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Australians return to the malls despite a plunge in consumer confidence

Inside Retail

Comparable sales of major retailers and specialty stores were up by 11.2 Scentre group’s figures came out on the same day as the latest consumer confidence data from Westpac shows a decline of 5.6 The post Australians return to the malls despite a plunge in consumer confidence appeared first on Inside Retail.

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Graf Lantz Seeks Growth Without Sacrificing Product Quality or Sustainability

Retail TouchPoints

Our founders are not consumers in context of the ‘consumerist culture,’” Gopinath explained. The company’s goal isn’t to get consumers to buy the same products over again, but to sell those products to more consumers while also providing shoppers with things that work in other parts of their lives.

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With Sights on Global Growth, Draper James Sells Majority Stake

Retail TouchPoints

Consortium Brand Partners (CBP), a consumer-focused investment manager, has acquired a majority ownership stake in Draper James , the fashion and lifestyle retail brand founded by actress Reese Witherspoon. Financial terms of the deal have not been disclosed.

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NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion

Retail TouchPoints

The holiday may be serving as a form of release for pent-up consumers: nearly three-quarters ( 73% ) of shoppers celebrating Valentine’s Day this year feel it is important to do so given the current state of the pandemic. Just over half ( 52% ) of U.S. adults plan to celebrate Valentine’s Day this year, spending a total of $21.8

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4 Ways Anthropologie is Building Brand Loyalty While Acquiring New, Younger Customers

Retail TouchPoints

While Urban Outfitters ’ assortment is designed for consumers in their teens and early 20s, Anthropologie provides a destination for consumers’ “next generation of life,” when they’re starting careers and families, according to Chief Marketing Officer Elizabeth Preis. As a company, we place a huge premium on creativity.

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Why Aeon Mall is looking outside Japan for future growth

Inside Retail

Regional trends This year, Aeon expects specialty store sales in its China shopping malls to grow by 30 per cent, which would normally be a forward indicator of strongly positive leasing spreads. Meanwhile, Aeon expects specialty store growth in both its Japan and Vietnam malls of 10 per cent this year.

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Healthy and Delicious: Consumers Have High Demands for Today’s Snacks

Rangeme

The COVID-19 pandemic has also played a role in the increase in consumer snacking—an NPD s tudy found that 37% of consumers felt it was important to have sufficient snack foods on hand during the pandemic. More people are rethinking how they consume and are prioritizing sustainability, and functional ingredients. Plant-based?