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Australian retail sales witness modest growth in September

Inside Retail

Retail sales rose 2 per cent year on year to $35.87 The data prompted both the Australian Retailers Association (ARA) and the National Retail Association (NRA) to urge the Reserve Bank of Australia to keep the current interest rates to encourage more consumer spending. per cent to $5.5 per cent to $1.92

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Retail Sales Saw July Decline

VMS

Retail sales reportedly declined 1.1 Book stores, Musical instrument and sporting goods stores had a sales decrease of 1.9 Car and motor vehicle parts dealers’ sales fell 3.9 Online sales also had a decline of 3.1 percent increase in sales from this time a year ago. percent, reports CNBC.

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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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Retail Sales Up 9.8 Percent Higher in March

VMS

Retail sales are up 9.8 Between consumers receiving their $1400 government issued stimulus checks and retail reopening throughout the U.S., Food and beverage, clothing and sporting goods were the main categories driving spending. percent and sporting goods raked in a gain of 23.5

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For Singapore’s Capitaland, the mall comes roaring back

Inside Retail

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. per cent) and department store BHG (1.0

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NRF Says 2021 Holiday Sales Grew 14.1 Percent to Record $886.7 Billion

VMS

WASHINGTON, January 14, 2022 – Retail sales during 2021’s November-December holiday season grew 14.1 billion, easily beating the National Retail Federation’s forecast and setting a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic, NRF said today. percent over 2020 to $886.7

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How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

With the pandemic fading in the rearview mirror, inflation becoming more subdued and consumer confidence returning, the home improvement sector is heating up along with Thailand’s summer weather. The company believes sales are now on a sustainable pathway, following 7.5 per cent growth in 2022, bringing total retail sales to 65.1

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