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E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . About the author: Merline McGregor is GM at Pattern Australia. The post E-commerce sales fall as cost-of-living pressures hit consumers appeared first on Inside Retail.

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Holiday In-Store Shopping 2021

Tusco Display

Holiday Shopping In 2021: Short Supply And High Demand Throughout the pandemic, Tusco Display has been focused on maintaining operations while keeping our teams safe despite uncertainty. Now, over a year into the COVID-19 pandemic, we can look forward to the end of 2021 looking a lot more “normal.”

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Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. CBRE said events and the return of international students and tourists as well as a return of office workers would be positive drivers for CBD retail sales in the year ahead. per cent to 13.9

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What the cost-of-living crunch means for Black Friday

Inside Retail

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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Amazon Australia maintains pace

Inside Retail

Pattern Australia has released its fourth annual report on consumer considerations and e-commerce. 64 per cent of e-commerce consumers have bought a brand from Amazon that they had never purchased before Amazon Prime Membership grew 30 per cent in 2021. The rate of purchasing from Amazon.com.au You can download the full report here.

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March spending intentions surge amid Australia’s economic rebound

Inside Retail

Australian households’ spending intentions for travel, entertainment and home-buying jumped in March 2021 as the economy extended its recovery from the COVID pandemic, the Commonwealth Bank Household Spending Intentions (HSI) series showed.

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Luxury Retailers Eye Smaller Cities

VMS

Once almost solely concentrated in major retail cities, luxury retailers are changing their location strategies due to new patterns of living and working, Frame reports. Austin — the location of this April’s Shop! One example is Austin, Texas, which ranked as the second- fastest-growing U.S. city in 2022.

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