Inside Retail

JANUARY 16, 2025

Liz Randle, Vinnies Victoria’s head of merchandise and retail innovation, has been with the company for over 13 years and has witnessed the op shop’s evolution from a network of bricks-and-mortar stores into an e-commerce platform. We have created an environment that heroes our values and honours the donation, said Randle.

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Inside Retail

FEBRUARY 5, 2025

Retail is booming and rents are, too, in the main cities Vincoms performance took place against the backdrop of booming retail sales. National retail sales tabulated by Vietnams National Statistics Office (NSO) grew by a hefty 9.0 The 20th birthday party was a well-staged event, but it doesnt paper over the cracks.

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Inside Retail

NOVEMBER 8, 2022

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 But clothing, footwear and accessories are up 2 per cent, food retailers are up 1 per cent while cafes and restaurants are also enjoying a 1.3 per cent) and department stores (down 0.4

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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

MARCH 10, 2025

Add to that a natural increase (births minus deaths) of just over 200,000 over the same period and you have a material population gain to support retail sales growth. Even as immigration slows under political pressure to reduce numbers, retail industry professionals have reason to remain optimistic.

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Inside Retail

NOVEMBER 7, 2024

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. How do these services align with Lululemon’s vision of providing a premium and personalised shopping experience?

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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

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

SEPTEMBER 4, 2024

Fawkner Property has acquired Townsville’s Willows shopping centre in Queensland from Dexus Wholesale Property Fund for $212 million. Willows has gross lettable area of 44,507sqm and its major tenants include Big W, Woolworths, Coles, Aldi, Rebel, TK Maxx, JB-Hi-Fi, and Cotton On, along with 107 specialty shops.

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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 6, 2025

Valentines Day is a chance to share a special moment with a nearest and dearest, by buying gifts and enjoying some time together over a dinner or during a trip away.

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Inside Retail

OCTOBER 28, 2024

He added that the loyalty of Hermes’ clientele has contributed to maintaining stable sales figures, despite prevailing global economic uncertainties. 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

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. per cent to $51 billion.

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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

NOVEMBER 28, 2024

As spending-caution remains rife among consumers, many shoppers held off making purchases in October in anticipation for Back Friday discounts, with the BRC reporting last month total retailer sales grew by just +0.6% year-on-year , significantly weaker than September’s retail revenues.

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Inside Retail

OCTOBER 31, 2024

People are shopping more frequently at Amazon, adding more low-priced items with each checkout, Amazon said on Thursday, after it reported third-quarter revenue and profit that beat Wall Street expectations. . Amazon on Thursday reported a 7 per cent improvement in retail sales in the third quarter.

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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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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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Inside Retail

OCTOBER 21, 2021

Australia Post’s head of South Australian delivery operations Rob Clothier said the new facility will help to manage the surge in online shopping as a result of the pandemic, with September’s parcel volumes up 7 per cent in SA compared to a year prior. “We billion overall.

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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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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

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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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

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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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

DECEMBER 3, 2024

Black Friday, one of the most anticipated days of the entire retail calendar, has officially passed, and the results of this shopping event revealed some unique findings. Despite some concerns that Black Friday sales may have been diminished by month-long discount offerings, the shopping holiday proved surprisingly fruitful.

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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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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

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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Inside Retail

NOVEMBER 7, 2021

According to ARA boss Paul Zahra, the shopping event, which originated in the United States, has been embraced by Australians and has made November the biggest shopping month of the year. For the past two years, November has beaten December as the biggest month for Australian retail sales throughout the year,” Zahra said.

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Inside Retail

NOVEMBER 17, 2024

Analysts suggest that while a cut seems probable in the first quarter of next year (hopefully before Easter anyway), it’s uncertain how quickly any rate reduction will trickle down to impact retail sales. Online shopping continues to grow, with Australians increasingly planning their purchases earlier than their in-store counterparts.

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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 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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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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