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Retail sales increase 2.3 per cent in July

Inside Retail

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

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Global online retail sales tipped to reach US$6.8 trillion by 2028

Inside Retail

Total global online retail sales are expected to grow from US$4.4 Online retail sales will record a compound annual growth rate (CAGR) of 8.9 per cent during the five-year period, according to the Global Retail E-Commerce Forecast report, which covers data in 40 countries globally. trillion in 2023 to $6.8

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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

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. Retailers need to leverage this trend to prepare for an earlier holiday season. points in September.

Strategy 130
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Vietnam malls: Was Vincom’s saturation strategy the right move?

Inside Retail

Vincom Retail is Vietnam’s biggest mall operator by dint of opening malls here, there and everywhere, but is this the right strategy? Its continuing stagnation in key operating metrics on a year-over-year basis, despite rising retail sales and a sound economy, is concerning. appeared first on Inside Retail Australia.

Strategy 130
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Five expert tips for a successful peak season strategy

Inside Retail

Nine in 10 of the best-selling days for e-commerce retailers come in the same quarter. And one-third of all retail sales happen during the holiday season. You don’t want to roll out untested strategies on Black Friday – that is not the time for experimentation! In particular, check your caching strategy.

Strategy 242
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How Bubble cracked the Australian market, by mirroring its US and UK strategy

Inside Retail

“We’ve embraced an approach that resonates with Australians and are fortunate that this strategy has come naturally to us, requiring minimal adjustments along the way,” Richards said. This decision was similar to our retail strategy to meet consumers where they are in the US (with Walmart and Ulta) and in the UK (with Boots),” she said.

Strategy 130
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Australia’s retail sales growth can’t last. Here’s how to prepare for it

Inside Retail

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 My tip is that retail sales figures in the next couple of months will start to reflect this. The post Australia’s retail sales growth can’t last.