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

AUGUST 29, 2022

Australian retail sales reached a record high in the last three months of 2021. This was due to relaxed virus restrictions and end-of-year holiday shopping, which underpins a robust economic recovery. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales.

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Inside Retail

JULY 31, 2023

All of this has had a damaging effect on retail sales, which have been subdued in recent months. According to a joint study by the Australian Retailers Association and American Express, 32 per cent of small and medium businesses with a turnover of less than $50 million are feeling uncertain about the year ahead. “The

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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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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

OCTOBER 20, 2024

The festive season is just around the corner, and despite economic challenges, Australian retailers have plenty of reasons to feel optimistic about this year’s peak shopping period. Recent research shows retail sales are set to surge, driven by savvy shoppers and key events like Black Friday and Cyber Monday.

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Inside Retail

APRIL 18, 2023

This year’s Easter sales were driven by food retailing contributing $3.6 Sales from cafes, restaurants, and of takeaways rose 4.6 per cent, followed by other retailing at 3.9 Department-store sales were strong with 7.4 per cent growth, however sales of household goods fell by 2.5 billion – up 8.6

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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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Parcel Pending

NOVEMBER 4, 2024

As we approach the 2024 holiday season, retailers are gearing up for another year of generational differences in shopping habits. Understanding these distinctions is crucial for businesses looking to capitalize on the year’s busiest shopping period. retail growth in Q1 2024.

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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. to create an immersive and upscale shopping experience. In Conclusion… These are just some of the techniques you can use to increase high-end retail sales.

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Retail Focus

JUNE 14, 2021

In the USA the term ‘retail apocalypse’ is being used widely to describe the fallout from the pandemic and its subsequent effects. It is predicted that over the next few years, around 80,000 retail units will close across the states. This will bring an end to many shopping malls too as people choose different ways to shop.

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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 27, 2023

Retail spending grew 2.1 Food sales (up 4.9 per cent) and cafes, restaurants and takeaway sales (up 9 per cent) bolstered overall retail activity. Meanwhile, other categories recorded “negative sales for the second consecutive month” with household goods down 4.9

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Inside Retail

FEBRUARY 16, 2025

FFO is a REIT non-GAAP metric that adds back real-estate depreciation and other items to net income on the assumption that this provides a more accurate picture of how the company is performing. Other shopping-centre companies will be releasing their 2024 results over the next two weeks. They are getting good reviews.

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Inside Retail

DECEMBER 17, 2024

Research from E-marketer shows that global marketplaces accounted for 62 per cent of online retail sales last year up four points from 2022. And make no mistake, TikTok Shop is now coming to this market. David Jones customers are twice as likely to shop on Temu than the average Australian.

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Inside Retail

OCTOBER 11, 2021

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. These changes have made trust levels high for recognised retail brands’ product quality, pricing, and return or replacement of merchandise – helping to underpin the growth in online shopping.

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Inside Retail

FEBRUARY 6, 2024

Once fully implemented, the company expects to take restructuring and other charges of between US$500 million and $700 million, before taxes,” the company said in a statement. The decrease also reflects a 1 per cent headwind due to business disruptions in Israel and other parts of the Middle East,” the company said in a statement.

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Inside Retail

SEPTEMBER 26, 2024

The Australian Competition and Consumer Commission’s (ACCC) interim report for supermarkets inquiry revealed that almost 50 per cent of consumers now ‘often’ or ‘always’ compare prices before shopping, a significant increase from 17 per cent found by the watchdog’s 2008 Grocery Inquiry.

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Inside Retail

NOVEMBER 7, 2022

According to a recent report by Bain & Co and Meta, GDP growth and inflation in Southeast Asia are projected to perform better than other markets, such as the US and EU. The Thailand Grand Sales usually occur around this time. Online sales are also very popular during this period. Super Shopping Day event in 2018.

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Retail Focus

APRIL 20, 2024

Despite the Government refusing to overturn the abolition of the duty-free shopping for tourists in the Spring Budget, now half (50%) of UK consumers want the scheme to be reinstated, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators.

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Inside Retail

JULY 22, 2024

The Reserve Bank of Australia and retailers will be staring each other down in the weeks ahead. Its economic data analysis will include retail sales at its August meeting with speculation around another increase in interest rates. The Australian Bureau of Statistics (ABS) noted the December 2023 quarter’s 0.3

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Inside Retail

MARCH 16, 2025

The third company reporting segment is rental and retail services from space it leases to small tenants in its self-anchored malls in Thailand and Malaysia. Although it is a much smaller income stream than wholesale or retail sales, it is important and becoming more so. Revenues for this segment amounted to 3.6

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Inside Retail

OCTOBER 8, 2023

Local governments and their communities around the world have been concerned for decades about the decay of their High Streets (called ‘strips’ in Australia, ‘Main Streets’ in America, and various other names in Asia), which is closely linked to the growth of shopping centres. Would they go well in a shopping centre?

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Inside Retail

APRIL 19, 2023

Tap into the online retail boom Despite the well-reported in-store shopping boom, data shows that e-commerce sales have not returned to their pre-Covid levels, which means there are more people shopping online today than ever before. Check out the other videos in this series for further insights. ” 2. “I

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Inside Retail

SEPTEMBER 19, 2022

Its cash cow of discovering new products and services has served it well, but it has long looked at getting closer to the transaction in its platform – either by actually completing the transaction or building a social shop. Best I know, none of them got much traction with retailers nor, more importantly, with users.

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Inside Retail

NOVEMBER 9, 2022

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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Inside Retail

NOVEMBER 13, 2023

The retailer also expanded its vision centres and pharmacies with private screening rooms, and placed digital touchpoints throughout the store to provide information of products and services. And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items. billion in 2017.

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Retail Focus

JULY 20, 2021

A multi-million pound programme of investment announced today by Ellandi , a UK privately-owned shopping centre operator, is set to transform Merry Hill shopping centre near Birmingham into a best-in-class regional retail destination and the most vibrant family lifestyle destination in the West Midlands by July 2025.

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Retail Focus

DECEMBER 10, 2021

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Estimates of a 4.2%

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Inside Retail

NOVEMBER 26, 2023

Retailers worldwide have battled slowing conditions, with Australian footwear giant Accent Group and American fashion brand Guess recently highlighting the impact lower consumer confidence is having on the wider market. “The online retail sector is one of the few where the consumer is a bit more in the driver’s seat.

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Inside Retail

MARCH 15, 2022

The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world. Prior to Gotemba, Japan’s retail market was tightly regulated and the industry in bad shape. Government statistics show that at the time of Gotemba’s opening, retail sales in Japan had fallen for 42 consecutive months.

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Inside Retail

MARCH 3, 2025

Indeed, many retailers will happily say goodbye to 2024, a period when high inflation and interest rates remained persistent and an ongoing cost-of-living crisis crushed consumer sentiment to its lowest in 45 years, all of which resulted in anaemic national year-on-year retail sales growth. How did they adapt?

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Retail Focus

NOVEMBER 29, 2023

The survey of 2,000 UK consumers aged 16 to 26 was conducted in October 2023 and sought to identify the shopping habits and preferences of older Gen Z shoppers during the Golden Quarter , the peak retail sales period that runs from October through December. Currently, Gen Z is recognised as ages 11 through 26.

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Inside Retail

AUGUST 15, 2021

New concept stores, wholesale distribution and an online shopping site are set to roll out early next year. . It indicates that we’re looking to bring a lot of new business into the organisation,” Eric Morris, CEO of PAS Group, told Inside Retail about Wilkinson’s appointment. It also plans to launch a local online shopping site.

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Inside Retail

FEBRUARY 14, 2023

After multiple paradigm shifts in 2022, retailers are facing a very different landscape in the months ahead. Let’s start with shoppers finally emerging from a Covid-19 cocoon of contemplation and online shopping. Some went without products in many non-essential categories altogether, others deferred large purchases.

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Inside Retail

APRIL 29, 2021

Amazon.com has posted its fourth straight quarter of record profits, thanks to the global shift to online shopping during the Covid-19 pandemic. . billion on sales of US$108.5 billion on sales of US$108.5 The two-day online shopping event occurred in October last year due to uncertainty around the pandemic. “In

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