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‘Storm on the horizon’ for retailers amid economic pressures

Inside Retail

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 She said that consumers are already making cuts. Rising interest rates hits consumer and business confidence.

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GoTo and Alibaba lead the charge in Asia-Pacific’s booming retail market

Inside Retail

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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US mall giant Simon’s latest results reveal four issues facing the sector

Inside Retail

per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 And one of the remaining three, Neiman Marcus, is basically an upscale apparel department store. Operating stats also improve Occupancy at Simon’s domestic properties stands at 94.4 per cent from the preceding 12-month period.

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Analysis: Here’s why e-commerce profits remain elusive for some brands

Inside Retail

The good news is that e-commerce is expected to continue to grow as a total share of retail sales. In a recent international study on e-commerce that Ipsos carried out across seven markets, including Australia, there was a near-consensus among retail decision-makers that the nature of retail has changed permanently.

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

Inside Retail

From a tourist shopping perspective though, Fukaya is destined to be overshadowed by another Mitsubishi-Simon project, Gotemba Premium Outlets, about 200km to the south and within spitting distance of the famous Mt Fuji. . Of course it also sports your typical mid-end brands, such as the athletic apparel and footwear stores.

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Young adults are feeling the pinch – here’s how retailers are responding

Inside Retail

A number of retailers have affirmed analysis from Commbank’s Cost of Living Insights Report which showed that financial pressures aren’t hitting everyone equally. Spending among 35+ year old consumers had increased by 3.1 per cent on apparel, and by 9.7 per cent on retail services for the 12 months to March, 2023.

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