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Sharp improvement in retail sales as Omicron impact wanes

Inside Retail

The Omicron outbreak has failed to dampen retail sales despite initial concerns about foot traffic and staff constraints during the early part of January according to ARA CEO Paul Zahra. . per-cent year-on-year increase in retail sales across the country in January and a 14.4-per-cent per cent, followed by apparel, up 8.5

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Christmas retail sales tipped to top $60 billion

Inside Retail

Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Meanwhile, the Australia Retail Association (ARA) says Australian retail sales increased 12.9

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Stable retail sales data belies plight of small businesses, says ARA chief

Inside Retail

Stable retail sales data for May have been welcomed by the Australian Retailers Association – but the body warns smaller businesses are still vulnerable to the impacts of Covid-19. According to Australian Bureau of Statistics (ABS) figures released today, Australian retail sales were up 7.4 Sales were down by 1.5

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Lululemon’s ANZ boss talks menswear, personalisation and a new, premium flagship

Inside Retail

Emporium Melbourne presented the ideal location for us to host ANZ’s largest Lululemon store – it’s a premium destination with high foot traffic, allowing us to reach a large audience at a one-stop shopping hub. IR: I love anything personalised; could you share details about the addition of the experiential retail element in-store?

Strategy 264
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How poor planning is costing retailers sales – and profits

Inside Retail

“All this leads to bottom-line benefits for retailers, and a happy workforce able to work on strategic initiatives to win markets.” For example, if you ask Quantiful’s AI engine to predict 15 days of demand in 45 days, you can expect a forecast with up to 85 per cent accuracy down to SKU location level.

Planning 147
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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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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.