article thumbnail

Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

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

article thumbnail

E-commerce teams: The unseen keys to success

Inside Retail

Despite most shops being closed, retail sales rose 11 per cent during lockdown, largely because people didn’t have much else to spend money on. Clothing retail went up 20 per cent, even though people had nowhere to go. Making space for autonomous flow of colleagues servicing the front- and back-stage CX is incredibly important.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why retail has cautiously embraced the 2023 Federal Budget

Inside Retail

The 2023 Federal Budget appeared to be about striking a balance between combating inflation, while also providing cost of living relief for Australian households and businesses. At the same time, retail sales have receded for two consecutive months – constituting a consumer recession.

Flow 244
article thumbnail

Retail’s Supply Chain Puzzle: Understanding And Addressing Retail Supply Chain Challenges

RetailMinded

According to a report by Maersk, 40% of retailers have wanted to increase the resilience of their supply chains since the global pandemic, which impacted businesses. Solution: Retailers can employ inventory optimization software, like the retail management software by Magestore , to monitor and adjust stock levels in real-time.