Inside Retail

JULY 28, 2021

Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces.

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Inside Retail

FEBRUARY 27, 2023

Australian retail sales in January surged 7.5 per cent over December, reflecting a strong post-Christmas sale season. Ben Dorber, head of retail statistics with the Australian Bureau of Statistics (ABS), said January’s rise followed a 4 per cent month-on-month fall in December and 1.7 per cent year on year – and 1.9

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Inside Retail

MAY 10, 2023

For once, department stores are leading a retail sales recovery instead of lagging it. In Japan, the Ministry of Economy, Trade and Industry (METI) reports that retail sales in the first quarter amounted to 39,781 billion yen (about $434 billion at current exchange rates), up 6.5 per cent from a year ago.

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Inside Retail

JUNE 28, 2022

Seasonally adjusted Australian retail sales grew in May by 10.4 Department stores saw the strongest growth at 5.1 Sales of household goods rose at 0.4 per cent while other retailing registered a 1.5 The post Inflation helps fuel strong Australian retail sales in May appeared first on Inside Retail.

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Inside Retail

MAY 22, 2022

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1

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Inside Retail

MARCH 27, 2023

per cent followed by food sales at 7.9 per cent, department stores at 7.7 Other retail spending grew by 3.2 per cent while sales of household goods fell by 2.3 Further reading: Australian retail sales surged 7.5 appeared first on Inside Retail.

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Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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Inside Retail

MARCH 29, 2022

Retail sales continued to perform well in February recording a 9.1 Despite supply chain disruptions, departments stores recorded a 5 per cent increase after months of decline. KPMG senior economist, Sarah Hunter said the overall retail sales momentum remains positive. per cent and NSW at 8.5

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Inside Retail

JANUARY 18, 2024

Retail sales in the US soared 0.6 per cent increase in November, according to the Commerce Department’s Census Bureau. On a year-on-year basis, US retail sales were up 5.6 On a year-on-year basis, US retail sales were up 5.6 For 2023, unadjusted retail sales increased 3.2 per cent and 5.7

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Inside Retail

FEBRUARY 20, 2022

The Omicron outbreak has failed to dampen retail sales despite initial concerns about foot traffic and staff constraints during the early part of January according to ARA CEO Paul Zahra. . per-cent year-on-year increase in retail sales across the country in January and a 14.4-per-cent per cent, followed by apparel, up 8.5

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Inside Retail

APRIL 20, 2021

Retail sales rose 1.4 Victoria and Western Australia led the rises, after Covid-19 lockdowns impacted retail sales in February 2021,” James said. Cafes, restaurants and takeaway foods led the preliminary increases, up 6 per cent, followed by clothing and department store retailing. Turnover rose 2.3

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Inside Retail

JANUARY 31, 2022

Retail turnover fell 4.4 per cent in December last year according to the Retail Trade figures released by the Australian Bureau of Statistics today. Despite the fall, spending on retail goods remains heightened compared to December 2020 for all retail industries except for department stores which is down by 9.0

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Inside Retail

SEPTEMBER 6, 2022

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens.

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Inside Retail

MAY 3, 2022

Australian retail sales surged 9.4 Month on month, sales were up 1.6 March saw the highest growth rate since April last year when sales surged 24 per cent against April 2020 when lockdowns devastated the retail trade. And the volume of retail sales reached a record $33.6 The post Retail sales surge 9.4

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Inside Retail

NOVEMBER 8, 2022

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 per cent) and department stores (down 0.4 My tip is that retail sales figures in the next couple of months will start to reflect this. per cent bump.

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Inside Retail

MAY 29, 2022

Year-on-year retail sales growth hit 9.6 Sales reached an estimated $33.9 billion in-store and online combined during the month, with the cafes, restaurants, and takeaway services, along with clothing and footwear sharing a 14.7 per cent increase, and the ‘other retailing’ sector 14.4 per cent increase.

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Inside Retail

OCTOBER 28, 2021

Food retailing saw a large fall by 1.4 per cent, which follows suit with other periods where lockdowns have ended and people have once again been able to eat in – conversely, sales in cafes and restaurants rose 5 per cent. Online sales also rose by 3.3 In year-on-year terms sales rose 31.3

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Retail Times

MARCH 22, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Retail sales volumes (quantity bought) were estimated to be flat (0.0%) in February 2024, following an increase of 3.6%

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Inside Retail

MAY 3, 2023

Cafes, restaurants and takeaway sales were up 17 per cent followed by food sales at 8.6 per cent, department store sales at 4.7 per cent and clothing, footwear and accessories sales at 3.6 Other retailing increased by 1.6 per cent, however household goods sales fell 5.7 per cent year-on-year.

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Inside Retail

AUGUST 3, 2023

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.

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Inside Retail

FEBRUARY 20, 2024

Meanwhile, during the first seven weeks of the second half, Woolworths saw Australian food retail sales increase 1.5 per cent while New Zealand food sales inched 1 per cent higher. While Big W sales fell 6 per cent, Woolworths said it is optimistic to see the department store improve in the fourth quarter.

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Inside Retail

APRIL 18, 2023

Sales from cafes, restaurants, and of takeaways rose 4.6 per cent, followed by other retailing at 3.9 Department-store sales were strong with 7.4 per cent growth, however sales of household goods fell by 2.5 Further reading: Retail sales surge in February – but how much is inflation?

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Inside Retail

MAY 17, 2023

per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 One of the key issues facing Simon and other mall operators is that they are still joined at the hip to department store anchors. And one of the remaining three, Neiman Marcus, is basically an upscale apparel department store.

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Inside Retail

DECEMBER 29, 2022

Department stores and the foodservice sector drove “unprecedented” Boxing Day sales growth across Australia according to data from the Australian Retailers Association and Westpac DataX. per cent on 2021, with department-store sales of $149 million up by 23.6 billion – 8.6 billion – up 15.3

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Inside Retail

AUGUST 27, 2023

Meanwhile, other categories recorded “negative sales for the second consecutive month” with household goods down 4.9 per cent followed by clothing, footwear and accessories sales down 0.3 per cent and department stores sales slipping by 0.05

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Inside Retail

MAY 19, 2021

The normalisation of retail sales continued through April, according to NAB’s Cashless Retail Sales Index, with the department store and household good sectors falling from their pandemic highs. per cent for cashless retail spending in April, NAB found, while month-on-month it grew 3.4

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Inside Retail

MAY 25, 2023

per cent followed by department store sales at 6.5 per cent and clothing, footwear and accessories sales at 4.9 Other retailing spending increased by 0.2 per cent while sales of household goods declined by 4.9 ” By state, South Australia led with the highest growth in retail turnover at 7.6

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VMS

DECEMBER 28, 2021

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2019.

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Inside Retail

NOVEMBER 8, 2022

And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. Designworks’ divisional general manager Brooke Norton told Inside Retail that the brand sells about 15 million units each year and is heading towards $200 million in wholesale sales. per cent, year-on-year retail sales growth in August 2022.

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Inside Retail

JANUARY 30, 2023

per cent while department store sales increased 11.1 per cent increase while food and ‘other retailing’ grew 6.8 Despite economic headwinds, Zahra noted inflation appears to be driving a “significant” portion of sales growth. However, on a month-on-month basis, turnover fell 3.9 per cent and 3.5

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Inside Retail

JUNE 28, 2023

million in stores and online with significant spending observed in food, up 6.1 Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2

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Barber Design

OCTOBER 6, 2016

Following on from our post about organic skincare brand, Neal’s Yard Remedies – it looks as if the iconic retailers are onto a winner as the latest retail trends suggest that health and beauty is a growing area of focus for many retailers – including major department stores John Lewis , Debenhams and Harvey Nichols.

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Inside Retail

JULY 4, 2021

And while food retailing led the way in growth (1.1 per cent) and department stores (0.7 In total, the ABS recorded sales of $31.1 Paul Zahra, chief executive of the Australian Retailers Association, said that the overall boost was welcome but that lockdowns are clearly having an impact on spending and confidence.

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Inside Retail

NOVEMBER 27, 2023

Australian Bureau of Statistics (ABS) data showed that retail turnover amounted to $35.77 Food sales rose 3.3 billion while cafes, restaurants, and takeaway sales climbed 4.6 Department store sales increased 0.4 billion during the month, up 1.2 per cent from the year-ago period. per cent to $14.23

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Inside Retail

JULY 28, 2022

Retail sales in June registered $34.2 Seasonally adjusted retail sales are still higher at 12 per cent year-on-year, although compared to may they were up by just 0.2 per cent, followed by clothing, footwear, and personal accessory retailing at 1.3 per cent, and other retailing at 0.5 per cent each.

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Inside Retail

AUGUST 26, 2021

Retail sales in July tumbled 2.7 per cent, the largest month-on-month fall this year, as the worsening Sydney-based outbreak ravaged the retail sector’s confidence, according to data from the Australia Bureau of Statistics. per cent down), clothing, footwear and personal accessory retailing (15.4

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Inside Retail

SEPTEMBER 27, 2021

National retail sales fell 1.7 The data, care of the ABS, demonstrates the prolonged impact lockdowns around the country are having on the retail industry: clothing, footwear and personal accessories sales fell 17.4 per cent, department stores 15.9 per cent in August compared to a month prior, and slowed 0.7

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