Inside Retail
MAY 2, 2022
Asia Pacific’s airport retail market is projected to grow to US$33.8 billion by 2026, driving the global market to $63.4 According to GlobalData, the growth will be driven by the increase in retail space and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations.
Inside Retail
SEPTEMBER 17, 2023
Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. The market is expected to grow to US$126.48
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Inside Retail
MAY 8, 2022
Since early 2020, like everyone, I’ve been online a lot more. Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. For the year to June 2021, consumer retail spending grew by 9.1 Yes, you read that right.
Inside Retail
AUGUST 20, 2022
Between May 2020 and May 2021, Australians spent $48.1 billion on online retail , accounting for around 13.2 per cent of the total retail sales (NAB). Are you ready to reimagine retail marketing? The post Three practical solutions to drive brilliant customer engagement appeared first on Inside Retail.
Inside Retail
MARCH 15, 2022
The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world. 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.
Inside Retail
JUNE 5, 2023
The company believes sales are now on a sustainable pathway, following 7.5 per cent growth in 2022, bringing total retail sales to 65.1 This was a significant milestone because, after a slump lasting two years, it finally brought sales above the level of 2019. Net profit came in at 1.6 billion THB, or about $72 million.
Inside Retail
NOVEMBER 18, 2021
Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. The future of China’s retail market is all about e-commerce.
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