Retail Focus

APRIL 9, 2021

The struggles of the UK high street and the acceleration of retail sales from ‘bricks to clicks’ have never been more apparent than during the Covid-19 pandemic. With e-commerce sales reaching 21.8% References: 1 E-commerce share of UK retail sales 2019-2024, Statista.

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Inside Retail

OCTOBER 21, 2021

Australia Post’s head of South Australian delivery operations Rob Clothier said the new facility will help to manage the surge in online shopping as a result of the pandemic, with September’s parcel volumes up 7 per cent in SA compared to a year prior. “We billion overall.

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VMS

SEPTEMBER 20, 2021

retail sales jumped by 0.7 The surprise sales increase was likely fueled by back-to-school shopping and child tax credit payments from the government, the article says. Online purchases were the key driver of the sales, helping offset a slumping auto sector beset by a global microchip shortage. declined 1.8

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Inside Retail

MARCH 13, 2023

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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Inside Retail

DECEMBER 29, 2022

per cent on 2021, with department-store sales of $149 million up by 23.6 Boxing Day has once again cemented its status as the Grand Final of Australia’s favorite sport, shopping.”. The post Australians set records for pre- and post-Christmas retail spending appeared first on Inside Retail. billion – up 15.3

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Inside Retail

NOVEMBER 9, 2022

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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VMS

JANUARY 14, 2022

WASHINGTON, January 14, 2022 – Retail sales during 2021’s November-December holiday season grew 14.1 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. percent over 2020 to $886.7

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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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RetailMinded

FEBRUARY 19, 2021

2021 is in full swing and the reality is, it isn’t necessarily a breeze for small merchants in particular to capture consumer attention or dollars. In fact, retail sales jumped over 5% at the start of 2021 and consumers do not seem to be slowing down when it comes to spending.

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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

Department Stores 130

Department Stores Flow Sporting Goods Retail Sales 130

Parcel Pending

MAY 18, 2021

Online shopping is booming like never before. In fact, eMarketer predicts that online retail sales will grow 17.9% predicted in January 2021). And by 2024, eMarketer predicts ecommerce’s share of total retail sales will exceed 20% 1. Social Media Influences the Shopping Behaviors of College Students.

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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

DECEMBER 11, 2023

Welcome to December and the chance for retailers to redeem themselves with customers. Historically, the highest retail sales and earnings were generated in December in the weeks leading to Christmas and the following Boxing Day sales.

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Parcel Pending

JANUARY 27, 2021

Given the continued impact of COVID-19, Parcel Pending expects that 2021 will accelerate innovation for many properties, so they can continue to successfully attract and retain residents. In fact, experts estimate that online shopping will amount to $7 trillion (or 25%) of global retail sales by 2024 2. 2021, January 21).

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Inside Retail

SEPTEMBER 19, 2023

Top 10 fastest growing retailers Amid the dynamic and competitive retail landscape in 2022, ‘GoTo Gojek Tokopedia PT’ and Singapore’s ‘Sea Ltd’ emerged as standout performers, achieving retail sales growth rates of 44 per cent and 43 per cent, respectively.

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . There were some positives in the figures, with the average value of online orders in July marking the second highest month of revenue this year. Search engines.

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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.

Shopping 52

Shopping Visual Merchandising Retail Sales Consumer 52

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.

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Retail Sales Marketing Other Strategy 130

Inside Retail

MARCH 20, 2024

Despite sales remaining below the pre-pandemic level and weak consumer sentiment, retail growth is expected to reach 5 per cent from 2022 to 2027. per cent increase from 2021 to 2022 and is expected to grow at 17 per cent per year between 2021 and 2025, topping $1 trillion in annual sales in 2023.

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Retail Marketing Marketing Consumer Social Media 130

Inside Retail

MAY 30, 2021

While e-commerce adoption skyrocketed all around the world at the peak of the pandemic, perhaps more interesting was the rate at which older consumers embraced online retail. Globally, Asia dominates the e-commerce universe, accounting for over 50 per cent of all retail sales. The significance of older omnishoppers.

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Inside Retail

MARCH 13, 2023

Endeavour Group was previously part of Woolworths and subsequently spun off and listed (along with BWS, and hotel and gambling assets) on the Australian Securities Exchange in 2021. 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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Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. However, over the 12-month period from November 2021 to November 2022, online purchases were down 3.8

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Inside Retail

SEPTEMBER 13, 2022

In response, many retailers pre-ordered inventory, which resulted in some retailers now carrying significantly large amounts of excess inventory, which is already exacerbated by stores holding excess inventory following the 2021 lockdowns. Retail sales increased by 1.3 per cent higher than July 2021, driven by a 3.8

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Consumer Department Stores Retail Sales Apparel 278

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

MAY 12, 2021

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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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 per cent month-on-month in September, rising for the first time since November, 2021. per cent rise on Tuesday to 2.6

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Inside Retail

JUNE 21, 2023

Yes, retail property can be perceived as boring and a pain in the neck, but it’s necessary, it’s back, Covid-19 is done, and we’d better get used to rent increases again. per cent of retail sales, official government figures from Singstat show, down from 13.0 Singapore is a good case in point. In April, e-commerce was 12.0

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Retail Focus

MARCH 29, 2022

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

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Consumer Concept Management Shopping 211

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

NOVEMBER 28, 2022

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. This year, Australian e-commerce revenue is projected to reach US$45 billion as online shopping becomes the norm, rather than the exception. . million visits per month. trillion in 2022. .

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Retail Marketing Consumer Marketing Shopping 130

Inside Retail

JUNE 16, 2021

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. One surefire way to drive customers back is by participating in key retail sales events. For most brands, sales events have become a regular part of the calendar.

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Inside Retail

MAY 15, 2022

The reasons for the appeal of Japanese retailers are easy to understand: they have good store designs, often with small footprints that make tidy, efficient use of space without appearing cluttered. It isn’t going to work on every street corner, but it’s something that goes well in higher-end shopping malls and streets in urban locations.

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Inside Retail

JUNE 1, 2022

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. per cent.

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Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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Inside Retail

NOVEMBER 6, 2022

It’s also an important time for retail staff, with many retailers taking on additional Christmas workforces to keep up with demand. However, the emergence of BFCM, and the fact many of these sales are predominantly online, has impacted the Christmas period significantly. Consider this; last year retail sales in November rose 5.8%

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VMS

JANUARY 3, 2023

As secondary and tertiary cities become more populous — or see an increased demand for more luxury options — premium retailers are increasingly looking to locate brick-and-mortar stores in such locales. Austin — the location of this April’s Shop! One example is Austin, Texas, which ranked as the second- fastest-growing U.S.

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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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