Retail Times

OCTOBER 18, 2021

The latest data from the Office for National Statistics shows online sales, as a proportion of total retail sales, have reached 25.5%

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Inside Retail

NOVEMBER 13, 2023

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.

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Inside Retail

SEPTEMBER 17, 2023

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

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Inside Retail

NOVEMBER 28, 2022

Indeed, even Sydney Fish Market now has its own online commerce site. Yet for retail marketers, handing over these keys to the kingdom is no easy feat. During the pandemic’s first 14 months, Australia’s e-commerce market grew from around 9 per cent of the overall retail market share to 13 per cent.

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Inside Retail

MAY 9, 2023

The luxury retail market also expects spending to increase through 2027, up 5.4 This growth is led by millennials, people aged between 25 to 39, who have overtaken Baby Boomers as the largest generational group in Australia, now accounting for 22 per cent or 5.6 million of the population. per cent annually, mainly by the same category.

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Inside Retail

OCTOBER 5, 2023

With the big two dominating the retail landscape with 65 per cent of the retail market, most consumers have limited choice when it comes to buying groceries. The Australian Retailers Association (ARA) suggests 2-3 per cent of total retail sales are being lost, creating a major impact on overall profit.

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Inside Retail

JULY 1, 2024

VICs contributed around 80 per cent of the company’s luxury retail sales in the region. “We Peculiar timing The investment announcement comes at a time when Hong Kong’s luxury sector is stalling as Chinese customers tighten their belts while Hong Kong shoppers are spending more outside the territory.

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Retail Focus

FEBRUARY 2, 2024

Surviving and thriving in today’s competitive retail market requires more than offering quality products at best prices. Exceptional customer service goes beyond driving sales. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade.

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Inside Retail

AUGUST 20, 2022

billion on online retail , accounting for around 13.2 per cent of the total retail sales (NAB). Are you ready to reimagine retail marketing? Click here to download the Retail Customer Engagement review and transform shopping experiences to thrive in these times of great change.

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Inside Retail

MAY 22, 2022

It experienced year-on-year sales growth of 18.7 Retail sales are off to a flyer in Korea so far this year. Total retail sales in the country were up 7.7 More significantly, sales in January-March were well above the level of early 2019 (+15.1 What’s driving the surge? However, significant challenges remain.

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Inside Retail

MAY 8, 2022

Secondly, it speaks to a certain level of digital preparedness from the retail industry when the pandemic struck – or at least the ability to change tactics quickly. . Some of the lift in retail sales we can also put down to a siege mentality in the face of uncertainty – remember when you couldn’t buy toilet paper for love nor money?

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Retail Bound

MARCH 7, 2023

The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. Finding a way to sell across all channels, is where the concept of omni-channel retailing comes in. Retail stores is by far the largest retail market segment at $6.5

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Inside Retail

JULY 19, 2021

Like other online marketplaces, Better That takes a commission from all retailer sales on its platform, but unlike the competition, it donates up to 25 per cent, with a minimum of 10 per cent, of its net commission revenue to charities and community organisations. Better That is targeting 0.3

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Inside Retail

MAY 3, 2023

Luckily, Vietnam has never been dependent on tourism to drive demand to the same extent as some of its neighbours, notably Thailand, so it is mainly domestic consumption that will underpin retail sales growth. So far, it’s doing the trick. per cent.

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Inside Retail

JUNE 5, 2023

The company believes sales are now on a sustainable pathway, following 7.5 per cent growth in 2022, bringing total retail sales to 65.1 This was a significant milestone because, after a slump lasting two years, it finally brought sales above the level of 2019. Net profit came in at 1.6 billion THB, or about $72 million.

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Inside Retail

NOVEMBER 8, 2022

The first premium factory outlet centre in Japan, Gotemba, was opened about 20 years ago, at a time when Japan’s retail market was highly regulated and, with no hyperbole, the retail industry as a whole was teetering on the brink after a full decade of recession and weak consumption spending.

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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

NOVEMBER 18, 2021

China’s online retail sales increased by approximately 12 per cent last year, despite the period of lockdown earlier in the year, and the latest forecasts suggest we will see further advances. The future of China’s retail market is all about e-commerce.

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Retail Bound

SEPTEMBER 10, 2024

Contact us today to learn more about our services and start taking your product to new heights in the retail market. The post How to Measure the Retail Success of Your Product Launch appeared first on Retailbound. Our team of experts can provide the guidance and resources you need to ensure a successful product launch.

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Retail Bound

FEBRUARY 8, 2022

As Mark Twain once said, “The reports of my death are greatly exaggerated”; similarly, the death of brick and mortar has been predicted for the last 20 years, and by all reports, retail sales are up in 2021 and stores are expanding.

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Greater Group

DECEMBER 24, 2019

Online retail has been booming over the last couple of years and statistics show this method of shopping is only becoming more and more popular. According to figures published by Invesp, global online retail sales reached a total of 8.8% of total retail spending in 2018, compared to 7,4% in 2016 and 5,9% in 2014.

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Inside Retail

JUNE 20, 2024

How previous election seasons have affected the retail market When looking at all the elections from 1940 to today, retail sales have shown 0.8 This means it will be a bit more subdued for retail. per cent higher growth in election years than in non-election years. percentage points below the first three months.

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