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What China’s latest retail sales reveal about changing consumer spending

Inside Retail

Reporting by the business media of retail sales and other economic data produced by governments in developing Asia is often too trusting. Officially then, China’s retail sales rose by 4.7 per cent in the first quarter, with consumer goods up 3.1 The online share of total retail sales is now 23 per cent.

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The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Elijah Etri, Skippy’s Fresh Frootz manager at Victoria Point, Queensland, has started a new Tiktok challenge, encouraging viewers to head into their local supermarket and check the prices of comparable produce and products. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.

Strategy 263
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The role of returnable transit packaging in supporting ?the 2021 omnichannel retail market

Retail Focus

The struggles of the UK high street and the acceleration of retail sales from ‘bricks to clicks’ have never been more apparent than during the Covid-19 pandemic. With e-commerce sales reaching 21.8% Jon Walkington, Retail and System Integrator Sales Director, Schoeller Allibert UK.

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Homeworld Helensvale sells for $265 million

Inside Retail

An invitation-only international expression of interest campaign was conducted and managed by Stonebridge’s Philip Gartland and Lachlan MacGillivray and Stewart Gilchrist of Colliers. MacGillivray said Homeworld Helensvale is in a “prime position” to take advantage of household spending and consumer demand post lockdowns.

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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.

Consumer 246
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Why US retailers are embracing a more inclusive holiday season

Inside Retail

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3

Gifts 130
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How, where and what shoppers are buying in the final week before Christmas

Inside Retail

How will consumers be spending their dollars in the week leading up to Christmas, what are retailers doing to entice consumers in-store and which retailers will benefit from this? Food for thought Natalie Davis, managing director of Woolworths Supermarkets, shared with Inside Retail that Woolworths expects to sell 2.8

Gifts 264