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

Inside Retail

Chinese discount chain Miniso accelerated its expansion plan during the pandemic, opening 364 stores around the world during the past 12 months. The expansion has increased Miniso’s store number to 4587 in China and 94 in overseas markets. Its e-commerce sector accounted for $26.1 per cent of sales.

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

Inside Retail

Afterpay research shows that Millennial spending accounts for 35 per cent of all retail spend in Australia. And the latest global research from ESW shows that 73 per cent of Millennial shoppers plan to spend the same or more online this year, making this generation the leader in global e-commerce spending. And, why wouldn’t they?

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BTS spending expected to exceed $41 billion

Mass Relators

Families with children in elementary through high school plan to spend an average of $890.07 As in past years, the top electronics consumers plan to purchase are laptops (51%), tablets (36%) and calculators (29%). For all back-to-class shoppers, the top destinations are online, department stores and discount stores.

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NRF: More consumers seeking bargains this Easter

Mass Relators

WASHINGTON – Eighty percent of Americans plan to celebrate Easter this year and will collectively spend $20.8 With just more than half (51%) of consumers planning in-person celebrations, up from 43% the previous year, food will account for the largest spending category. on food, followed by $28.04 on gifts and $27.93

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Back-to-class shopping expected to reach record levels

Mass Relators

Families with children in elementary through high school plan to spend an average of $890.07 As in past years, the top electronics consumers plan to purchase are laptops (51%), tablets (36%) and calculators (29%). For all back-to-class shoppers, the top destinations are online, department stores and discount stores.

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How to Prepare for a Recession

Small Biz Trends

An emergency fund is money you set apart from other savings preferably in a high-yield savings account. A high-yield savings account allows you to receive a higher interest rate than a traditional savings account and because you only use the funds in case of emergencies the interest can accumulate. Have a Financial Plan.

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NRF says record Halloween spending expected

Mass Relators

WASHINGTON – More Americans plan to celebrate Halloween this year, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, which found that holiday-related activity will return to pre-pandemic levels. Similar to last year, one in five plan to dress their pet up in a costume.