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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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Improving Campus Store Returns Management with Smart Technology

Parcel Pending

Smart technology, including smart parcel locker solutions, can significantly improve returns management for campus stores by simplifying and streamlining the reverse logistics process. This is in spite of the fact that retail sales figures have seen steady growth over the past three years. return rate in 2022.

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

Inside Retail

Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service.

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Analysis: EOFY won’t end the tough times for many

Inside Retail

The retail industry has cause for a touch of optimism entering the next financial year but it is unlikely that the rollercoaster ride is over for everyone. Retail sales for the first four months of 2022 are showing encouraging growth but the devil is in the detail, with the underlying driver of the increased revenue levels being inflation.

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Why the NBA is going green and opening stores Down Under

Inside Retail

Both stores feature a wide range of apparel and merchandise, and seek to leverage the significant,and ever growing, popularity of the league in Australia. How has this impacted the NBA’s brand in Australia, and have you noticed any trends in merchandise sales related to these players?

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Sheike to enter South Australia in major bricks-and-mortar push

Inside Retail

It’s a really vibrant space, and we’re so excited to open,” Sandra Kennedy, Sheike’s general manager, told Inside Retail. Sheike is also in the process of redesigning its website to include more personalisation, dynamic merchandising and better cart functionality.

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Optimizing Mail Center Operations: Why Open Locker Networks are the Future of OoH Delivery

Parcel Pending

In fact, eCommerce is estimated to account for 22% of global retail sales, with parcel shipping volumes projected to reach a staggering 200 billion by 2025. of all retail sales of all retail sales, down from 16.6% in 2022, yet still a figure that retailers and carriers are eager to reduce.