Did you know? The off-price retail market is projected to grow twice as fast as the conventional retail sector in the next 5 years. Stay ahead of the curve—join our Telegram group to receive the latest market insights and updates. 🔗 [https://t.me/Expandly] #RetailTrends #MarketInsights
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MARKET OUTLOOK: Retailers attending High Point Market Authority are expecting better times ahead, as early as the first half of 2025: https://bit.ly/3YwEFBw For trends from the show, click here: https://bit.ly/3YlCoJe
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Despite a promising start to spring, sales fell by 4% year-on-year in April. 🛍️🛒 As consumers cautiously navigate economic recovery, triggers like warmer weather and events play a crucial role in reigniting discretionary spending habits. Can an early summer interest rate cut or Euros 2024 fever revive consumer confidence? ⚽ Linda Ellett explores the full results in our latest British Retail Consortium Retail Sales Monitor 📰 http://spkl.io/60414NRxc #UKRetailSales #ConsumerConfidence
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April's retail sales dropped 4% year-on-year with the poor weather impacting across sub-sectors, from fashion to gardening and DIY. Retailers will be pinning their hopes on the warmer weather and upcoming sporting events in reigniting spending habits over the summer months. Read the full article below 👇 #dash #retailinsights #consumerconfidence
Despite a promising start to spring, sales fell by 4% year-on-year in April. 🛍️🛒 As consumers cautiously navigate economic recovery, triggers like warmer weather and events play a crucial role in reigniting discretionary spending habits. Can an early summer interest rate cut or Euros 2024 fever revive consumer confidence? ⚽ Linda Ellett explores the full results in our latest British Retail Consortium Retail Sales Monitor 📰 http://spkl.io/60414NRxc #UKRetailSales #ConsumerConfidence
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Are you shopping less? Last week's weaker-than-expected retail sales figures prompted our Global Market Strategy team to take a closer look at consumer behavior in this week’s #MacroMonday. In short, while the current situation doesn't point to an imminent recession, it doesn't bode well for the long-term outlook either. Continue reading: https://bit.ly/3Se2ah2 #MacroPulse | #MarketInsights
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Inspiring Innovation, Delivering Insights, Fueled by Creativity | National Manager of Retail Research at Colliers
Check out our latest foot traffic analysis, where all retail segments saw a positive increase in foot traffic for June: 👕 Apparel: Sales rose by 3.8%, with foot traffic up 8.3%, driven by early back-to-school shopping and closet refreshes. 🛒 Grocery: Sales increased by 1.7%, with foot traffic nearly 5%. 💲 Discounters: Notable increase in foot traffic, highlighting strong consumer activity.
June saw a 4.4% rise in retail foot traffic, signaling strong consumer activity despite unchanged headline sales. Strong household finances and a resilient labor market are expected to sustain consumer spending through late 2024. Read more from Anjee Solanki and Nicole Larson of #ColliersRetail in the June Foot Traffic Report here: https://ow.ly/clay50SEBIb
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June saw a 4.4% rise in retail foot traffic, signaling strong consumer activity despite unchanged headline sales. Strong household finances and a resilient labor market are expected to sustain consumer spending through late 2024. Read more from Anjee Solanki and Nicole Larson of #ColliersRetail in the June Foot Traffic Report here: https://ow.ly/clay50SEBIb
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EXCLUSIVE: The proportion of independent newsagents and convenience stores growing their sales or profits is in decline as the sector is suffering a major sales slump. In the latest instalment of the Retail Sentiment Tracker report, a survey of 200 shop owners by Better Retailing’s publisher Newtrade Media, the number of stores turning a greater profit than the year before fell from one in four in January to less than one in five stores in July. https://hubs.li/Q02TX9SD0
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