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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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Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday

Inside Retail

Cyber Monday, the first Monday after the Thanksgiving holiday, is set to be the biggest US online shopping day of the year as merchants have stepped up online promotions. Other firms use different measurements to gauge online shopping patterns. per cent on Black Friday, while in-store sales rose 1 per cent. and 11 p.m. .”

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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 occupancy is 98.3

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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. . Estimates of a 4.2%

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Vertical Integration, Collection Software, and Other Trends That can Make a Brand Thrive

Retail Focus

In the USA the term ‘retail apocalypse’ is being used widely to describe the fallout from the pandemic and its subsequent effects. It is predicted that over the next few years, around 80,000 retail units will close across the states. This will bring an end to many shopping malls too as people choose different ways to shop.

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Are more discounts on the cards before Christmas?

Inside Retail

We now know October retail sales shrank for the first time this year ending a run of nine months straight of month-to-month growth. With the Reserve Bank expected to give us another rate bump before Christmas, retailers must be frowning a little more each day. To keep the cash registers ringing, retailers had little option.

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