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

Inside Retail

Leading market research firm Euromonitor International has just unveiled its 2023 rankings for the Top 10 fastest growing and biggest retailers in Asia Pacific, with Indonesia’s GoTo stealing the spotlight. Meanwhile, Chinese e-commerce behemoth Alibaba reigned supreme with a retail value close to half a trillion U.S.

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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 From a psychological perspective, the inflationary conditions along with the continued rate hikes represent a clear and present danger.

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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. Issue number three is that the performance of the malls varies greatly according to the local market and between urban and suburban areas.

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Can Singapore’s CapitaLand maintain its momentum as the economy slows?

Inside Retail

For some time now, the growth of e-commerce in the Lion City has been falling back in line with the growth rate of retail sales as a whole. It operates retail properties, mixed-use projects and office buildings. Downtown malls outperformed their suburban counterparts, with sales increasing by 20.3 per cent versus 4.1

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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

The report found that Australians between 25-29 were more likely to be in the rental or housing market, and were subsequently making the most significant spending reductions to afford rising costs. per cent on apparel, and by 9.7 per cent on retail services for the 12 months to March, 2023. Despite March showing a 5.4

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