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Q2 Results: Target Boosts Online Sales 195%, Walmart’s Grow 97%

Retail TouchPoints

Same-day services, including order pickups, drive-ups and its Shipt subsidiary, grew 273% and accounted for approximately six percentage points of total company comp sales growth. Additionally, the retailer saw strong market share gains across all five of its core merchandise categories. Walmart U.S. billion in Q2, a 9.3%

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145-year-old Bissell Brand Leverages Livestreaming, 11.11 and KOLs to Clean up in China

Retail TouchPoints

The floor care category in China 10 years ago was tiny, but through local investments and a growing middle class it’s now become the second-largest floor care category in the world behind the U.S.,” explained Max Bissell, VP and General Manager of Hard Surface and Robotics and the eldest son of Chairman and CEO Mark Bissell. “The

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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

And while other sectors in the economy, such as construction, have continued to battle with supply-chain disruptions and adverse weather, activity has been buoyant across the board in general; we estimate that GDP expanded by around 3.8 The impact of higher interest rates on the housing market is apparent. per cent in 2022.

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How Korea’s big 3 department stores are killing it right now

Inside Retail

Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). More significantly, sales in January-March were well above the level of early 2019 (+15.1 per cent from the first quarter in 2019. per cent above the first quarter of 2019.

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Analysis: Is boring large format retail finally over?

Inside Retail

In 2019, Morgan Stanley found that only three out of 22 Australian big-box retailers experienced sales-per-square-metre growth that exceeded operational costs. Still, they account for more than 25 per cent of all sales, employ nearly half a million Australians and make up 35 per cent of all retail floor space in the country.

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Imagine being able to see into the future

Inside Retail

Initially launched in July 2019 by CommBank’s Global Economic and Markets Research team, and expanded in November 2021, the CommBank HSI Index has foreshadowed actual spending with a high degree of reliability. In time, we see this index becoming an important economic indicator for Australian consumer markets.”.

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Google Ads Tips: Target The Right Customer At The Right Point In The Shopper Journey

Retail TouchPoints

Shoppers making online purchases in new categories are valuable targets, but the search advertising space was growing increasingly crowded even before the pandemic caused a surge in online shopping, according to Sidecar’s 2020 Benchmarks Report: Google Ads in Retail. in 2019 as marketers made better use of their money.

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