Savills Global Retail and Leisure’s Post

Its great to know there is positivity in the market to counter the usual talking down of retail we see in the press. Its tough out there for sure, but there is a lot of exciting activity too, and an ever increasing list of new and growing independents and brands. These are Savills top picks for 2025:

From entertainment to education, from daily essentials to luxury goods—retail truly covers it all. This is the magic of retail and the reason I’m so passionate about it. In my view, it’s the only industry that actively touches every aspect of our lives. My newsletter, "Modern Retailing", keeps you updated on the latest trends and developments shaping the retail world. But it’s more than just a newsletter—it's a growing community of people who share a love for retail. Subscribe now and join a network of retail enthusiasts! (link to join in the comment) #newsletter #retail #innovation

✨ Pleasure working with Koey Wan again for our last online webinar of 2024 to talk about the changing consumer landscape and how it will shape the retail industry in APAC. Tune in if you want to plan ahead for 2025 and beyond! 🙂 —— In the context of changing consumer shopping habits, the retail industry continues to struggle, so as luxury retail is facing a series of setbacks. Against this backdrop of economic challenges, DTC presents a significant opportunity to drive growth and create profit margins. ▶ Check out our latest webinar about Retail Strategy: DTC https://lnkd.in/gjDW2EfV

As we dive into the holiday #Retail season, new consumer trends are emerging across the market. Even amid economic uncertainties, retail sales are on the rise, with momentum expected to grow post-election. Here’s a snapshot of the latest developments we’re tracking: The luxury sector is feeling the impact of shifting consumer preferences. High-end brands are experiencing a slowdown, while niche luxury labels that resonate with ultra-high-net-worth #consumers continue to perform strongly. Discretionary retail is holding steady, with mid-market brands maintaining their appeal. Some are even strategically expanding, signaling resilience and adaptability in today’s market landscape. Popularity shifts are impacting brand performance across the board, as emerging brands and well-performing stores actively pursue new retail opportunities. Meanwhile, brands experiencing unique comebacks demonstrate how consumer tastes continue to evolve. We’re closely monitoring these shifts at #RCSRealEstate and supporting clients as they navigate this dynamic environment. To learn more about RCS, visit: https://lnkd.in/eu3yjUVz

Our latest article, "International Brands Bring Sizzle to the US Marketplace," is now live on Retail Dive! Learn how global brands are reshaping the U.S. #retail landscape by creating dynamic shopping environments, attracting diverse shoppers, and fueling long-term growth. Read the article here: https://cushwk.co/47svINI

Inside Retail Asia is on the ground in Paris for the World Retail Congress! Here are some highlights from Day 1 of the Congress: ➡Carrefour Group chair and CEO Alexandre Bompard identified three key trends that are impacting the French retail giant: digital transformation, inflation and climate change. "We will encounter new shocks and we need to experiment with new approaches. Retail demands us to adapt, it's our role to navigate these changes." ➡Former Walmart International CEO Judith McKenna shared her formula for leadership and spoke about the importance of hope: “We were taught in business that hope is not a strategy, but it is a talent. It brings inspiration, it’s active, not passive,” she said.  ➡Crate and Barrel CEO Janet Hayes discussed the success of the furniture retailer's interior design service: "Design Desk has only been in play for three years and 40 per cent of revenue is coming through design desk appointments." ➡Fabletics brand president Ashley Kechter revealed the importance of understanding the right marketing channel for your target demographic: "The number one marketing channel for Gen Z is YouTube, then TikTok; for millennials it's Google." ➡Kmart Australia Limited CEO Ian Bailey shared the company's international expansion plans and what he sees as the key to long-term success: "We're working hard to constantly drop the average age of our consumer; that’s the lifeblood of a retailer." Stay tuned for further updates from WRC 2024.

The results of our fourth annual State of Australian Retail: Retail Proposition Index are in, with Nike, Bunnings and Dan Murphy's securing the top spots. Each year, we survey over 5,000 Australian shoppers to understand their shopping preferences, including their favourite retailers. This year’s top 10 favourites are: 1. Nike 2. Bunnings 3. Dan Murphy's 4. Chemist Warehouse 5. JB Hi-Fi 6. Officeworks 7. adidas 8. IKEA 9. Costco Wholesale Australia 10. Kmart Australia Limited To learn more about how these retailers have captured the hearts and minds of Australian shoppers over the past year, feel free to reach out to our local retail team Jeremy Barker, Maurice Violani and Julie Preston. We will be unveiling the full report at our State of Australian Retail breakfasts in Sydney on 29 October and Melbourne on 30 October. Spaces are limited so please reach out to Amanda Gibbs at amanda.gibbs@occstrategy.com if you are interested in attending. About the Retail Proposition Index: - First launched globally in 2010 - Globally, the RPI has received 48,000+ responses across 9 countries covering 800 retailers this year - The Australian RPI debuted in 2021 - In Australia, 5,000+ shoppers gave responses for 92 leading retailers this year - The RPI covers general consumer sentiment, like perceptions on cost of living, sustainability and use of AI, as well as brand specific scoring, such as brand performance on KPCs and the customer journey

We're seeing so many more eCom brands expand internationally 🌍 I spoke with Future of Retail X about why tapping into international markets might be a game-changer for retail growth. Read the full article below 👇 #eCommerce

Paris was at the center of the retail world in April, as over 800 retail leaders from 60 countries descended on the Palais des Congrès for the annual World Retail Congress. The 2024 Congress theme, High-Performance Retail, was fitting for a city gearing up to host the world’s top athletes at the Summer Games in just a few months’ time. As Congress speakers examined the traits needed to be truly world-class in today’s dynamic retail landscape, the overall mood was cautiously optimistic. The pace of retail disruption remains unrelenting—the world is poised for a year of geopolitical turmoil, major elections, and further technology advances. But consumer confidence is gradually returning, as is the industry’s faith in its own resilience following the disruption of recent years. Reflecting on three days of thought-provoking sessions, engaging panel discussions, and industry networking opportunities, 5 actionable insights stood out:

Paris was at the center of the retail world in April, as over 800 retail leaders from 60 countries descended on the Palais des Congrès for the annual World Retail Congress. The 2024 Congress theme, High-Performance Retail, was fitting for a city gearing up to host the world’s top athletes at the Summer Games in just a few months’ time. As Congress speakers examined the traits needed to be truly world-class in today’s dynamic retail landscape, the overall mood was cautiously optimistic. The pace of retail disruption remains unrelenting—the world is poised for a year of geopolitical turmoil, major elections, and further technology advances. But consumer confidence is gradually returning, as is the industry’s faith in its own resilience following the disruption of recent years. Reflecting on three days of thought-provoking sessions, engaging panel discussions, and industry networking opportunities, 5 actionable insights stood out: