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Coffee and home delivery: How food-service spending is changing in Apac

Inside Retail

According to a recent Euromonitor report, while consumer food-service value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia Pacific. Apac’s food-service spending surpassed pre-Covid levels in 2024, as revenues grew 12 per cent to more than US$1.2 trillion in 2023.

Consumer 147
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Shake-up in the smartphone sector: Samsung leads, Apple diversifies

Inside Retail

However, according to Arthur Guo, senior market analyst for client system research at IDC China, the opening of this flagship store will not bring a significant sales increase in the short term. According to IDC , Samsung has reasserted itself as the leading smartphone provider in the first quarter of this year with 60.1

Promotion 130
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QIC’s Robina Town Centre reaches $1 billion in sales

Inside Retail

“Our long-term leasing strategy has seen several retailers significantly expand their footprint, with brands such as Apple and Mecca tripling their floorspace in the past five years,” said QIC leasing manager Byron Hayes.

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What is the future of customer service in an automated world?

Inside Retail

When I was a kid, the term ‘kiosk’ meant a building at the beach where we would go and buy ice creams and bags of candy with our loose change. The closest we got to self-service was the salad and dessert bar at Pizza Hut – an absolute novelty. We’ve never been more technologically connected, yet human service feels more distant.

Harmony 130
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The digital-led trends that will drive consumers to check out in 2024

Inside Retail

Searches for the term “body skincare routine” have surged by 1,025 per cent, according to Pinterest. The interest in at-home self-care by Gen Z and Millennial demographics can be attributed to a multitude of factors, including the rising cost of living, awareness of personal health and ongoing shift from buying products to services.

Consumer 245
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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. As a result, global subsidiaries are struggling to pay suppliers for services rendered during that peak.

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Vicinity Centres posts highest occupancy rate since 2019

Inside Retail

per cent, largely driven by food, sporting goods, cosmetics, and retail services. “In Having anticipated a moderation in retail sales, we have acted at pace to lock in long-term leasing deals, minimise income at risk and increase occupancy to closer to pre-pandemic levels.” Vicinity Centres reported an occupancy rate of 99.1