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TOP footie clubs, players and agents have coughed up £800million since HMRC began a tax avoidance probe. The huge tally of unpaid taxes since 2005 includes £75million in the last year. Advertisement And latest HMRC figures reveal 396 investigations are ongoing — including potential abuses at 33 professional clubs. Newcastle United recently settled a £10million tax dispute that dated back to Mike Ashley’s ownership of the club. Chelsea are being probed having reported themselves to the Premier League after spotting issues as Todd Boehly’s consortium took over ownership from Roman Abramovich. Manchester United are under investigation too, while legendary manager Sir Alex Ferguson faces scrutiny over his ACF Sports Promotion firm. Advertisement Read more on unpaid tax TAX FIGHT Top BBC host faces court battle with HMRC over alleged 'excessive' unpaid tax PAYING THE PRICE Katie Price declared bankrupt for SECOND time over £750k tax bill Earlier this year, ex-Man City defender Benjamin Mendy was forced to sell his £5million Cheshire mansion to repay an £800,000 tax debt. Meanwhile, the number of tax investigations in football is likely to rise as a result of inquiries into “dual representation” transfer deals. The deals would see agents claim to work for both a club and a player and split their fee between them. HMRC believes agents work mostly for players and therefore should pay more tax. Advertisement Most read in Football Exclusive SCOTT PROPERTY Celtic legend Scott Brown splashes out £2million on luxury pad with pool DOWN AND OUT Rangers boss Philippe Clement admits he has 'no credit left in the bank' Live Blog HEARTS 1 CELTIC 4 Idah scores with third touch just after replacing scorers Kuhn and Kyogo NOT READY SPFL club call out league bosses on 'preparation time' as Storm Bert delays game Officials warn they will no longer accept a 50/50 split as the “standard approach”. Ex-England ace Emile Heskey facing bankruptcy in latest battle with taxman 1 Ex-Man City defender Benjamin Mendy was forced to sell his £5million Cheshire mansion to repay an £800,000 tax debtA fugitive gains fame in New Orleans eluding dart guns and nets
Kemi Badenoch has long proved herself to be a gaffe-prone politician - and that trend has not ended since she was elected Tory leader. In the the race to replace Rishi Sunak , the former Business Secretary found herself at the mercy of headline after headline amid interview car crashes and bizarre moments. At the Tory conference in September, she caused a huge row after claiming maternity pay was "overburdening businesses". Elsewhere during the conference she said between 5% and 10% of civil servants are "should-be-in-prison bad" . This would mean between 25,000 and 50,000 were put behind bars. During the same month she was mocked after claiming she became working class when she got a job in McDonalds. Since becoming the leader of the Conservative Party on November 2, Ms Badenoch has had a rocky road. Her performances at the weekly Prime Minister's Questions clash with Keir Starmer have been branded underwhelming - and the latest YouGov polling shows more than half of Brits think she does not look like a Prime Minister in waiting. Here The Mirror takes a look at some of her top gaffes and weird moments since becoming Tory leader. 1. Partygate was 'overblown' A day after becoming Tory leader, Ms Badenoch thought it would be a good idea to declare Boris Johnson a "great" Prime Minister and that the Partygate scandal was "overblown". In her first major interview since winning the contest to replace Mr Sunak , Ms Badenoch suggested the problem instead was with the Covid fines. During his time in No10, Mr Johnson became the first sitting PM to be sanctioned by police after he was found to have breached his own Covid rules. Despite being among dozens who resigned from his government in July 2022, Ms Badenoch told the BBC's Sunday with Laura Kuenssberg: "I thought he was a great Prime Minister. "But there were some serious issues which were not being resolved and I think that during that tenure the public thought that we were not speaking for them or looking out for them, we were in it for ourselves." She went on: "Some of those things I think were perception issues, a lot of the stuff that happened around partygate was not why I resigned. I thought that it was overblown. We should not have created fixed penalty notices, for example. That was us not going with our principles." She added that the public was "not wrong to be upset about partygate", but said : "The problem was that we should not have criminalised everyday activities the way that we did." At the time, chair of the Labour Party Ellie Reeves said: “Listening to Kemi Badenoch dismiss Partygate as 'overblown' will add insult to injury for families across Britain who followed the rules, missing loved one’s deaths and family funerals, whilst her colleagues partied in Downing Street." 2. Misleading attack at PMQs At the start of November Kemi Badenoch used her first PMQs session to launch a misleading attack on the Government over defence spending. The new Tory leader told MPs there was nothing in the October Budget on defence spending. In fact Chancellor Rachel Reeves announced an additional £2.9billion for the Ministry of Defence and said the Government would "set a path" to spending 2.5% of GDP on defending the country. Ms Badenoch told the PM: "His Chancellor's Budget did not even mention defence. The Chancellor's budget last week was a copy and paste of Bidenomics. It turns out that a high spending, high borrowing, high inflation approach is less popular than she may have thought." The PM shot back: "The one thing I learned as leader of the opposition it is a good idea to listen to what the Government is actually saying. I think she said defence wasn't mentioned in the Budget. It was seven days ago and it is absolutely clear and central to the Budget." He said that the Government is committed to bringing defence spending to 2.5% - and pointed out that the last time this was achieved was under the last Labour government. 3. Sandwich In December Kemi Badenoch triggered a bizarre row after launching an attack on sandwiches - and dismissing them as not "real food". It caused Keir Starmer to issue a defence of sandwiches as a "great British institution" . In a magazine interview, she said "lunch is for wimps" before ranting: "I don't think sandwiches are a real food, it's what you have for breakfast." Describing her daily routine, Ms Badenoch said: "What's a lunch break? Lunch is for wimps. I have food brought in and I work and eat at the same time." She added that she "will not touch bread if it’s moist”. And in another weird turn, she revealed that she sometimes has a steak brought to her as she works. No10 was having none of it. The PM's official spokesman said at the time: "I think he was surprised to hear that the leader of the Opposition has a steak brought in for lunch. The Prime Minister is quite happy with a sandwich lunch." He added that the PM "enjoys a tuna sandwich and occasionally a cheese toastie". Ms Badenoch's rant was a far cry from her predecessor's equally odd moment, in which Mr Sunak claimed his favourite meal is "sandwiches" in a cringe-worthy appearance on ITV's This Morning in July. 4. Criticism of PM backfires In another wobbly PMQs moment in November, Ms Badenoch appeared to read from her pre-prepared lines as she attacked the government's "cruel family farms tax" over a changes in October's Budget. But it landed her in trouble when moments after she attempted to attack Mr Starmer on his "scripted lines". It caused a severe mocking from the PM , who drew loud laughter from the Labour benches. He responded sharply: "I'm happy to help the leader of the opposition. If she's going to complain about scripted answers, it's probably best not to read that from a script. "I'm glad she's raised farmers. Because the budget last week put £5billion over the next two years into farming. That's the single biggest increase, unlike the £300million which was underspent under the last government. But when it comes to inheritance, the vast vast majority of farmers will be unaffected, as she well knows; as they well know." 5. Flat-rate tax is an attractive idea In December Ms Badenoch came under fire after suggesting millionaires should pay the same rate of tax as the poor. The Tory leader faced comparisons to Liz Truss after saying a flat tax rate is a "very attractive" idea. She made the comments at a theatre that was ironically showing a pantomime of Robin Hood - the heroic character known for helping the poor. Ms Badenoch said the country couldn't afford to introduce a flat rate of tax at the moment and that the cost of welfare, such as benefits, in the country needs to be "turned around" to do so. The comments triggered comparisons to disastrous ex-PM Ms Truss , who tried to push for tax cuts for the rich but crashed the economy with her unfunded promises. At the time in 2022, Ms Truss admitted her plans would disproportionately benefit wealthy people. Currently British people pay different levels of tax depending on their tax band - which is determined by how much they earn. Critics have warned that introducing a flat rate in the UK would mean low paid earners would face a tax rise, while high earners would face a tax rise. Labour analysis showed that Ms Badenoch's idea could see low earners facing a £1,200 tax hike , while the highest earners would get a tax cut of more than £5,000. A Labour spokesman hit back: “ Kemi Badenoch needs to come clean about how much she would hike taxes on working people to pay for tax cuts for the super-rich. While Labour protects working people with no tax rises on their payslips, the Tories are bringing out the ghost of Christmas past with these Truss-style tax cuts for millionaires. They haven’t listened and they haven’t learnt.” 6. Row with Nigeria A row erupted earlier in December between Kemi Badenoch and the Nigerian Vice-President Kashim Shettima, who hit out at the Tory leader for having talked down Nigeria. Ms Badenoch, who was born in the UK but mostly raised in the West African country, previously said "fear was everywhere" during her childhood in Lagos. Nigerian Vice-President Kashim Shettima suggested Ms Badenoch could "remove the Kemi from her name" if she was not proud of her "nation of origin". During a speech, he said his government was "proud" of her "in spite of her efforts at denigrating her nation of origin." The audience applauded him as he added: "She is entitled to her own opinions; she has even every right to remove the Kemi from her name but that does not underscore the fact that the greatest black nation on earth is the nation called Nigeria." He compared her comments to Mr Sunak's pride in his Indian heritage, describing him as "a brilliant young man" who "never denigrated his nation of ancestry". Ms Badenoch's spokesman hit back that she "stands by what she says" and "is not the PR for Nigeria". "She is the leader of the opposition and she is very proud of her leadership of the opposition in this country," he said. "She tells the truth. She tells it like it is. She is not going to couch her words." 7. Fumbling words in PMQs In another on-edge moment in PMQs, confusion circled the chamber as Ms Badenoch fumbled her words - which ended up making no sense. Talking about Mr Starmer's Cop29 trip, Ms Badenoch said: "I welcome the Prime Minister back from his trip to Azerbaijan where he has unilaterally made commitments that will make life more experience (sic) back home." MPs in the Commons wondered what she was talking about... As she continued, it became apparent she had meant to say "expensive". She went on: "He has made life more expensive with his unilateral commitments but speaking of making life more expensive, will the Prime Minister confirm that he will keep the cap on council tax?" The PM replied: "She talks of the trip to Cop. I'm very proud of the fact that we're restoring leadership on climate. That will be measured in lower bills, on energy independence and the jobs of the future." He added: "On the question of councils, she knows what the arrangements are." Be the first with news from Mirror Politics BLUESKY: Follow our Mirror Politics account on Bluesky here . And follow our Mirror Politics team here - Lizzy Buchan , Jason Beattie , Kevin Maguire , Sophie Huskisson , Dave Burke , Ashley Cowburn , Mikey Smith POLITICS WHATSAPP: Be first to get the biggest bombshells and breaking news by joining our Politics WhatsApp group here . We also treat our community members to special offers, promotions, and adverts from us and our partners. If you want to leave our community, you can check out any time you like. If you’re curious, you can read our Privacy Notice . NEWSLETTER: Or sign up here to the Mirror's Politics newsletter for all the best exclusives and opinions straight to your inbox. PODCAST: And listen to our exciting new political podcast The Division Bell , hosted by the Mirror and the Express every Thursday. 8. Bizarre agreement with PM In another weird PMQs moment in November, Ms Badenoch attacked Labour's economic announcements - including on money for local authorities - before bizarrely agreeing with Mr Starmer's comeback. In her rant, the Tory leader called Rachel Reeves a "copy and paste chancellor" and claimed "it is clear they had not thought through the impact of the Budget". But Mr Starmer hit back and said Labour's October Budget "does not increase tax on working people" and is putting huge investment into the NHS, schools and housing. The PM added: "If she's against those things, she should say so." In response, Ms Badenoch surprisingly agreed: "I'm not against any of those things, of course not, none of us are against any of those things. But he has confirmed that he does not know what is going on. "The Prime Minister probably does not realise that on Monday the Ministry for Communities, Local Government and Housing revealed that councils will need to find an additional £2.4 billion in council tax next year. That is a lot more than £600 million. I know that he has been away, but did the Deputy Prime Minister who runs that department make him aware of their £2.4billion black hole?" Mr Starmer replied: "Let me get this straight, she doesn't want any of the measures in the Budget, but she wants all the benefits. So the budget management is back after two weeks in office. They've learned absolutely nothing. We put forward a Budget which takes the difficult decisions, fixing the £22billion black hole, investing in the future of our country. They say they want all of that, but they don't know how they're going to pay for it - same old Tories." 9. Laughing at MP's question In November Ms Badenoch was called out on social media for laughing after an MP criticised her for saying maternity pay is "excessive". The new Tory leader came under fire at the Conservative Party conference in September that maternity pay had gone “too far”. She rowed back on her comments after widespread criticism, claiming “of course” she believes in maternity pay. But she maintained that maternity pay - as well as minimum wage - was "overburdening businesses" . During the PMqs session, Labour MP Lloyd Hatton asked Mr Starmer : "Members have raised their concerns of a range of damaging policies pursued by the Leader of the Opposition. These include voting against critical investment for our NHS , stating maternity pay is excessive and that the minimum wage is a burden, and even backing harmful backing when last in government." The camera then cut to Ms Badenoch laughing on the opposition benches in the Commons. Ms Badenoch hit back: "The Prime Minister can plant as many questions as he likes with his backbenchers but at the end of the day I am the one he has to face at the despatch box."AP Trending SummaryBrief at 9:15 a.m. ESTTORONTO - Live streams of Taylor Swift’s sold-out Eras Tour concerts in Toronto have given devoted fans a window into the spectacle of outfits, surprise songs and elaborate stages from one of the biggest cultural events in recent memory. As the massive tour inches toward its final three shows in Vancouver early next month, feeding Swifties’ insatiable appetite has become a nightly tradition for a handful of live stream hosts based all over the world. They act as ringleaders for tens of thousands of viewers witnessing Swift’s constantly evolving show through unofficial channels. “I never saw it being as big as it is,” said Tess Bohne, one of the personalities credited as a pioneer of the Swift live streams. “There is a big idea of community (and) being present without being there.” Broadcasting unauthorized concert live streams on social platforms such as TikTok, Instagram and Facebook isn’t an entirely new phenomenon, but it’s one that’s been amplified with Swift’s tour. As their popularity grows, the streams are sparking conversations about copyright law and the delicate balance between protecting intellectual property and allowing listeners to embrace their fandom. “We’ve gone beyond art being a one-way conversation from the artist to the audience,” said Jay Kerr-Wilson, an IP lawyer and co-leader of Fasken’s Technology, Media and Telecommunications Group in Ottawa. “Copyright owners, generally speaking, are being more flexible and they’re not necessarily (thinking) black-and-white.” Representatives for the singer did not respond to requests for comment. For fans, the lines are already blurred. Bohne got wrapped up in the Swift live-streaming phenomenon nearly two years ago after she attended the second night of the Eras Tour, in Glendale, Ariz., and found herself consumed by the experience for days afterward. “(Often) you go to a concert and you’re like, ‘That was great, let’s move on with my life,’” the 33-year-old explained in a video call from Salt Lake City. “But there was something different. It was like, ‘No, that wasn’t enough. I’m not done.’” Eager to relive the high she felt, Bohne chased down the TikTok profiles of fellow Swifties streaming other stops on the tour. With little technical experience, she began rebroadcasting their videos, with credit, on her own TikTok profile. She would place an iPad playing their feed in front of her phone’s camera, and then swap it out with her other iPad when she found a user with a better angle of the concert. The crude setup initially drew a few thousand viewers, she said, and with more effort put into the productionher audience has grown to 100,000 to 200,000 during peak moments. Since her initial broadcast, Bohne estimates she’s streamed more than 110 of Swift’s concerts in a split-screen format, streaming the concert in one corner and munching on snacks in the other while discussing all things Swift with a chat room of strangers. Some fans donate cash, and her social media status has helped attract influencer partnerships. But the stay-at-home mom of three children said this is primarily a labour of love. Bohne is credited by many of her contemporaries as the one who inspired them to take a shot at hosting their own Eras Tour with live commentary. “A lot of people say it’s like religion for them,” explained Lucas Chalub, a Twitch streamer and longtime Swiftie. Chalub first experimented with hosting streams in August 2023. Rumours swirled that the singer might announce the release date for one of her re-recorded albums on stage in Los Angeles, so many Swifties sought out live feeds, which included his impromptu setup that night. “A lot of people joined,” remembered the 27-year-old sports journalist from Argentina. “That’s the first night that I said, ‘Why not do this every night?’” Chalub said he usually draws on streams from 10 to 15 concertgoers who are often aware their recordings might get picked up by the streaming hosts. Many bring power banks to recharge their devices and sometimes a backup phone. “We are not the heroes that people think we are,” Chalub added of his fellow streamers, crediting fans on the ground who do their work pro bono. “The real heroes are the people in the venue spending — or wasting — their time trying to live stream for us instead of enjoying the show.” The legality around live streaming Swift’s concerts is murky. In the simplest terms, the rebroadcasting of copyrighted music without a licence isn’t allowed, and platforms such as YouTube and TikTok have sometimes shut down live feeds mid-stream at the behest of record labels. It happened to Ammir Shar, a 25-year-old streamer from Blackpool, U.K., who saw his YouTube feed for the fourth Toronto concert yanked down while the show was in progress. Hosts say they worry about racking up too many takedown notices, which can risk permanently shutting down their channels. Usually after a live stream ends, they delete the footage from platforms like YouTube. However, they say attempts to silence them won’t amount to much. When one streamer falls, sometimes two others turn up. Copyright owners are still grappling with that perspective, especially when unsanctioned live streams can impact other financial stakes, said Kerr-Wilson. In Swift’s case, she sold the streaming rights to her “The Eras Tour” film to Disney Plus for US$75 million. Arguably, the lawyer suggested, a company might take issue with similar options on the market, such as a live stream. But even that seems to be an evolving conversation. “People have realized that social media and user-generated content isn’t the enemy, and, in fact, can be a powerful way to engage with fans and to be part of the conversation,” he said. “I think the trend is going to continue.” While Swift hasn’t publicly said much about the streams, several streamers believe she is aware of them. They also argue the vast majority of people tuning into their feeds already have an investment in Swift’s success. Last November, a group of technologically savvy Swifties launched Swift Alert, a phone app that sends out alerts for the highlights of each Eras Tour show. Inside the app, the creators also launched a game called Mastermind — named after a Swift song, of course — where fans can win prizes by guessing which of Swift’s rotating selection of outfits she’ll wear for each “era” of her performance. Using Swift Alert in tandem with the live streams, many fans tune in for the standout moments of the three-hour concert. “A lot of people compare it to fantasy football,” Shah said. “This kind of stuff brings us closer together.” With the Eras Tour set to end in Vancouver on Dec. 8, many live streamers say they’re uncertain how the future looks. Recently, Bohne experimented with a live stream from pop singer Meghan Trainor’s concert to see if there’s similar interest. While it was enjoyable, she said the experience wasn’t quite the same. Others have started streaming Sabrina Carpenter’s Short n’ Sweet Tour. They say her shows are closest to Swift’s because Carpenter is a natural at witty banter, performs nightly surprise songs and changes up her outfits. “I’ve considered doing a few other (musicians, but they) are more like normal concerts — the artist on the stage with a microphone in one outfit, just singing their songs,” said Shah. “It’s not something that people at home will be like, ‘What outfit is she going to wear?’” Some wonder how live streaming will look without the intrigue of Swift’s tour. Added Bohne: “No concert is like The Eras Tour.” This report by The Canadian Press was first published Nov. 23, 2024.
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The amount of "tasteless" merchandise being pushed out by Donald Trump is igniting questions about financial transparency ahead of the incoming president taking office. MSNBC opinion writer Zeeshan Aleem wrote Monday that Trump's expensive gold shoes and AI trading cards might seem funny, but behind them the reality is that many Americans are falling for money-making schemes. "The products are absurd, and he repeatedly demonstrates that even as a billionaire, he isn’t above desperately raking in a little more cash, and in the corniest ways possible," Aleem wrote. "What makes it not so funny is that there are a lot of people in America who don’t see through it. "Trump is socializing huge parts of the electorate to think that it’s normal for a politician to monetize their public office and signal that government policy is potentially for sale to the highest bidder." Also Read: The 50-year war on democracy that built Trump's oligarchy and killed the American dream When Trump first came into office in 2017, he championed the idea of "draining the swamp" of a corrupt establishment he claimed ran Washington. Aleem noticed that the language disappeared from Trump's 2024 campaign and certainly isn't appearing now that he is raking in millions for his transition effort. During the 2016 campaign, there were also vows from Trump that he would divest from his company — and he put his sons in charge. “They’re going to be running it in a very professional manner,” Trump said six days after his inauguration. “They’re not going to discuss it with me.” "Trump’s expanding roster of merchandise through nebulous business partnerships only adds to the access points for influencing Trump; pay-to-play opportunities abound through investment in or mass purchases of Trump products — or pitching him on a new line of tacky products he can slap his name on," wrote Aleem in the column. Aleem noted that Trump has convinced his flock that the government is filled with corrupt politicians , but his response isn't a fix. Instead, he said, he's adding to the problem. He won't "abide by a code of principles which immunize the government's vulnerability to the interests of the rich," he wrote. And he's made the notion of "'selling out' become obsolete.'" Read more here.NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The retail market in indonesia size is estimated to grow by USD 49.56 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.73% during the forecast period. Expansion of retail landscape is driving market growth, with a trend towards growing preference for local brands. However, underdeveloped infrastructure poses a challenge. Key market players include Adidas AG, Apple Inc., Authentic Brands Group LLC, Decathlon SA, Inter IKEA Holding BV, Levi Strauss and Co., LG Electronics Inc., Marks and Spencer Group plc, Nike Inc., Panasonic Holdings Corp., PT FUJITA Indonesia, PT Hino Motors Manufacturing Indonesia, PT Siantar Top Tbk, PT Sumber Alfaria Trijaya Tbk, PT. Indomarco Prismatama, PT Mitra Adiperkasa Tbk, PT Ramayana Lestari Sentosa Tbk, PT. SGMW Motor Indonesia, Samsung Electronics Co. Ltd., and Sony Group Corp.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver The retail market in Indonesia is witnessing significant trends shaped by modern spending habits and the increasing use of digital technology. Physical distribution channels continue to dominate consumption, but prices, credit cost, and employment are key concerns. Social welfare and household consumption are driving economic growth, with private consumption leading the way. Retail sectors, including goods and services, are seeing increased investment and exports. Modern retail formats like organized retail markets, retail chains, and e-commerce are gaining popularity. Digital technology, social media, and online commerce are transforming media distribution, ride-sharing services, financial services, and customer sentiments. Palm oil, fish, cocoa, coffee, wheat, dairy, and processed food products remain important commodities. E-commerce brands, visual merchandising techniques, inventory management, and economic growth are shaping the retail landscape. Small business owners and entrepreneurs are embracing brand loyalty and eco-friendly practices. Circular retail models, resale, rental, refurbishment, 3D printing, and augmented reality are emerging trends. Cashback, discounts, and special offers continue to attract consumers. The middle class is a significant market segment, with increasing income and demand for product quality and accessibility. Indonesian consumers exhibit strong brand loyalty and a preference for local brands, with 75% of people deciding in advance about their product purchases. Over 65% of Indonesians consistently shop at the same store for food and beverages. Local brands like PT Fujita Indonesia and PT Hino Motors Manufacturing Indonesia, as well as non-expensive foreign brands, meet the needs of Indonesian consumers and offer better value for money. Foreign companies entering the Indonesian market have employed localization and acquisition strategies to gain a foothold. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! • The retail market in Indonesia faces several challenges. Modern spending habits shift towards digital technology and online commerce, impacting physical distribution channels. Consumption patterns are influenced by prices, credit cost, employment, and social welfare. Economic growth, income, and product quality are crucial factors. Indonesia's exports of key commodities like palm oil, fish, cocoa, coffee, wheat, dairy, and processed food products are significant. Ramadan period boosts private consumption. Organized retail market includes retail chains, department stores, boutiques, e-commerce retail, online retail, websites, and mobile apps. Small business owners and entrepreneurs face competition from e-commerce brands and digital technology. Brand loyalty is essential. Economic growth, accessibility, and customer sentiments influence retail trends. Sustainability efforts, circular retail models, and eco-friendly practices are gaining popularity. Cashback, discounts, and special offers are common marketing strategies. Government spending, investment, social media, ride-sharing services, financial services, and media distribution are also shaping the retail landscape. Artificial intelligence (AI) and visual merchandising techniques are used for inventory management and customer engagement. Middle class consumers drive demand for tailor-made products and services. • In Indonesia's retail market, inadequate infrastructure and network services pose significant challenges for exporters and investors. Traditional warungs and minimarts remain popular among consumers, necessitating extensive distribution networks for business growth. Innovations, particularly in packaging, are crucial due to limited and competitive shelf space. The country's population is dispersed across numerous islands, making underdeveloped connectivity a barrier to consumer access to various goods and services. Companies must navigate these complexities to succeed in Indonesia's retail sector. Discover how AI is revolutionizing market trends- Get your access now! This retail market in Indonesia report extensively covers market segmentation by 1.1 Offline 1.2 Online 2.1 Food and beverages 2.2 Electrical and electronics 2.3 Apparel and footwear 2.4 Home improvement and household products 2.5 Others 3.1 APAC 1.1 Offline- Convenience stores in Indonesia are small retail outlets providing everyday essentials, including groceries, snacks, personal care items, and alcohol (if licensed). They are often located near highways or busy urban areas. Department stores offer a wide range of consumer goods, from clothing to electronics. Drug stores and pharmacies sell medicines and health products, typically open 24 hours. In 2021, Boots UK opened its first franchise store in Indonesia . Supermarkets are larger self-service stores with a wide variety of household products, food, and medicines. Hypermarkets combine supermarkets and convenience stores, focusing on high volume, low-margin sales. Retailers faced challenges in 2020 due to shipping issues, offering free or discounted shipping and clearing stocks. Unorganized vendors pose a threat, but their sales declined in 2021, benefiting established retailers. Preventive measures ensured safe shopping experiences, and online shopping habits reduced foot traffic to offline stores, leading to moderate retail market growth. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics The retail market in Indonesia is experiencing significant growth, driven by rising household purchasing power and modern spending habits. With a population of over 270 million people, the country's consumption is a major contributor to the economy. Prices for essential commodities such as palm oil, fish, cocoa, coffee, wheat, and dairy have seen fluctuations, impacting the retail sector. Credit costs and employment levels are important factors influencing consumer spending. The government's social welfare programs and investment in infrastructure have boosted private consumption. Digital technology, social media, online commerce, media distribution, ride-sharing services, and financial services are transforming the retail landscape. Middle-class consumers are driving demand for a wider range of products and services. The retail industry's future looks promising, with exports and government spending expected to further fuel growth. The retail market in Indonesia is witnessing significant changes due to modern spending habits and the increasing adoption of digital technology. Consumption patterns are shifting towards private and household consumption, driven by economic growth and rising income levels. Prices remain a crucial factor, with credit costs and social welfare playing essential roles in shaping purchasing decisions. Physical distribution channels continue to dominate, but online commerce and ride-sharing services are gaining popularity. Modern retail formats, including retail chains, department stores, boutiques, and e-commerce retail, are transforming the market. Digital technology, social media, and online marketplaces are revolutionizing the way businesses reach customers and manage inventory. Key sectors, such as palm oil, fish, cocoa, coffee, wheat, dairy, and processed food products, continue to drive the retail market. The Ramadan period sees in demand for these goods. The organized retail market, including e-commerce and brick-and-mortar stores, is expected to grow, driven by middle-class consumers and entrepreneurs. Brand loyalty is crucial, with e-commerce brands leveraging artificial intelligence (AI) and visual merchandising techniques to attract customers. Eco-friendly practices and sustainability efforts are becoming essential as consumers demand more circular retail models. Resale, rental, refurbishment, 3D printing, and augmented reality are emerging trends. Cashback, discounts, and special offers remain popular promotional strategies. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Distribution Channel Offline Online Product Food And Beverages Electrical And Electronics Apparel And Footwear Home Improvement And Household Products Others Geography APAC 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
Jeopardy! fans fume ‘torturous’ celebrity cameos are making the show ‘miserable’ to watch & slam today’s game as a ‘dud’