article thumbnail

Retail sales slightly up in December as shoppers shifted spend to Black Friday

Inside Retail

Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. ” Department store sales climbed 3.7 billion, followed by food sales which grew 1.4 ” Department store sales climbed 3.7 per cent to $1.83

article thumbnail

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

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Different Techniques to Try to Increase High-End Retail Sales

Retail Focus

Start Networking With Influencers Reach out to stylists, bloggers, influencers, and other relevant people in your industry to forge relationships. Leverage Programs and Promotions Offer creative promotions to entice customers to buy. Make sure these people have an audience in your niche.

article thumbnail

How Color Psychology Influences Retail Sales

Creative Displays Now

Other popular colors and their connection to the consumer psyche include: Blue: A tranquil hue that communicates trust and security, making this a go-to choice for financial institutions and tech products. Best Buy: Best Buy rarely goes away from their brand colors on their point-of-purchase displays and promotions.

Color 98
article thumbnail

Mother’s Day, inflation underpin Australian retail spending growth

Inside Retail

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 per cent while household goods fell by 4.4 per cent, the ABS said. per cent, WA at 5.7

Promotion 240
article thumbnail

Here’s an in-depth look at the major retail sales events in Southeast Asia

Inside Retail

According to a recent report by Bain & Co and Meta, GDP growth and inflation in Southeast Asia are projected to perform better than other markets, such as the US and EU. To celebrate its birthday each year, it runs significant promotions and discounts of up to 90 per cent for a 24-hour ‘sales festival’ period. 10.10, 11.11

article thumbnail

Australia’s retail ‘recession’ runs to three consecutive quarters

Inside Retail

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.