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E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . This shows that consumers are researching online to find the product they are after before they head to a retail store to buy it. Search engines. Desktop and tablet.

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From fast food to autos, India’s digitally connected users lure investors

Inside Retail

India crossed that threshold in 2021, according to the bank’s latest available data, which could put it on a similar growth trajectory even though weak job growth and income inequalities in the country pose a risk to this outcome. versus $212.9 for China, data from CLSA showed. in 2020 and $389.3 for China, the data showed. billion.

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Shrink or grow? Predictions for online retail in 2022

Inside Retail

Then I went ahead and predicted three ways retail would fragment throughout 2021 anyway. Yet we’ve also seen consumers in locked down states line up for hours to access physical retail as it reopened. The ABS Retail Trade data shows a clear pattern. Why online will grow: consumer trial. So which is it?

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Why retail powerhouse FJ Benjamin is bullish on growth in Southeast Asia

Inside Retail

Consumers are a lot more aware about hygiene and wellness, and there’s a lot more disposable income being spent in this area,” he noted. Back in April 2021, the company inked a partnership with Southeast Asian e-commerce marketplace Lazada to further boost online sales. We feel this is going to be an important segment.

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Announcing: Retail Reborn Season 2

Retail Prophet

BoF’s podcast series Retail Reborn returns for a second season, presented by Brookfield Properties , to investigate the consumer of tomorrow, and how their changing lifestyles and expectations will drive evolution in the retail industry. Follow the series to ensure you never miss an episode. Retail Reborn: Expert Commentators Thomas J.

Fashion 52