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Chinese discount store Miniso is growing by one new store a day

Inside Retail

The expansion has increased Miniso’s store number to 4587 in China and 94 in overseas markets. The brand recorded the strongest performance in its home market, with physical store and online e-commerce revenue surging 69 per cent and 86 per cent respectively during the third quarter of fiscal year 2021, which ended on March 31.

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How retailers can capture the Millennial market in a cost-of-living crisis

Inside Retail

Home ownership at age 40, let alone at 30 or 20, seems like a far-fetched fantasy. This is compared with 62 per cent of Gen X and two-thirds of Baby Boomers at the same life stage. Finder data shows that one in four Millennials now choose to live at home after they hit their 30s. That increases to 10.4 That’s true, true.

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How Shein is winning the fast-fashion war by putting consumers in charge

Inside Retail

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

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Retail spending strong in late 2022, but signs of slowing emerge

Inside Retail

When looking only at retail spending – one of 12 categories comprising the Index – the fluctuation over the Christmas season was more evident. The most significant annual increases in retail were seen in specialty retail stores, alcohol goods, family clothing stores and discount stores. per cent) and December (+12.5

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BTS spending expected to exceed $41 billion

Mass Relators

While consumers have started shopping early, as of early July, 85% said they still have at least half of their shopping left to do. Spending on big-ticket items such as electronics and furnishings as well as necessities like food accounts for more than half of the increase in total back-to-college spending this year. and a new high.

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Back-to-class shopping expected to reach record levels

Mass Relators

While consumers have started shopping early, as of early July, 85% said they still have at least half of their shopping left to do. Spending on big-ticket items such as electronics and furnishings as well as necessities like food accounts for more than half of the increase in total back-to-college spending this year. and a new high.

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Ethical Commerce: How to Overcome 3 Top CSR Hurdles (With Examples)

Retail TouchPoints

Across all organization sizes and market locations in our survey, cost placed highest ( 53% ) on the list of challenges. Legal and regulatory requirements were cited by survey respondents at 25% overall, with large brands ( 35% ) and UK-based firms ( 30% ) seeing more obstacles. Legal and regulatory. General merchandise.