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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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Elevate your e-commerce game: Essential tips for thriving in 2024

Inside Retail

In this article, we will delve into the top five e-commerce tips that should be at the forefront of your strategy, with a keen focus on driving growth not only within the digital realm but across your entire business. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2

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10 Different Techniques to Try to Increase High-End Retail Sales

Retail Focus

It’s one of the best ways to increase sales because it treats customers like individuals and tailors their experiences. Use Strategic Pricing Create pricing strategies that reflect the value of your products and services. In Conclusion… These are just some of the techniques you can use to increase high-end retail sales.

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Retail holiday preparedness: Six tips to maximise sales events

Inside Retail

With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses. One surefire way to drive customers back is by participating in key retail sales events. For most brands, sales events have become a regular part of the calendar.

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Is technology the answer to wrapping up 2021 in style?

Retail Focus

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. . Despite this, there are some bright shoots of recovery.

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Get ready to win big: New research signals peak season optimism for retailers

Inside Retail

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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Retail expert on China’s department store dilemma and potential growth drivers

Inside Retail

The latest forecasts predict that China’s GDP and total retail sales of consumer goods will hit growth rates of 4.8 per cent) of surveyed department store operators expect their sales to grow in 2024, a significant decrease from last year’s 85.7 per cent and 6 per cent respectively. Two thirds (66.3 Two thirds (66.3