article thumbnail

Shoppers see sharpest price rises since 2012 as cost of living crisis bites

365 Retail

Shoppers have been hit by the highest price rises in almost 10 years after shop inflation almost doubled over the past month, new data suggests. According the latest BRC-NielsenIQ shop price index, annual shop price inflation jumped from 0.8% in January, the highest rate since 2012. in December, to 1.5% in December.

article thumbnail

Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Mall Operator PREIT Exits Bankruptcy, Goes Private and Replaces CEO

Retail TouchPoints

PREIT, which operates multiple malls and shopping centers in the eastern half of the U.S., Additionally, the company has replaced CEO Joseph Coradino, a 40 -year company veteran who has served in the top post since 2012, with Jared Chupaila. portfolio of 150+ retail centers.

Finance 183
article thumbnail

JLL Brokers Sale of 107,884-Square-Foot Shopping Center in San Antonio

Shopping Center

San Antonio — JLL has brokered the sale of Terrell Plaza, a 107,884-square-foot shopping center located in San Antonio’s Alamo Heights neighborhood. Built in 1986 and renovated in 2012, the center… The post JLL Brokers Sale of 107,884-Square-Foot Shopping Center in San Antonio appeared first on Shopping Center Business.

article thumbnail

Lune Croissanterie to open two Sydney stores

Inside Retail

Established in 2012 by Kate Reid as a tiny hole-in-the-wall shop, the brand sells bread, pastries and coffee which have grown in popularity. Melbourne’s Lune Croissanterie is set to open its second premium outlet in Sydney’s Martin Place next year.

Fashion 242
article thumbnail

How Bark is Creating Products and Experiences that Pups (and Pup Parents) Love

Retail TouchPoints

The company was founded in 2012 with its core product offering, BarkBox. Interview with Bark CRO Suzanne McDonnell Suzanne McDonnell, Chief Revenue Officer, Bark Retail TouchPoints (RTP): What have you and the Bark team been able to learn about your consumers, the pup parents, since the company’s inception in 2012?

Wholesale 252
article thumbnail

Bailey Nelson ramps up expansion across the Tasman

Inside Retail

New stores are about to open at Auckland’s Botany Town Centre and Sylvia Park Shopping Centre, each offering eye testing at least five days a week. . Each of the shopping centres houses more than 200 retailers. The brand, established in 2012, specialises in designer high-end frames.

Planning 246