Inside Retail

OCTOBER 31, 2024

Despite the challenging trading environment, Prada Group ‘s retail sales increased across all its brands in the first nine months of the fiscal year. billion), with its retail net sales growing 18.3 Wholesale net sales climbed 8.6 Wholesale net sales climbed 8.6 The group’s net revenue rose 17.5

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Inside Retail

MAY 27, 2024

Australian retail sales increased by a mere 1.3 On a month-on-month basis, sales rose by just 0.1 The highest year-on-year growth was in the ‘other retailing’ category, which includes cosmetics, sports and recreational goods, up by 4.7 per cent to $35.7 per cent in April after falling 0.4 per cent. .

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Inside Retail

APRIL 30, 2024

Australian retail sales in March remain subdued despite an early Easter, only rising 0.8 Australian Bureau of Statistics data showed that other retailing, which include cosmetic, sports and recreational goods, grew 2.4 Food sales went up 2.1 Meanwhile, the Northern Territory saw the highest sales growth of 4.4

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Inside Retail

AUGUST 29, 2024

Australian retail sales moderately improved in July, which Australian Bureau of Statistics (ABS) data attributed to the continuation of mid-year sales. billion, with the ‘other retailing’ segment, which includes cosmetics, sports, and recreational goods, recording the highest growth, of 5.5 billion. .

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Inside Retail

JULY 3, 2024

Australian retail sales slightly rose year over year in May as shoppers took advantage of early end-of-financial-year (EOFY) promotions and sales events. Australian Bureau of Statistics (ABS) data showed that retail sales totaled $35.94 Food retail sales grew 3.0 billion during the month. per cent.

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Inside Retail

SEPTEMBER 30, 2024

Despite retail sales growing in August, businesses are still urging the Reserve Bank of Australia to cut interest rates to help the sector thrive through the holiday season. According to the Australian Bureau of Statistics (ABS), retail turnover increased 3.1 per cent with sales amounting to $5.75 Food sales grew 3.8

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Inside Retail

FEBRUARY 28, 2024

Australian retail sales inched higher in January, with food-related spending leading the growth. Australian Bureau of Statistics data showed that January retail sales rose 1.1 ‘Other’ retailing sales climbed 2.8 Cafes, restaurants, and takeaway sales grew 2.5 per cent to $5.38

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Inside Retail

SEPTEMBER 27, 2023

Australian retail sales were up only 1.5 The growth was largely driven by sales from the cafes, restaurants, and takeaway industry, which rose 8 per cent, followed by food with a 3.5 Other retailing remained flat with only 0.1 per cent year over year to $35.4 per cent increase. per cent in August. per cent growth.

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Retail Focus

FEBRUARY 18, 2025

Key Applications of Product 3D Rendering in Retail So, how can you use product 3D rendering services to boost your retail sales? Read reviews: Look for testimonials from other retailers. Conclusion In todays competitive retail landscape, standing out is more important than ever. So, why wait?

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Inside Retail

JANUARY 29, 2025

Then, to kick off 2025, Mr Yu laid down some new rules for his staff: Among other things, they should not stand in the way of a divorce request from their spouse in the event of an unhappy marriage; domestic violence wasnt permitted; and when borrowing money, the amount should not exceed ones monthly salary. per cent in December (4.2

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Inside Retail

OCTOBER 29, 2023

Retail sales rose 2 per cent year on year to $35.87 The data prompted both the Australian Retailers Association (ARA) and the National Retail Association (NRA) to urge the Reserve Bank of Australia to keep the current interest rates to encourage more consumer spending. billion, while department store sales went up 1.3

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Inside Retail

JUNE 28, 2022

Seasonally adjusted Australian retail sales grew in May by 10.4 Sales of household goods rose at 0.4 per cent while other retailing registered a 1.5 The post Inflation helps fuel strong Australian retail sales in May appeared first on Inside Retail. per cent and 0.8 per cent respectively.

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Inside Retail

JANUARY 29, 2024

Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. ” Department store sales climbed 3.7 billion, followed by food sales which grew 1.4 ” Department store sales climbed 3.7 per cent to $1.83

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Inside Retail

MARCH 27, 2024

Taylor Swift’s The Eras Tour concert helped drive retail sales to a modest increase in February, according to the Australian Bureau of Statistics. February retail spending totalled $35.8 ” ABS data showed that clothing, footwear and accessories sales rose 4 per cent, the strongest growth across all categories.

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Inside Retail

MARCH 27, 2023

per cent followed by food sales at 7.9 Other retail spending grew by 3.2 per cent while sales of household goods fell by 2.3 Australian Retailers Association (ARA) CEO Paul Zahra said spending growth over the past few months has “gradually softened”. Further reading: Australian retail sales surged 7.5

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Inside Retail

MAY 20, 2021

After retail sales slipped in March due to a continued return toward ‘normal’ trading, monthly turnover recovered slightly in April 2021, rising 1.1 Our recovery is uneven, and some businesses are in a better position than others. CBD retailers, particularly small businesses, along with travel retailers are our biggest concern.

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Inside Retail

MAY 3, 2022

Australian retail sales surged 9.4 Month on month, sales were up 1.6 March saw the highest growth rate since April last year when sales surged 24 per cent against April 2020 when lockdowns devastated the retail trade. And the volume of retail sales reached a record $33.6 Apparel sales grew by just 0.5

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Inside Retail

JUNE 19, 2022

He expects retail sales by volume will increase by an average of only 1.1 per cent for retail price growth. . The report found that the hospitality sector’s sales are increasing, benefiting from pent-up demand for social interaction. The March quarter saw retail prices up by 3.2

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Inside Retail

FEBRUARY 27, 2025

per cent to $298 million while sales slid 0.7 Retail sales declined 1.5 On the other hand, hotel sales increased 3.3 billion on the back of higher food, bars, gaming, and accommodation sales. On the other hand, hotel sales increased 3.3 per cent while hotel sales grew 4.7

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Inside Retail

AUGUST 29, 2022

Australian retail sales reached a record high in the last three months of 2021. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales. The only industry to see a decline was food retailing, which fell by 1.6 per cent. per cent. . per cent and 10.2

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Inside Retail

APRIL 24, 2024

Reporting by the business media of retail sales and other economic data produced by governments in developing Asia is often too trusting. Officially then, China’s retail sales rose by 4.7 The online share of total retail sales is now 23 per cent. billion, Same-store sales grew by 6.6

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Inside Retail

OCTOBER 28, 2024

Meanwhile, European sales climbed 15.9 per cent) and other European countries €1.55 per cent surge, reaching €456 million in sales. Kering’s Bottega Veneta, with retail sales up 9 per cent, is demonstrating similar credentials, not quite at the same level, but certainly compared to its brethren and many others.”

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Inside Retail

NOVEMBER 7, 2024

We have a holistic strategy to grow our men’s business and one of the key elements to reach this goal is to dedicate a significant portion of our retail sales floor to delivering a compelling assortment and inclusive environment for our male-identifying guests.

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Inside Retail

MAY 29, 2022

Year-on-year retail sales growth hit 9.6 Sales reached an estimated $33.9 per cent increase, and the ‘other retailing’ sector 14.4 Sales reached an estimated $33.9 per cent increase, and the ‘other retailing’ sector 14.4 per cent increase in retail turnover.

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Inside Retail

OCTOBER 28, 2021

Australian retail turnover rose 1.3 According to Australian Bureau of Statistics, sales in Queensland hit their highest level ever during the month, while other states which remained in lockdown continued to struggle, said director of quarterly economy wide statistics Ben James. Food retailing saw a large fall by 1.4

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Inside Retail

JULY 10, 2024

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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Inside Retail

JULY 18, 2024

If trained correctly by drawing on data from throughout the retail business and with external sources such as econometrics, search, and social media, AI-driven forecasts can deliver at speed and scale and are best when combined with judgemental forecasts where the business activates promotional or other demand-driving initiatives.

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Inside Retail

NOVEMBER 13, 2024

“Participation has definitely lifted our brand profile as we continue to grow our brand and to explore our options overseas,” Denni Francisco, founder of Ngali, told Inside Retail. I think it helps [others] to see Ngali as a serious Australian First Nation fashion brand, the calibre of which saw us be able to present a solo runway in 2023.”

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Inside Retail

JANUARY 28, 2025

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. The growth rate slowed for all other age groups.

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Retail Focus

MARCH 30, 2023

Start Networking With Influencers Reach out to stylists, bloggers, influencers, and other relevant people in your industry to forge relationships. Build Relevant Partnerships Partner with other stores, services, or even non-profits to create exclusive offers and unique experiences. Put these to use, and you’ll notice great results.

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Inside Retail

AUGUST 22, 2024

Footwear retailer Accent Group ‘s net profit plunged amid higher sales in the last fiscal year. million despite sales increasing 2.7 However, like-for-like retail sales fell to 1.7 In the first seven weeks, total sales grew 8.7 Like-for-like retail sales jumped 3.5 per cent to $59.5

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Retail Focus

JUNE 14, 2021

While there are many people who may carry on with online purchases, many others want to get back to traditional stores. The Guardian reported that retail sales jumped over 5% as Covid restrictions started to be eased in April 2021. There are many reports that the British high street is starting to look a lot healthier again.

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Inside Retail

MAY 3, 2023

Cafes, restaurants and takeaway sales were up 17 per cent followed by food sales at 8.6 per cent, department store sales at 4.7 per cent and clothing, footwear and accessories sales at 3.6 Other retailing increased by 1.6 per cent, however household goods sales fell 5.7 per cent year-on-year.

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Inside Retail

JANUARY 28, 2025

Apparel retailer Accent Group the parent of Platypus and Hype DC, among other labels expects to achieve earnings of $80 million for the first half of the fiscal year. per cent increase in total owned sales, including wholesale. Like-for-like retail sales rose by 2.9 The group reported a 4.6 per cent.

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Inside Retail

FEBRUARY 24, 2025

And thats not all, there is a qualitative benefit, too: China is delivering lessons for how to serve other markets as well. McMillon said: We’re taking [lessons] from markets like China and quickly standing up fast delivery solutions in other markets.

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Inside Retail

AUGUST 3, 2023

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.

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Inside Retail

MARCH 13, 2023

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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