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Apac tipped to fuel global airport retail market recovery

Inside Retail

Asia Pacific’s airport retail market is projected to grow to US$33.8 billion by 2026, driving the global market to $63.4 According to GlobalData, the growth will be driven by the increase in retail space and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations.

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How Amazon more than tripled its profits in Q1

Inside Retail

Amazon expects net sales in the quarter ended June 30, 2020, to be between US$110 billion and US$116 billion, an increase of between 24 per cent and 30 per cent year on year. It’s not surprising that Amazon has done really well,” Jason Pallant, a senior lecturer in marketing at Swinburne Business School, told Inside Retail.

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“Building for the future”: Inside Endeavour Group’s plan for digital

Inside Retail

And while the business’ sales stayed flat compared to FY21, Endeavour Group has managed to diversify itself across the alcohol retail space, with a number of new brands and offers now online, signalling new potential moving forward. Compared to the beginning of Fy20, before Covid-19 hit, retail sales were up 12.7

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12 Retail Tips for 2022

Retailing Insight

POSITIVE EXPERIENCE An article published by Deloitte last September, says “Holiday Retail Sales Expected to Increase 7-9%,” expect an in-person increase of 7-9% and an e-commerce increase of 11-15%. These redesigns are used as a part of their marketing campaigns to draw customers back to the brick-and-mortar locations.

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Brick & Mortar Remains King: The Value of In-Store Experiences

Parcel Pending

Omnichannel retail is about creating consistent experiences across apps, websites, social media , ads, and in- store visits to increase customer engagement. Customers who collect their order from a smart locker and decide not to keep it, are able to communicate with the retailer and place it back into the locker for a no-hassle return.