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“Solid note”: US retail sales soar in December amid strong festive period

Inside Retail

Retail sales in the US soared 0.6 On a year-on-year basis, US retail sales were up 5.6 On a year-on-year basis, US retail sales were up 5.6 For 2023, unadjusted retail sales increased 3.2 Food and grocery stores posted sales growth of 1.0 per cent increase. per cent in December.

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Price, not volume, driving Australian retail sales growth

Inside Retail

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. per cent over the full year. . “But

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Retail sales surge 9.4 per cent – but good times ‘could be short lived’

Inside Retail

Australian retail sales surged 9.4 per cent in March compared with the same month last year as the impact of Omicron on consumer shopping behaviour wore off. Month on month, sales were up 1.6 And the volume of retail sales reached a record $33.6 And the volume of retail sales reached a record $33.6

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Is China retail on the brink or on the mend?

Inside Retail

China’s National Bureau of Statistics (NBS) states that retail sales were up 6.8 In September, sales were up 5.5 So the latest data hasn’t altered the top-line growth story too much, other than a small drift downward. This, too, is roughly in line with the trend for the first nine months of the year.

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No Christmas spending boom, warns ARA

Inside Retail

Australian consumers are continuing to tighten their budgets as the cost-of-living crisis – including high interest rates – bites into their disposable income. per cent and apparel by 0.8 per cent improvement and other general retailing – including books, cosmetics and recreational goods – by 1.7 per cent, household goods by 3.2

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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

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. percent.

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Behind the “massive” potential for premium outlet centres in Japan

Inside Retail

The store line-up at Fukaya-Hanazono features leading high-end brands that Japanese shoppers love, including Bally, Dsquared2, Marc Jacobs, Tory Burch, Valentino, and Versace. Of course it also sports your typical mid-end brands, such as the athletic apparel and footwear stores. Factory outlets provided the answer.

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