); and Vincom+ and Vincom Plaza, two formats that are oriented toward smaller provincial cities. per cent.

Expansion 130
article thumbnail

How premium Japanese outlet Gotemba is bringing beauty to bargain shopping

Inside Retail

Snuggled in a forest at the foot of Japan’s Mt Fuji, Gotemba Premium Outlets is in a location that is picturesque, to say the least. It takes a great centre to do justice to the location alone, and Gotemba qualifies. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world.

Shopping 130