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Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. CBRE said events and the return of international students and tourists as well as a return of office workers would be positive drivers for CBD retail sales in the year ahead. per cent to 13.9

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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

The shift in spending towards online channels is another permanent outcome of the pandemic, with annual events such as the Black Friday and Click Frenzy sales helping to propel end-of-season retail sales well into November , permanently changing the flow of consumers’ retail spending patterns.

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Experts weigh in: how economic conditions will impact retailers in 2023

Inside Retail

With consumer confidence well below 100, inflation high, and interest rates fuelling concerns about mortgage stress and negative equity – and the continuing spectre of recession – we would expect to see highly predictable patterns of behaviour. I can reveal that retail sales for Q1 of 2023 are forecast to be $99.9

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Retail’s Supply Chain Puzzle: Understanding And Addressing Retail Supply Chain Challenges

RetailMinded

According to a report by Maersk, 40% of retailers have wanted to increase the resilience of their supply chains since the global pandemic, which impacted businesses. Challenge 2: Efficient Inventory Management Challenge: Maintaining optimal inventory levels is a critical aspect of retail.