Remove Location Remove Pattern Remove Retail Sales Remove Shopping
article thumbnail

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

Contrast 244
article thumbnail

E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . In July there was a significant increase in people searching for specific brands and locations compared to the previous month. per cent.

Consumer 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon Australia maintains pace

Inside Retail

Pattern Australia has released its fourth annual report on consumer considerations and e-commerce. The most recent infrastructure project Amazon is launching in the region is the largest warehouse in the Southern Hemisphere, located in Western Sydney. You can download the full report here.

Pattern 130
article thumbnail

Tips from a travel retail expert on tapping into passenger demand

Inside Retail

What does travel retail mean? Travel retail refers to the sale of goods and services to domestic and international travelers in airports, train stations, border shops, cruise terminals, and other locations. In 2022, the global travel retail market was valued at US$55.74 per cent ove overall sales.

Location 130
article thumbnail

Retail in 2024: Adaptation and Opportunities in an Ever-Changing Environment

CAAD

The retail industry is undergoing a transformation in the first half of 2024, addressing challenges that demand agile adaptation to new trends , especially since the COVID-19 pandemic. growth in retail sales , the highest increase recorded in the European Union.

Pattern 52
article thumbnail

Luxury Retailers Eye Smaller Cities

VMS

Once almost solely concentrated in major retail cities, luxury retailers are changing their location strategies due to new patterns of living and working, Frame reports. Austin — the location of this April’s Shop! One example is Austin, Texas, which ranked as the second- fastest-growing U.S.

Jewelry 97
article thumbnail

Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

So far, Australian department stores appear to have weathered the pandemic better than their global counterparts, with most having only had moderate store closures and delivering relatively strong half-yearly results, with retail sales rising at twice the predicted rate from March 2021 to April 2021.