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Price, not volume, driving Australian retail sales growth

Inside Retail

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. per cent.”.

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Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

Retail chain results for the latest financial year indicate spectacular growth in online sales and, in many instances, a dip in the average sales per store. Drawing on Australian Bureau of Statistics data, Australia Post reported that online sales claimed 16.3 billion in online sales. per cent represented $52.1

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The direct-to-consumer shift: Here’s how brands can capitalise on the boom

Inside Retail

We are witnessing rapid growth in direct-to-consumer (D2C) sales by brands. Prominent examples include PepsiCo, which has launched two direct-to-consumer websites selling pantry staples and snacks, and Heinz, which now sells bundles of products from its “Heinz to Home” websites in several countries including Australia.

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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. To start with the gaming business, the regulatory environment, consumer behaviour and wagering competition is dramatically different to the glory days between 1999 and 2006.

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Early Shoppers Fuel 8.5% Jump in Holiday Retail Sales

VMS

The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. Consumers splurged throughout the season, with apparel and department stores experiencing strong growth as shoppers sought to put their best dressed foot forward.”. percent in 2019. . +

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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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Is China rising again? International retailers deliver mixed results

Inside Retail

Worse, Carrefour’s exit is as messy as it gets because of a running legal battle with Suning, which has allegedly reneged on payments that were part of a deal to take over Carrefour’s China business in 2019. To back it up, retail sales in China rose sharply in November, by 10.1 per cent sales growth compared with 8.0