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Vicinity Centres posts highest occupancy rate since 2019

Inside Retail

per cent during the fiscal first half ended December 31, its highest point since 2019. Total portfolio retail sales grew 1.5 per cent, largely driven by food, sporting goods, cosmetics, and retail services. “In The post Vicinity Centres posts highest occupancy rate since 2019 appeared first on Inside Retail Australia.

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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. per cent.”.

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Early Shoppers Fuel 8.5% Jump in Holiday Retail Sales

VMS

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2019.

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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. Indeed, the changing market conditions for the gaming industry were a factor in Woolworths’ 2019 plan to demerge Endeavour Group. Sales have increased by around $1.5

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ELF Beauty buys rival brand Naturium for $355 million

Inside Retail

The acquisition, expected to settle late next month, will double ELF Beauty’s presence in the skincare market to about 18 per cent of retail sales. Naturium was launched by brand accelerator The Center in 2019 with Susan Yara joining as a founder the following year.

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Mastercard SpendingPulse: back-to-school season expected to boost total retail sales +12% compared to pre-pandemic

Retail Times

According to Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment, UK retail sales excluding petrol are expected to grow 12% during the 16 August to 19 September back-to-school period compared to the same time pre-pandemic in 2019. compared to 2020.

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E-commerce soars in June as lockdown bites

Inside Retail

Online retail sales accelerated 7.6 per cent in June, following a rebound in May from a down-note in April, according to NAB’s monthly online retail sales index. Having said that, online sales growth accelerated in states and territories with and without lockdown in the month.”. per cent higher than a year prior.