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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 Search engines.

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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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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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March spending intentions surge amid Australia’s economic rebound

Inside Retail

Australian households’ spending intentions for travel, entertainment and home-buying jumped in March 2021 as the economy extended its recovery from the COVID pandemic, the Commonwealth Bank Household Spending Intentions (HSI) series showed. A new source of insights for consumer-facing businesses.

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

Inside Retail

Corbett, Mathieson and Wavish can all take credit for the development of the Woolworths liquor and gaming operations that were renamed Endeavour Group, and later demerged and floated on the Australian Securities Exchange in 2021. Endeavour Group’s sales for the latest financial year were up 2.5 Sales have increased by around $1.5

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Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces. Australian digital sales reached record levels during Covid-19, with lockdowns driving consumers online in greater volumes than ever before.