Abstract Department Stores & Shopping Malls in China Department stores and shopping malls in China are mainly engaged in large-scale retailing of a wide range of merchandise across many categories. These activities are generally managed centrally in one building. The industry's major product...
Easy money: The COVID-19 pandemic has boosted industry demand and revenue growth Abstract Buy Now Pay Later in Australia Operators in the industry provide payment solutions to merchants and consumers that allow consumers to purchase goods and services immediately but make interest-free...
Rising from a low base due to the sharp contraction in retail sales in 2020, department stores saw low level growth in 2021. Growth was partly constrained by the continuation of lockdown measures: weekend lockdowns were in place throughout the first half of 2021 and full lockdown was enforced between April and May. Department Stores...
Shopping spree: Industry gains may be largely offset by increasing competition from e-commerce sites Abstract Department Stores in Canada Despite macroeconomic growth, the Department Stores industry in Canada has declined over the five years to 2019 due to increased external competition from supercentres...
Following a torrid stretch for the channel, department stores saw improved sales in 2021, going some way towards recouping the heavy losses incurred during the previous year. Discretionary spending – particularly on categories like apparel and beauty products that had been largely neglected – returned in 2021 alongside in-store shopping. Department...
The retail current value sales of department stores plunged by around a fifth during both 2020 and 2021. Department stores operators were particularly hit hard by COVID-19, particularly during the lockdowns, when they were forced to temporary close their stores. Moreover, even when they reopened, stores had to operate with restricted capacities...
Sales figures from department stores in 2021 remained much lower than those recorded pre-pandemic. The small increase in 2021 when compared to 2020 was due to the marginal improvement in footfall to bricks-and-mortar stores, which was the result of pent-up demand and the benefit of the Christmas 2021 selling period. However, the year continued...
Special order: Operators will contend with rising competition from department stores and online retailers Abstract Small Specialty Retail Stores in Canada The Small Specialty Retail Stores industry in Canada, which relies on discretionary purchases of products such as tobacco, art supplies,...
After a challenging year in 2020 when department stores witnessed declining sales, the channel registered a positive performance in 2021. The pandemic led to the introduction of various restrictions to control the spread of the virus including a lockdown, which required department stores to close their doors for several weeks during Q2. Department...
Conscious consumers: A greater focus on provenance is likely to benefit market place sellers Abstract E-Commerce in Ireland Operators in the industry retail a variety of products via the internet, mail order, TV and phone. Online auction sites are included in the industry, but transactions involving...