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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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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. Retail gross revenue was up 3.9

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How Redesigning Packaging Can Help Retailers Prepare for Inflation & Labor Market Changes

CRP

How Redesigning Packaging Can Help Retailers Prepare for Inflation & Labor Market Changes We’ve all felt it. Despite this, consumers are still spending their hard-earned dollars, with retail sales up almost 10% compared to 2021, as reported by Retail Dive. Coordinate with your marketing team.

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5 Ways Retail Businesses Benefit From A Merchant Cash Advance

RetailMinded

Retail businesses usually have peak and down seasons. They must thrive by obtaining immediate cash flow support to sustain operational expenses during market fluctuations. Therefore, a merchant cash advance is a very practical funding option for many retail businesses. . Promotes Better Cash Flow Management.

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Why smart retailers are preparing to be ‘on sale’ this Christmas

Inside Retail

Last year, Black Friday sales saw November retail figures up by 1.4 Then along came December and retail sales took a dive of 3.9 Australian Retailers Association CEO Paul Zahra has already warned retailers to “anticipate a bargain-driven Christmas shopper” and that “overall Christmas spending is in decline.”

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Is technology the answer to wrapping up 2021 in style?

Retail Focus

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Despite this, there are some bright shoots of recovery.

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