Inside Retail

JANUARY 29, 2024

Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. ” Department store sales climbed 3.7 billion, followed by food sales which grew 1.4 ” Department store sales climbed 3.7 per cent to $1.83

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Inside Retail

JANUARY 8, 2024

Black Friday sales pushed Australian retail sales up by 2.2 billion, which Australian Retailers Association (ARA) CEO Paul Zahra said reflects how consumers prioritise essentials amid a cost-of-living crisis. Clothing, footwear, and accessories, however, fell 0.1 per cent as sales value hit $689 million.

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Inside Retail

JUNE 28, 2023

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 Shoppers spent $35.5 per cent and cafes, restaurants, and takeaway services at 12.7

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Inside Retail

DECEMBER 13, 2023

According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3 billion in retail sales the year before. However, retailers dedicated a high portion of their ranges year-over-year to footwear and outerwear.”

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Inside Retail

JULY 27, 2023

per cent, clothing, footwear and accessories down 1.5 per cent, and ‘other retailing’ at 1.1 Australian Retailers Association CEO Paul Zahra said sales growth for essentials like food “masked an overall decline” in retail spending. Household goods registered the biggest decline of 4.4

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Inside Retail

JUNE 22, 2023

We’re particularly seeing it in areas such as electronics and homewares, and are starting to see it in apparel and accessories.” “As As the consumer tightens their belt further, [we’ll] see a significant period of distress in retail over the next six to 12 months. “It’s fair to say that no one will escape this dilemma,” he said.

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Inside Retail

APRIL 4, 2023

IR: Can you discuss the split between e-commerce and physical retail sales, and whether there are distinct strategies in place for each channel? Do you think the physical locations are or will enhance online sales? The post Why the NBA is going green and opening stores Down Under appeared first on Inside Retail.

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