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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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Christmas retail sales tipped to top $60 billion

Inside Retail

Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Meanwhile, the Australia Retail Association (ARA) says Australian retail sales increased 12.9

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Key trends that will help retailers respond to growing consumer confidence

Retail Focus

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. .

Consumer 212
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Consumer demand drives automation solutions in Australian supply chains

Inside Retail

The current Covid-accelerated e-commerce era has pitched Australian retailers in direct competition with each other not only within Australia, but with suppliers from all around the world. According to the NAB Online Retail Sales Index, Australians spent $48.1 billion on online retail in the 12 months to May 2021, around 13.2

Consumer 246
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Training retail sales teams? Here’s why face-to-face won’t cut it anymore

Inside Retail

We understand that organising training can be time consuming… But, delivering training online can take the hassle out of planning staff training. Training your team with a Learning Management System means that you can push training out to your team in just a matter of clicks. The post Training retail sales teams?

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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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Improving Campus Store Returns Management with Smart Technology

Parcel Pending

Smart technology, including smart parcel locker solutions, can significantly improve returns management for campus stores by simplifying and streamlining the reverse logistics process. This is in spite of the fact that retail sales figures have seen steady growth over the past three years. return rate in 2022.