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Retail sales crept up in January, ABS data shows

Inside Retail

Australian retail sales inched higher in January, with food-related spending leading the growth. Australian Bureau of Statistics data showed that January retail sales rose 1.1 ‘Other’ retailing sales climbed 2.8 Cafes, restaurants, and takeaway sales grew 2.5 per cent annually to $5.53

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Australian retail sales surged 7.5 per cent in January – ABS

Inside Retail

Australian retail sales in January surged 7.5 per cent over December, reflecting a strong post-Christmas sale season. Ben Dorber, head of retail statistics with the Australian Bureau of Statistics (ABS), said January’s rise followed a 4 per cent month-on-month fall in December and 1.7 per cent year on year – and 1.9

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E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . per cent of retail spending in the country during the last financial year, e-commerce’s share of wallet is significant. . Representing 19.3 Desktop and tablet.

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What the cost-of-living crunch means for Black Friday

Inside Retail

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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Retail in 2024: Adaptation and Opportunities in an Ever-Changing Environment

CAAD

The retail industry is undergoing a transformation in the first half of 2024, addressing challenges that demand agile adaptation to new trends , especially since the COVID-19 pandemic. growth in retail sales , the highest increase recorded in the European Union.

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Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. CBRE said events and the return of international students and tourists as well as a return of office workers would be positive drivers for CBD retail sales in the year ahead. per cent to 13.9

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Amazon Australia maintains pace

Inside Retail

Pattern Australia has released its fourth annual report on consumer considerations and e-commerce. DTC is also a big winner with most consumers anticipating they will spend more online via a brand’s own digital channels. . 44 per cent of e-commerce consumers are planning to spend more on marketplaces in 2022.

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