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Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces.

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Price, not volume, driving Australian retail sales growth

Inside Retail

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens.

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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 per cent) and department stores (down 0.4 My tip is that retail sales figures in the next couple of months will start to reflect this. per cent bump.

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Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

Retail chain results for the latest financial year indicate spectacular growth in online sales and, in many instances, a dip in the average sales per store. Myer online sales increased by 28 per cent, to $540 million, in FY21, accounting for 20 per cent of total group sales. billion in online sales.

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

Inside Retail

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. With higher than expected growth , a burgeoning middle class, and evolving consumer preferences, China stands at the forefront of the retail revolution. per cent and 6 per cent respectively. Two thirds (66.3

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Here, we chat with CEO of retail, Dato’ Joyce Yap, about the future of malls and how sector have evolved in the past year.

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Why major US retailers are backing Black-owned brands

Inside Retail

US department store Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative.