Retail Times

JANUARY 18, 2022

The owner of two major retail schemes in Northern Ireland has reported the highest month of sales on record in December at its premier outlet, The Boulevard, as well as an annual growth in sales of 23% compared to the same trading period in 2019.

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Retail Times

OCTOBER 18, 2021

The latest data from the Office for National Statistics shows online sales, as a proportion of total retail sales, have reached 25.5% for two consecutive months (June and July 2021), which according to Colliers’ analysts marks a step-change in consumer behaviour and could signal a new norm in spending habits for the retail market.

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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. per cent in 2021 and domestic consumption set to double in the next 10 years. Research the right market.

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Inside Retail

JANUARY 26, 2023

. “Lotte Duty Free Melbourne Airport store … will be a key hub for Lotte Duty Free’s global business expansion and (duty-free) market recovery,” said Kim Ju-nam, CEO at Lotte Duty Free. The company has 13 stores in six international markets.

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Inside Retail

APRIL 14, 2024

When Sephora launched in South Korea, there were doubts about how the retailer would compete in one of the leading beauty capitals of the world. According to the International Trade Administration, South Korea’s beauty market was worth US$3.9 billion in 2022, making the country one of the top 10 beauty markets in the world.

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Inside Retail

MAY 8, 2022

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. Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). What is Marketing Mix Modelling anyway?

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Inside Retail

NOVEMBER 28, 2022

Indeed, even Sydney Fish Market now has its own online commerce site. Yet for retail marketers, handing over these keys to the kingdom is no easy feat. During the pandemic’s first 14 months, Australia’s e-commerce market grew from around 9 per cent of the overall retail market share to 13 per cent.

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Retail Focus

JUNE 1, 2021

“We are thrilled to be opening two stores in Greater Manchester to make our affordable and much-loved furniture even more accessible in the North,” says Jenny Johnston, JYSK Sales and Marketing Manager, UK & Ireland. The post JYSK to open two new stores in Greater Manchester appeared first on Retail Focus - Retail Design.

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Inside Retail

MARCH 20, 2023

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. Without this, our total logistics emissions in 2021-2022 would have been 20 percent higher,” Dahl-Thorup said.

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VMS

JANUARY 31, 2023

Augmented reality (AR) in the retail market could be on the cusp of a massive growth spurt. A new report from Research and Markets said AR investments in retail were valued at roughly $2 billion in 2021, but that number is expected to explode to $61.3 billion by 2031. Google, Inter IKEA Systems B.V.,

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Retail Times

JANUARY 13, 2022

The UK online retail market experienced the lowest rate of growth in 22 years of tracking. Online revenue in 2021 finished up +2.7% year-on-year against 2020, according to the latest figures from the IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers.

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Inside Retail

SEPTEMBER 11, 2021

Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. In 2020, our market share of China’s on-demand DMW retail industry in terms of GMV was 28 per cent, ranked first in North China, according to iResearch. In June, the brand went public on the NASDAQ.

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Retail Times

OCTOBER 14, 2021

The Russian food retail market – one of the largest in Europe with an estimated value of RUB 17.4 trillion (or about USD 240 billion) in the 12 months to the end of June 2021 – has undergone seismic changes in recent years.

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Inside Retail

AUGUST 22, 2023

The athleisure market has been on the rise for many years, driven by factors, such as the casualisation of consumers’ wardrobes and the rise of sneakers and streetwear as aspirational style trends. And notably, even once pandemic restrictions were lifted, athleisure sales continued to rise.

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Talking Retail

JANUARY 20, 2023

If the headline figures are to be believed, it’s been a good Christmas for food and drink retailers. Market analyst Kantar puts year-on-year growth in December at 9.4%, the fastest increase since February 2021. But, This story continues at Big story | Christmas trading: How was it for you?

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Inside Retail

APRIL 22, 2021

From the increased market share of digitally native brands to decisions from companies like GlobeWest and Homebodii to dial up D2C strategies, shoppers are becoming increasingly accustomed to purchasing products directly from brands. And in every area, from marketing to selling to fulfilling, benchmarking will be key.

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Inside Retail

APRIL 12, 2021

The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. Nike Refurbished is just the latest secondhand initiative from a major retailer in recent months. Secondhand shoes will initially be available in up to 15 stores in the US, according to Nike. What’s driving the rise of resale.

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Inside Retail

SEPTEMBER 6, 2022

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

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Inside Retail

MAY 3, 2023

Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. Bear in mind, though, that the bar was set low because leasing revenue in the first quarter of 2022 fell 27 per cent from the corresponding period in 2021.)

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RetailMinded

JANUARY 4, 2022

Retail marketing has never been the same, especially with the changes brought about by the pandemic. These significant changes in the digital and marketing spaces altered customer expectations, shopping processes, and online experiences. Retail marketing isn’t easy. Customer Service Robots . Facial Recognition .

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Inside Retail

AUGUST 20, 2022

It allows brands to process customer data in real-time, optimise relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies. The Covid-19 pandemic has further transformed the retail landscape, and spending habits of consumers. Between May 2020 and May 2021, Australians spent $48.1

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Inside Retail

JUNE 24, 2021

He will be reporting to Jodie Koning, Cartology head of Marketing and Insights. The International Group of Department Stores (IGDS) has appointed André Maeder as the new IGDS President for 2021-2023. International Group of Department Stores appoints new president. Susman will stay on as a board member. “As

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Retail Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. A recent global shopper survey revealed that while 78% of shoppers often or always shopped in-store prior to COVID, by spring 2021 that had dropped by half to 39%.

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Inside Retail

JUNE 20, 2022

shows that the sportswear market in 2021 was almost entirely recovered to pre-pandemic sales. This was mainly fuelled by Chinese consumers, who accounted for nearly 23 per cent of the growth, followed by the US market at 15 per cent. With a focus on the US, its marketing promotes diversity and a global outlook.

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Inside Retail

MAY 22, 2022

This is a feature of retail everywhere in the world right now and it is likely to be sustained for some months. per cent in April, which doesn’t seem too bad until you see that it is double what it was as recently as September 2021, with food and household goods particularly affected in the retail sector. per cent to 22.2

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Inside Retail

JUNE 20, 2022

Hong Kong plays a key role in the technology ecosystem of the Asia-Pacific region, and Meta remains committed to driving economic and technological development in this market,” said George Chen, Managing Director of Public Policy for Greater China, Mongolia, and Central Asia at Meta. Online shopping trends.

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Inside Retail

FEBRUARY 6, 2022

KZ: In Australia, we already have a [large] share of the retail market, but the US is a huge market and opportunity for us. We just launched our UK page, so we’re tackling the European market, too. IR: The womenswear market is flooded with so many different brands now, especially on social media.

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Parcel Pending

DECEMBER 8, 2023

With retailers navigating the turbulent post-pandemic waters, mediating inventory issues, and stabilizing their supply chain, they are now looking for solid and profitable solutions to ensure their continued success in the ever-competitive retail market. October 14, 2021. www.optimizely.com. link] Business of Fashion.

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Creative Displays Now

JUNE 30, 2021

It’s crucial for small and large businesses throughout the retail industry to know what’s next. Here’s a look at retail market trends in 2021 and beyond. What Are Retail Trends and How Do You Look Out for Them? 10 Retail Trends to Watch Out For in 2021 and the Coming Years.

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Retail Bound

FEBRUARY 8, 2022

Robert joined our team in December 2021 as our newest Director of Business Development. Many companies who are either just starting out, selling direct, or even on Amazon, don’t always understand the value and diversity of today’s multi-faceted retail channels. How is Retailbound different from other retail agencies out there?

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Inside Retail

NOVEMBER 8, 2022

It was the culmination of a development that first broke ground in July 2021 as part of an area improvement project. Retail sales had been in freefall seemingly without a parachute for almost four years. The centre is located in Fukaya City, Saitama Prefecture, north-west of Tokyo.

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Retail Bound

JULY 20, 2022

We heard you and Curtis were on Dragon’s Den back in 2021. Dragons Den was our first experience of taking Vertiball to a larger market. Did you have a similar sentiment before launching the product in retail? After raising equity financing, we determined it would be the right time to start approaching the retail market.

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VMS

JUNE 3, 2021

Its market size, $75 billion USD as of 2017, was expected to reach $100 billion USD by 2025, growing with a compounded annual growth rate of 5.6 Statista Statistics, a Germany-based market data firm, reports a slide of 35 percent in gold demand to 446.4 The sector has more than 300,000 players employing over 4.64 million by 2022.

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E Delevry

MARCH 15, 2022

Similarly, 2021 research from the International Post Corporation (IPC), found 44% of online shoppers have changed their purchasing behaviour to be more sustainable. We are likely to see retail marketers weaving environmental values into the brand messaging, right through to shipping information pages on e-commerce websites.

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CAAD

NOVEMBER 9, 2022

On the other hand, Shopify’s Future of Retail in 2021 report is blunt: the future of retail is contactless. It encourages customers to use social media , as it is a fundamental element of retailer marketing. 62% of shoppers prefer to make in-store purchases with digital or contactless payments.

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