Inside Retail

MAY 3, 2022

Australian retail sales surged 9.4 Month on month, sales were up 1.6 March saw the highest growth rate since April last year when sales surged 24 per cent against April 2020 when lockdowns devastated the retail trade. And the volume of retail sales reached a record $33.6 Apparel sales grew by just 0.5

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Inside Retail

JUNE 19, 2022

He expects retail sales by volume will increase by an average of only 1.1 per cent for retail price growth. . The report found that the hospitality sector’s sales are increasing, benefiting from pent-up demand for social interaction. per cent from next year through to 2025 compared with 1.9

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Inside Retail

FEBRUARY 14, 2023

million, benefitting from the “continued strength of retail sales” which led to improved cash collections, rental growth, and a higher percentage of rent. Further reading: Vicinity Centres to trial battery storage at two malls The post Retail sales recovery boosts Vicinity Centres’ bottom line appeared first on Inside Retail.

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VMS

JUNE 17, 2021

retail sales dipped 1.3 The automotive sector was to blame for much of those losses as car sales dropped 3.7 Without auto sales, May numbers would be down 0.7 Despite the drop, May 2021 retail sales are still 28 percent higher than the same time last year. percent according to the U.S. Census Bureau.

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VMS

JULY 27, 2021

retail sales dipped in July after hitting their highest level in nearly three years in June, reports Reuters. The Confederation of British Industry defied economists’ expectations that sales would drop more drastically this month. Retail Sales Down Slightly in July appeared first on Visual Merchandising and Store Design.

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Inside Retail

AUGUST 3, 2023

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.

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Inside Retail

MAY 2, 2023

Sustained levels of retail sales delivered a “robust” third quarter for shopping mall operator Vicinity Centres. For the three months to March 31, sales in stores across the company’s portfolio rose by 13 per cent year on year and strong tenant demand drove an increase in leasing deals. per cent increase.

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VMS

DECEMBER 28, 2021

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2020 and 14.6

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Retail Focus

JANUARY 11, 2024

‘Muted’ Golden Quarter fashion sales were buoyed by a Black Friday boost to order volumes, while fashion revenues rose +6% compared to 2022 in December, the latest data from True Fit, the leading AI platform that decodes size and fit for consumers and apparel and footwear retailers.

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Inside Retail

AUGUST 24, 2023

For the year to July 2, the total sales grew 24 per cent to $1.57 Online sales achieved $260.5 per cent of total retail sales while like-for-like sales for the year grew 10.2 Strong sales were achieved across all major banners including Platypus, Hype DC, Vans, Skechers, The Athlete’s Foot and Dr Martens.

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Inside Retail

DECEMBER 29, 2022

per cent, followed by food and grocery retailing, up by a more modest 7.6 Spending on apparel and accessories surged 19.8 The data shows that despite a year of increasing living costs, Australian retail sales have remained strong over the holiday period, improving on last year,” said Jade Clarke, head of Westpac DataX.

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Inside Retail

JUNE 8, 2022

And according to ABS data, retail sales surged nearly 10 per cent in April, with the apparel sector reporting a 14.7 The loss may come as a surprise to investors given the company posted a profit over the first half despite four months of lockdowns during the period. . per cent increase. Data for May is not yet available. .

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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

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 With the Reserve Bank of Australia (RBA) increasing interest rates for six straight months – most recently, a 0.25

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Inside Retail

OCTOBER 5, 2023

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 increase in retail sales, Tasmania up by 0.7 Hospitality spending is predicted to fall by 4.2 per cent, household goods by 3.2 By state, SA and ACT are expected to record a 1.2

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Inside Retail

NOVEMBER 1, 2023

Sales up and inflation non-existent On the surface at least, things are by no means dire. China’s National Bureau of Statistics (NBS) states that retail sales were up 6.8 In September, sales were up 5.5 Other major international retailers have been reporting good things. Footwear and apparel were both strong.

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Inside Retail

JANUARY 4, 2024

So with Carrefour’s distress as a background, it was refreshing to hear retail executives, one after another, when presenting to the investment community during the second half of this year, say that business in China was mending and for some booming. To back it up, retail sales in China rose sharply in November, by 10.1

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Inside Retail

APRIL 30, 2024

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4

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Inside Retail

DECEMBER 19, 2022

The tradition of gift-giving at Christmas drives billions of dollars in retail sales every year. According to a 2022 report by US online marketplace ThredUp, the secondhand apparel market is expected to grow three times faster than the global apparel market overall. In Australia alone, consumers are expected to spend $63.9

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Inside Retail

AUGUST 15, 2021

Established as a denim brand in Italy in 1981, Replay sells a comprehensive range of apparel, accessories and footwear for men, women and children under the Replay, Replay & Sons and We Are Replay brands. PAS Group is also exploring wholesale distribution of the brand through the likes of David Jones and independent menswear retailers.

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VMS

JUNE 11, 2021

adjusted retail sales. retailer in 2022.”. A few things driving Amazon’s top-line growth, also according to JP Morgan, includes grocery and apparel as well as third-party seller sales. Retailer appeared first on Visual Merchandising and Store Design. e-commerce and U.S.

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Inside Retail

MAY 22, 2022

For example, Shinsegae’s net department store sales were a little more than a third of the value of all its department store transactions.). Shinsegae, which had first-quarter net sales in its department stores of 585 billion KRW, performed particularly strongly and outpaced the sector as a whole. What’s driving the surge?

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Inside Retail

SEPTEMBER 13, 2022

Retail sales increased by 1.3 Retail sales are still well ahead by 16.5 Gordon Brothers expects mid-sized retailers will be hit first, creating mergers and acquisitions opportunities for larger organisations. Considerations for retailers. Overall consumer confidence also remains in deeply negative territory.

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VMS

APRIL 7, 2021

The forecast comes as the total percentage of e-commerce retail sales continue to jump. Currently at 18 percent, UBS predicts e-commerce sales will climb to 27 percent. The note also predicted apparel retailers will be the largest group impacted by growing e-commerce.

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Inside Retail

APRIL 4, 2023

In August 2022, the National Basketball Association (NBA) opened its first bricks-and-mortar retail store in Australia – located in the Emporium shopping centre in Melbourne. Both stores feature a wide range of apparel and merchandise, and seek to leverage the significant,and ever growing, popularity of the league in Australia.

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VMS

AUGUST 11, 2021

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 Read the press release: Retail sales in the U.S.

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Inside Retail

MAY 22, 2023

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. 2023: the year of normalisation Retail sales per square foot (or per square metre according to your taste) for CapitaLand’s malls increased 10.2 per cent versus 4.1

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Inside Retail

MAY 17, 2023

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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Inside Retail

NOVEMBER 11, 2021

The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alibaba once aggressively promoted. Alibaba turned China’s informal Singles’ Day into a shopping event in 2009 and built it into the world’s biggest online sales fest, dwarfing Cyber Monday in the United States.

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Inside Retail

MARCH 29, 2022

It’s a really vibrant space, and we’re so excited to open,” Sandra Kennedy, Sheike’s general manager, told Inside Retail. Today, it offers a wide range of women’s apparel, from everyday basics, to fashionable workwear, to trend-driven eventwear. From t-shirts to eveningwear.

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VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. percent), apparel (12.2

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Inside Retail

FEBRUARY 2, 2023

MLB offers a wide variety of categories from shoes, bags, apparels to accessories. In a related development, Malaysia recorded an impressive 65 per cent increase in hiring activity year-over-year, primarily due to robust retail sales and an upward trend in consumer sentiment. Stay tuned,” he said.

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VMS

JANUARY 25, 2022

(PRESS RELEASE) Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. billion (10.6

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Inside Retail

JULY 27, 2022

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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CRP

SEPTEMBER 15, 2022

and apparel up 5.1%. Despite this, consumers are still spending their hard-earned dollars, with retail sales up almost 10% compared to 2021, as reported by Retail Dive. Before celebrating, remember that higher priced goods (from inflation) at least partially drive this increase in retail sales.

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Inside Retail

JANUARY 9, 2024

Cosmetics and winter apparel are also popular among both domestic customers as well as tourists. So duty-free sales numbers at the big flagships in major tourist destinations are strong.

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Inside Retail

JUNE 22, 2023

We’re particularly seeing it in areas such as electronics and homewares, and are starting to see it in apparel and accessories.” “As As the consumer tightens their belt further, [we’ll] see a significant period of distress in retail over the next six to 12 months. It’s fair to say that no one will escape this dilemma,” he said.

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