Remove 2022 Remove Consumer Remove Flow Remove Retail Sales
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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

Despite the mounting headwinds, Australia’s economy was a strong outperformer in 2022. The removal of restrictions on movement in the early months of the year, coupled with pent-up demand in households, formed the catalyst for a boom in household spending; monthly retail turnover rose 12.5

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Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. The property firm attributed gains in central business district sales in the second half of calendar 2022 and prospectively the store expansion plans to healthy levels of discretionary spending.

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For Singapore’s Capitaland, the mall comes roaring back

Inside Retail

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation.

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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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Opinion: Welcome to Walmart, where boring is beautiful

Inside Retail

It generates billions in cash flow, returns billions in dividends and share repurchases to its shareholders year in, and year out, and employs more than 2 million people. per cent over 2022, yet another ‘mid-single-digit’ kind of increase. In the fourth quarter, Walmart International achieved net sales of $50 billion, up 17.6

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Opinion: Why 2023 could be a solid year for retail

Inside Retail

After the disruption of Covid-19 and the preceding years of sluggish growth, all retail industry observers will be keen to assess the prospects for sustainable growth. Strong sales growth and subsequent earnings announcements will be welcome after the challenges of the past five years but will not necessarily have champagne corks popping.

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Analysis: EOFY won’t end the tough times for many

Inside Retail

The retail industry has cause for a touch of optimism entering the next financial year but it is unlikely that the rollercoaster ride is over for everyone. Retail sales for the first four months of 2022 are showing encouraging growth but the devil is in the detail, with the underlying driver of the increased revenue levels being inflation.