Inside Retail

MARCH 15, 2022

Prior to Gotemba, Japan’s retail market was tightly regulated and the industry in bad shape. Government statistics show that at the time of Gotemba’s opening, retail sales in Japan had fallen for 42 consecutive months. The country had been in recession for a decade and the people of Japan had become inveterate savers.

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Inside Retail

MAY 12, 2021

The March rebound also reflected the increase in spending relative to the start of the COVID-19 period in March 2020. The HSI covers around 55 per cent of Australia’s total consumer spend across seven categories: home buying, retail, travel, education, entertainment, motor vehicles, and health and fitness.

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Retail Focus

JULY 20, 2021

A multi-million pound programme of investment announced today by Ellandi , a UK privately-owned shopping centre operator, is set to transform Merry Hill shopping centre near Birmingham into a best-in-class regional retail destination and the most vibrant family lifestyle destination in the West Midlands by July 2025.

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Inside Retail

MAY 2, 2022

per cent this year, resulting in a boost in retail sales. Retail analyst at GlobalData, Koyel Ray, said Apac’s airport retail sales fell by $10 billion in 2020 before rebounding slightly last year to $11.8 GlobalData’s latest report found the number of passengers in Apac will surge by 33.9

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Creative Displays Now

FEBRUARY 15, 2022

Now that our most recent holiday shopping season is over, we saw that shoppers worldwide are finding new ways to purchase gifts for loved ones. While in-person purchasing remains a popular option, many consumers have chosen to complete their shopping online, causing retailers to adapt to the changing landscape.

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Inside Retail

NOVEMBER 6, 2022

We’ve also noticed an increase in advertising for big sale events including Black Friday, Cyber Monday, Click Frenzy, and even Afterpay Day. Even before thinking about the specifics, the timing of these sales appears challenging for both retailers and consumers, not to mention supply chains.

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Inside Retail

MARCH 14, 2024

Earlier this week, Etri told A Current Affair, “If you start shopping local at places like this that are offering prices that benefit the consumer, then you are going to see more businesses open that are doing the same thing. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.

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Inside Retail

SEPTEMBER 17, 2023

What does travel retail mean? Travel retail refers to the sale of goods and services to domestic and international travelers in airports, train stations, border shops, cruise terminals, and other locations. In 2019, the global travel retail market was valued at US$74.31 billion in 2020.

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Inside Retail

SEPTEMBER 13, 2022

Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. per cent in June 2020. A look at consumer sentiment and spending . Consumer sentiment fell by 3 per cent to 81.2

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VMS

DECEMBER 6, 2021

(PRESS RELEASE) WASHINGTON – The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said today. percent over the same period in 2020.

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Inside Retail

MAY 8, 2022

Am I the only one who’s suddenly doing a lot more shopping at 8pm? Since early 2020, like everyone, I’ve been online a lot more. Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). For the year to June 2021, consumer retail spending grew by 9.1

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Inside Retail

JUNE 30, 2021

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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Retail Focus

JUNE 13, 2023

In fact, when factoring in the quality of local shops, cafes, eateries, banks, Post Offices and other amenities, London is the only region across the UK where more than half of residents (58%) were positive about their high street. The world of retail has changed significantly over the past decade. in Feb 2020 to 25.1%

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Inside Retail

NOVEMBER 29, 2021

Boosted by the Black Friday and Cyber Monday sales, November has overtaken December for retail sales for the past three years. November 2021 seems likely to again be crucial to Christmas trading results for retailers with consumers having been urged to shop early to avoid possible product shortages.

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Inside Retail

MARCH 9, 2023

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. Retail occupancy is 98.3

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Parcel Pending

MAY 18, 2021

Online shopping is booming like never before. In fact, eMarketer predicts that online retail sales will grow 17.9% And by 2024, eMarketer predicts ecommerce’s share of total retail sales will exceed 20% 1. Today’s college students are some of the key players in the online shopping boom. of all grocery sales.

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Inside Retail

JANUARY 11, 2023

A second factor in the coming year is retailer caution: sales might be recovering satisfactorily, but investment in new stores looks set to remain muted, even as consumers start wanting to come out in greater numbers as Covid-19 restrictions ease. per cent and 79.5 per cent, respectively. Rents stabilising.

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Inside Retail

DECEMBER 17, 2023

But the rise of competing shopping hubs like China’s Hainan island, changing consumer preferences and a rise in online shopping have fundamentally changed demand for luxury goods in Hong Kong and are starting to reshape the city’s visitor economy, according to industry experts.

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Retail Focus

JANUARY 24, 2023

Unsurprisingly, retail sales are predicted to struggle this year, with discretionary and leisure items being more negatively impacted than others. The recession has already started to impact shopping behaviour, which will continue for much of this year. Source Pixabay For example, supermarket retailers saw a growth of 10.9%

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Inside Retail

AUGUST 20, 2022

As we know, today’s consumers are doing much of their shopping online. To help navigate this cookieless world, Braze released a Retail Customer Engagement Review that looks to solve three common challenges being faced by retailers today. Between May 2020 and May 2021, Australians spent $48.1

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Inside Retail

NOVEMBER 23, 2021

Last year, I interviewed Jonathan Reeves from Eagle Eye for my Shopology show and he predicted that online would account for half of retail sales by 2030. We’ve all seen the massive increase in online shopping, and those of us in Melbourne have lived with it as our only method for most of the year. So which is it?

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Inside Retail

MARCH 13, 2023

Murphy opened his first bottle shop in 1952 in Chapel Street, Prahran, Victoria, and differentiated the business by offering a guarantee to beat competitors’ prices. We haven’t seen any indication of customers trading down when it comes to the products they shop for with us,” Pfeiffer-Smith said. per cent in 2020.

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Bay Cities

APRIL 1, 2022

We are still driving hard with retail sales in America. We know for certain ecommerce blew up in 2020 and in 2021 online sales drove towards an estimated 17 percent increase over the prior year. And all of this took place while keeping their doors open for us to shop (because Americans love to shop)!

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Inside Retail

JUNE 16, 2021

While the northern hemisphere basks in the warmth of summer, winter officially begins in Australia — which also means, it’s time to get ready for End of Financial Year (EOFY) sales. With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses.

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VMS

AUGUST 11, 2021

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 Read the press release: Retail sales in the U.S.

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Inside Retail

APRIL 8, 2021

The impact of Covid-19 restrictions nationally was not as serious as in the early months of calendar 2020 and sales were bolstered by Black Friday, Click Frenzy and Cyber Monday leading into Christmas. One retail group that remains bullish about future prospects is Premier Retail, which posted a 7.2

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Inside Retail

SEPTEMBER 26, 2021

After a period of months where it looked like sales were slowly but surely building a head of steam, governments suddenly slapped them down again with some of the tightest restrictions the world has endured during the past 18 months. Meanwhile, in Vietnam, retail sales were down a calamitous 33.7 per cent and 53.8

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VMS

JANUARY 14, 2022

WASHINGTON, January 14, 2022 – Retail sales during 2021’s November-December holiday season grew 14.1 percent over 2020 to $886.7 billion, easily beating the National Retail Federation’s forecast and setting a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic, NRF said today.

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Parcel Pending

FEBRUARY 4, 2024

Updated Jan 28, 2024 Retail shopping has forever changed with the exponential growth of online shopping and the evolution of click and collect shopping during the COVID-19 pandemic. After all, e-commerce’s share of all retail sales has now hit a jaw-dropping 23% during the third quarter of 2020.

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Retail Times

DECEMBER 10, 2021

As the threat of Christmas lockdown drove consumers out of their houses to socialise and shop last month, online retail sales recorded their lowest ever growth – falling by a staggering -19.8% Year-on-Year (YoY). versus the +50% that would typically be expected for the October to November timeframe.

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Parcel Pending

SEPTEMBER 30, 2021

Consumer Shift: Hybrid Work is Here to Stay. Consumer Shift: Mask Mandates Are Keeping Residents Home. These actions have caused uncertainty with consumers and residents with some of them returning to lockdown habits of staying in, ordering take-out, socializing in a small pod, and refraining from international travel.

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Inside Retail

JUNE 1, 2022

There’s no denying that the pandemic created the perfect conditions for online retail. A combination of more time at home, more time spent online, and shop closures meant that online purchases rocketed. Online retail sales showed exceptionally large growth over the main lockdown periods of 2020 and 2021.

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Inside Retail

FEBRUARY 27, 2023

From 2020-22, retailers took the opportunity to accelerate their digital transformations. For many, this meant bringing forward investments in e-commerce to sustain a level of sales activity. The retailer’s website is merely the start of a customer’s shopping journey today.

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Retail Focus

JUNE 14, 2021

2020 saw the Covid pandemic arrive and cause chaos among all manner of industries in the UK and across the world. Britain’s retail sector suffered the biggest drop in the total volume of sales since records were begun. It is predicted that over the next few years, around 80,000 retail units will close across the states.

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Parcel Pending

FEBRUARY 12, 2024

Convenience stores operate in an industry with narrow profit margins – hovering between 1-3%, compared to liquor stores with 15% profit margins and flower shops at 20%. 1,2 The challenge for convenience store owners, therefore, is implementing a business plan with strategies that increase retail sales, foot traffic, and profit margins.

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Retailing Insight

NOVEMBER 2, 2021

R emember April of 2020 when we were all wondering what the new normal would be post- pandemic? This coming year will set the new shopping trends in stone for the next decade and create a new standard for retailers to pay attention to and master. FASTER & FREE SHIPPING Consumers will pay more!

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Inside Retail

AUGUST 24, 2021

While Australia’s uptake of online grocery shopping has been slow compared to other economically developed countries like the UK, the pandemic has accelerated adoption rates in the last 12-18 months, with more and more Australians now leaning on these services. per cent this year. Market innovation. Breaking habits.

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