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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 scale of a renaissance in bricks-and-mortar store openings may well be modest but it does contrast with an extended prior to and through the Covid-19 pandemic of store network pruning.

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Young adults are feeling the pinch – here’s how retailers are responding

Inside Retail

The report found that Australians between 25-29 were more likely to be in the rental or housing market, and were subsequently making the most significant spending reductions to afford rising costs. per cent on retail services for the 12 months to March, 2023. Spending among 35+ year old consumers had increased by 3.1 per cent and 0.6

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