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Aeon Mall hits the right note in Japan and Vietnam, but China is still problematic

Inside Retail

China now accounts for 15 per cent of the companys operating revenues and two-thirds of its non-Japan operating revenue. Specialty store metrics at the companys malls reflected rising prices and higher average transaction values in Japan, with sales growth at the Japan malls of 6.2 per cent and customer traffic growth of 3.2

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

Retail TouchPoints

Unsurprisingly, ecommerce will be the most popular destination for Valentine’s Day shopping, accounting for 39% of the total. The other top shopping destinations include: Department stores ( 29% ); Discount stores ( 28% ); and A tie between local small businesses and specialty stores ( 17% each).

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Hot property: What’s driving Aeon Mall’s record-high results

Inside Retail

million), due to an impairment expense and a provision for store closings. Specialty store sales at the company’s domestic malls reported growth of 5.9 Aeon not only benefited from increased rental income from these specialty tenants but costs fell too, so the profitability of the Japan business rose by a healthy 13.8

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Why Japan’s Aeon Mall is chasing growth overseas

Inside Retail

As the pandemic moves further and further into the rearview mirror, Japan’s Aeon Mall is looking to put the afterburners on its shopping centre development program, both inside and outside Japan. Operating costs have grown faster than revenues, which are derived primarily from leasing space in its shopping centres. The three-year plan.

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Retail Statistics You Should Know

Small Biz Trends

We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Specialty stores are often a part of small retail store businesses.

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Why it’s good to be a mall operator in the Philippines right now

Inside Retail

The booming retail business Aside from the retail properties, SM Investments also has a separate retail arm consisting of about 3850 department stores, supermarkets, hypermarkets and specialty stores. Same-store sales have been increasing at a rate above 6 per cent and twice that at its 74 department stores.

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Central Retail: Expansions and omnichannel drive growth

Inside Retail

Omnichannel grew by another 10 per cent, year over year in the fourth quarter and now accounts for 20 per cent of company sales. Further reading: Eat, shop, play, repeat: Behind Central Retails winning mall formula The post Central Retail: Expansions and omnichannel drive growth appeared first on Inside Retail Australia. billion baht.