Remove 2021 Remove Consumer Remove Retail Chains Remove Shopping
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Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. The Covid-19 disruption has closed some businesses while accelerating a contraction of store networks many chains had started before the pandemic forced trading restrictions and lockdowns.

Shopping 130
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Analysis: Consumers and the new reality

Inside Retail

Globally, a different retail customer has emerged with new behaviours and decision-making criteria. In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. Erosion of trust.

Consumer 246
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Why a major rent reset didn’t occur following the Covid-19 pandemic

Inside Retail

For a while, it was looking like a meaningful downward rent reset at shopping centres was a real possibility. Why this hasn’t occurred The trouble is that leases turn over on a gradual basis, somewhere between 10-20 per cent of leases in a shopping centre every year, depending on the country and what kind of shopping centre it is.

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India set to revamp its retail landscape with policy overhaul

Inside Retail

A top government authority has stated that once the policy rollout is complete, it will establish a globally competitive and sustainable ecosystem in which the retail trade can flourish. As part of the implementation, insurance coverage against accidents will be provided to all retail traders. For instance, about 2.16

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Why a standalone Woolworths drive-through is a “no brainer”

Inside Retail

This model is in response to a sustained increase in online shopping that is seen within the existing supermarket network, while also providing a reduced Covid-19 risk for customers,” a Woolworths spokesperson said. Who doesn’t want to get in, pick up their shopping and get out? “I Good on Woolies for finding a site to trial this.

Concept 130
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Analysis: The driving force behind Hong Kong’s retail revolution

Inside Retail

Retailers and consumers have been urged — or forced — to take their transactions into the digital marketplace. But for Mainland China, this online shopping behaviour has long been considered normal. New consumers. Homegrown brands such as Alibaba and Tencent continue to grow in popularity amongst the nation’s consumers.

Consumer 147
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For Singapore’s Capitaland, the mall comes roaring back

Inside Retail

Despite brave talk by shopping-centre companies, not just in Singapore but globally, about being able to adapt to e-commerce and continue to thrive, behind the scenes they have never been truly comfortable with the e-commerce juggernaut. Retail occupancy is 98.3 per cent – pretty much as good as it gets for shopping centres.