2023 10 
Inside Retail
APRIL 22, 2024
trillion in 2023. In transaction volumes, the market experienced 10 per cent growth in 2023, outpacing the rate of new outlets opening, which remained at 3 per cent growth. By 2028, delivery is expected to account for 23 per cent of Asia Pacific food-service sales, compared to 21 per cent in 2023.
Retail Focus
JANUARY 24, 2023
Retail Conditions Inflation in the UK currently sits around 10%, the highest rate in 40 years. When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. Market research shows retail food sales are expected to grow by around 5% in 2023.
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Inside Retail
JANUARY 21, 2024
In conversation with reporter Lauren Thomas of The Wall Street Journal, Daunt discussed the realities of keeping up the bookstore chain’s legacy in a rapidly shifting market. In August 2019, Daunt was appointed as Barnes & Noble’s CEO, presumably to “save” the retailer in a similar manner. per cent from pre-pandemic sales of 2019.
Inside Retail
APRIL 24, 2023
The new flagship is scheduled to open to shoppers on Friday, a key debut for a store that accounted for 10 per cent of Tiffany’s global sales before it closed for renovation in 2019. million international visitors in 2019, according to the New York City Tourism and Conventions bureau. billion in 2025. There were 47.3
Inside Retail
OCTOBER 30, 2023
Skims’ dive into the menswear market On the expansion into the menswear category, Jens Grede, the CEO and co-founder of Skims explained that the brand’s decision “was reinforced by a growing number of men who have already embraced the brand’s existing product offerings, with men accounting for over 10 per cent of Skims’ existing customer base.”
Inside Retail
FEBRUARY 28, 2024
It stays out of trouble by not taking sides on issues that don’t concern its business directly, and by not falling for trendy marketing ideas that will alienate its core customer base. Walmart believes it achieved market share gains among higher-income brackets, suggesting that more affluent households have been trading down.
Inside Retail
APRIL 14, 2024
So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.
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