Remove 2019 Remove Consumer Remove Promotion Remove Retail Sales
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Here’s an in-depth look at the major retail sales events in Southeast Asia

Inside Retail

Meanwhile, the gross merchandise value (GMV) of Southeast Asia’s e-commerce market is expected to grow by a CAGR of 17 per cent from US$129 billion in 2022 to US$280 billion in 2027, and the number of digital consumers in the region is expected to grow to 370 million by the end of 2022. Lazada’s Birthday sale is another big draw.

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Early Shoppers Fuel 8.5% Jump in Holiday Retail Sales

VMS

The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. Consumers splurged throughout the season, with apparel and department stores experiencing strong growth as shoppers sought to put their best dressed foot forward.”. percent in 2019. . +

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What the cost-of-living crunch means for Black Friday

Inside Retail

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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What retail investors should expect in 2023

Retail Focus

Unsurprisingly, retail sales are predicted to struggle this year, with discretionary and leisure items being more negatively impacted than others. Source Pixabay For example, supermarket retailers saw a growth of 10.9% in December, with consumers stocking up for the holiday season and people spending less out and about.

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The world on its doorstep: Brisbane startup Kehoe’s Kitchen eyes America

Inside Retail

BEDA is owned by the Brisbane City Council, charged with enhancing and promoting the city’s reputation globally to drive visitation and attract investment and talent to the city by working closely with government and private sector organisations. Kehoe’s Kitchen’s current retail product range.

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Helping retailers grow and shoppers save

Inside Retail

million digitally active customers with Australian retailers, we can save consumers money while boosting retailerssales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth.

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Opinion: Welcome to Walmart, where boring is beautiful

Inside Retail

McMillon told investors on Walmart’s February 20 conference call: “If you look at their [China’s] progress over the last few years, they had a digital penetration of about 4 per cent in 2019. So I think they’ve shown a path to really growing omni sales profitability.” That followed gains of 10.1 per cent in November and 7.6