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Suburban shopping strips are struggling, but they still have time to evolve

Inside Retail

The fall in retail vacancy levels from late 2022 and March of this year, after the Covid lockdowns were lifted, are likely to creep up again in the prevailing economic conditions, and vacancy rates in CBD retail precincts continue to be impacted by low office occupancy.

Shopping 130
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From triathlons to trimesters: ex-2XU colleagues launch new maternity brand

Inside Retail

So far, TheRY has spread mostly through word-of-mouth, but now the co-founders are now looking to leverage medical endorsements and increase their distribution through specialty retailers to raise awareness and reach new customers. “We’re We don’t really want to pay someone to speak about our product.

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

We have continuously worked with all our tenants to come up with robust marketing strategies to encourage customer traffic and spending, including creating promotional areas at high traffic areas, assisting with shopping and dining vouchers, and continuing with our shopper rewards and redemption programs.

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7 Costly Mistakes to Avoid in Retail

Compliantia

All the while, retail profit margins are shrinking. According to data from CSI Market , the specialty retail sector’s profit margins sat at 35.55% in the first quarter of 2021, down from 36.01% in the previous quarter. . People’s shopping habits have evolved dramatically and consumer expectations continue to increase.