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 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

MAY 3, 2022

Australian retail sales surged 9.4 per cent in March compared with the same month last year as the impact of Omicron on consumer shopping behaviour wore off. Month on month, sales were up 1.6 And the volume of retail sales reached a record $33.6 And the volume of retail sales reached a record $33.6

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Inside Retail

JULY 18, 2024

So consumers are still shopping, albeit differently, making it more important to identify the changes in behaviour. So, where do you determine the changes in shopping behaviour? “We Download your complimentary copy of Quantiful’s report Why planning accuracy is key to the future of retail here.

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Inside Retail

FEBRUARY 14, 2023

million, benefitting from the “continued strength of retail sales” which led to improved cash collections, rental growth, and a higher percentage of rent. Further reading: Vicinity Centres to trial battery storage at two malls The post Retail sales recovery boosts Vicinity Centres’ bottom line appeared first on Inside Retail.

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Retail Focus

MARCH 30, 2023

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. Remember to focus on providing personalized service, engaging customers, and using creative promotions to entice them to shop until they drop.

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Inside Retail

OCTOBER 28, 2022

Margaret River Shopping Centre and Busselton Boulevard Shopping Centre in Western Australia have been put for sale for the first time in 10 years. On behalf of the vendor, a private family that has owned the centres since 2011, James Douglas of CBRE and Craig Butler of VPG Property will oversee the sale process.

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VMS

NOVEMBER 17, 2021

Retail enjoyed a boost in sales in October as Americans began their holiday shopping early to avoid pandemic-related supply chain issues, reports the National Retail Federation (NRF). Overall retail sales were up 1.7 Overall retail sales were up 1.7 percent year over year. Census data.

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Retail Bound

MAY 9, 2023

Retail-specific influencers play a significant role in promoting products and driving sales for brands at specific retailers. Additionally, influencer campaigns can be a useful tool to help increase your audience reach and consumer product education, so they are informed prior to shopping.

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Retail Focus

FEBRUARY 8, 2022

So, making used retail car sales and the buying process more appealing to customers is necessary. In the face of increased online shopping, this isn’t much different from how retail shops have had to up their game to entice visitors through their doors. Customers increasingly research online first.

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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

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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VMS

JUNE 10, 2021

The National Retail Federation (NRF; Washington, D.C.) revised its annual forecast for 2021, predicting retail sales will exceed $4.44 Revealed during the association’s “State of Retail and the Consumer” event, the prediction exceeds NRF’s original projection of 6.5 The post NRF: Retail Sales to Surpass $4.44

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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

NOVEMBER 7, 2022

Then, of course, there is Diwali, the Indian New Year and unofficial start of the country’s peak shopping period, with festivities generally stretching from August through December. 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 Bound

NOVEMBER 28, 2023

In this blog, we’ll explore how product videos can benefit retail sales and why they should be an integral part of any brand’s marketing strategy. Personalization and Customization One of the biggest advantages of product videos is their ability to personalize and customize the shopping experience for customers.

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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. You can also watch the video on demand here: 1. ” 2.

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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

JUNE 22, 2021

Online training systems ensure that a consistent message is delivered to all of your team so that your customers get the same experience, no matter where they shop with you. . The post Training retail sales teams? Here’s why face-to-face won’t cut it anymore appeared first on Inside Retail.

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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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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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Inside Retail

AUGUST 19, 2024

Vicinity Centres has acquired a 50 per cent stake in the Lakeside Jundaloop shopping centre in Western Australia from Future Fund for $420 million, and will co-own it with Lendlease-managed Australian Prime Property Fund – Retail. Its tenancy profile is supported by 16 mini-majors and 267 specialties and kiosks.

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Inside Retail

FEBRUARY 15, 2024

During the six months, Vicinity entered into contracts for asset sales to fully fund the acquisition of the remaining 49 per cent of Chatswood Chase Sydney shopping mall. “1H Total portfolio retail sales grew 1.5 per cent, largely driven by food, sporting goods, cosmetics, and retail services. “In

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VMS

SEPTEMBER 20, 2021

retail sales jumped by 0.7 The surprise sales increase was likely fueled by back-to-school shopping and child tax credit payments from the government, the article says. Online purchases were the key driver of the sales, helping offset a slumping auto sector beset by a global microchip shortage. declined 1.8

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VMS

DECEMBER 28, 2021

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2019.

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VMS

MAY 18, 2021

shoppers are returning to shopping malls, according to a report by Placer.ai, published by the International Council of Shopping Centers (ICSC). The improving domestic economic environment and shopper sentiment have increased shopper foot traffic and sales across our portfolio. “The Shopper visits to malls was down 18.7

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Inside Retail

NOVEMBER 18, 2021

“We’re not telling people not to shop, we’re just telling them there’s a different and better way to shop,” Krideras told Inside Retail. They say it’s much more than a sales event, calling it a “movement” of mindful shopping. We are experiencing a generational shift that’s going to redefine all retail.

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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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Inside Retail

NOVEMBER 13, 2024

With retail sales declining for four consecutive months as consumers cut down spending, Raffles City is now implementing a strategic shift to increase footfall, adapting to the changing market dynamics. We have observed a growing appreciation for in-person shopping and interaction amongst our shoppers and tenants,” she said.

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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

MAY 2, 2023

Sustained levels of retail sales delivered a “robust” third quarter for shopping mall operator Vicinity Centres. For the three months to March 31, sales in stores across the company’s portfolio rose by 13 per cent year on year and strong tenant demand drove an increase in leasing deals.

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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

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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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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Retail Times

MAY 12, 2021

Despite the reopening of the high street and against strong figures for April 2020 (the first full month of the first lockdown, when growth was +44%), online retail sales continue to grow in April, rising by +10.2% Year-on-Year (YoY).

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Inside Retail

APRIL 18, 2023

Shoppers are increasingly conscious of spending less, and shopping strategically to find the best deal and save.” Further reading: Retail sales surge in February – but how much is inflation? The post Australian Easter spending rise lags inflation appeared first on Inside Retail.

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Retail Times

AUGUST 16, 2021

As parents start to look to the new school year, UK retailers are already preparing for a strong back-to-school shopping season.

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