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What China’s latest retail sales reveal about changing consumer spending

Inside Retail

Reporting by the business media of retail sales and other economic data produced by governments in developing Asia is often too trusting. Officially then, China’s retail sales rose by 4.7 The online share of total retail sales is now 23 per cent. billion, Same-store sales grew by 6.6 per cent to US$4.0

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Beyond the beach: Richard Facioni outlines plans for Surfstitch

Inside Retail

Data shows the rapid increase in online shopping that defined the first year of the global pandemic has started to fade, as the novelty of lockdowns wears off and government stimuluses run out, and online retailers that once enjoyed record highs are now working harder to drive sales. This time last year, we were all still in lockdown.

Planning 246
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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

Planning 130
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“Makes sense on paper”: Premier backs spinoff, but analysts have doubts

Inside Retail

Solomon Lew’s plan to spin off Premier Retail into individual business units, announced in August, appears to be moving full steam ahead, as kids’ stationery brand Smiggle and sleepwear brand Peter Alexander investigate potential international expansions. Lew wouldn’t disclose who Premier Retail’s partner in UAE is.

Expansion 259
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Homeworld Helensvale sells for $265 million

Inside Retail

An invitation-only international expression of interest campaign was conducted and managed by Stonebridge’s Philip Gartland and Lachlan MacGillivray and Stewart Gilchrist of Colliers. hectares of developable vacant land, a portion of which has preliminary approval for retail, showroom, medical and indoor recreation, and offices.

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Five Tips To Improve Your Retail Sales Forecasting 

RetailMinded

You should always prepare for the worst because you won’t likely hit sales in all seasons without a solid sales and marketing plan and continuous sales monitoring. Sales forecasting shows the potential problems that impact sales quota to resolve them even before they arise. Hire A Financial Analyst .

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Hallenstein Brothers gets new CEO

Inside Retail

Brown has been a brand manager at True Alliance since 2009, most recently managing the Ben Sherman brand. In that role, he was responsible for product sourcing, buying, design, marketing, wholesale and retail sales, brand positioning and organisational development.