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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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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

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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. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

Consumer 211
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E-commerce growth could create 12 million sq ft of last mile logistics space requirements by 2025, says Knight Frank

Retail Times

E-commerce sales are forecast to rise from 27% to 30% by 2025, resulting in an additional £37 billion worth of online retail sales. Knight Franks analysis of hub and spoke networks servicing online retail found that 23.5% Knight Franks analysis of hub and spoke networks servicing online retail found that 23.5%

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Retail expert on China’s department store dilemma and potential growth drivers

Inside Retail

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. With higher than expected growth , a burgeoning middle class, and evolving consumer preferences, China stands at the forefront of the retail revolution. per cent and 6 per cent respectively. Two thirds (66.3

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Analysis: a perfect retail storm is brewing

Inside Retail

Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. A look at consumer sentiment and spending . Consumer sentiment fell by 3 per cent to 81.2 Retail sales increased by 1.3

Consumer 278
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What Vietnam’s new expansion rules mean for Australian retailers

Inside Retail

This has been an important exception, since mall developers like Vincom Retail and Aeon Mall have benefited by being able to allocate space in their projects to international players, thus giving them an automatic competitive advantage. per cent in 2023.

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