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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 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 bump.

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How US Polo Assn blends sport and retail to drive billions in global sales

Inside Retail

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. The market is also seeing a strong focus on experiential shopping.

Strategy 147
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Tips from a travel retail expert on tapping into passenger demand

Inside Retail

To say that the Covid-19 pandemic disrupted the retail industry would be an understatement. However, with international borders open again, and everyone seemingly heading to Europe in recent months, the travel retail market is booming. In 2022, the global travel retail market was valued at US$55.74 per cent ove overall sales.

Location 130
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Analysis: a perfect retail storm is brewing

Inside Retail

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Consumer 278
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Why short-term data alone won’t cut it for retailers in 2024

Inside Retail

But 10 years later, advertisers are falling back into old habits ditching long-term brand-building efforts to purely focus on activation campaigns that deliver sales in the short term. And that applies equally to retail sales data. It’s all too easy to get stuck dissecting the monthly ABS retail data.

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Why the NBA is going green and opening stores Down Under

Inside Retail

In August 2022, the National Basketball Association (NBA) opened its first bricks-and-mortar retail store in Australia – located in the Emporium shopping centre in Melbourne. IR: Can you discuss the split between e-commerce and physical retail sales, and whether there are distinct strategies in place for each channel?

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Beyond the beach: Richard Facioni outlines plans for Surfstitch

Inside Retail

Data shows the rapid increase in online shopping that defined the first year of the global pandemic has started to fade, as the novelty of lockdowns wears off and government stimuluses run out, and online retailers that once enjoyed record highs are now working harder to drive sales. People don’t have the stimulus.

Planning 246