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Taylor Swift’s concerts help boost February retail sales

Inside Retail

Taylor Swift’s The Eras Tour concert helped drive retail sales to a modest increase in February, according to the Australian Bureau of Statistics. February retail spending totalled $35.8 “Looking past the temporary and one-off impact of the Taylor Swift concerts, underlying growth in retail turnover was up only 0.1

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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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Retail sales slightly up in December as shoppers shifted spend to Black Friday

Inside Retail

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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Australian retail sales witness modest growth in September

Inside Retail

Retail sales rose 2 per cent year on year to $35.87 The data prompted both the Australian Retailers Association (ARA) and the National Retail Association (NRA) to urge the Reserve Bank of Australia to keep the current interest rates to encourage more consumer spending. billion, while department store sales went up 1.3

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Australian retail sales record modest growth in August 

Inside Retail

Australian retail sales were up only 1.5 The growth was largely driven by sales from the cafes, restaurants, and takeaway industry, which rose 8 per cent, followed by food with a 3.5 Clothing, footwear and accessories rebounded from a decline in July, up 1.4 per cent year over year to $35.4 per cent increase.

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Interest-rate rise killed Australian retail sales growth in November

Inside Retail

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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Retail sales surge in February – but how much is inflation?

Inside Retail

per cent followed by food sales at 7.9 per cent and clothing, footwear and accessories at 6.2 Other retail spending grew by 3.2 per cent while sales of household goods fell by 2.3 Australian Retailers Association (ARA) CEO Paul Zahra said spending growth over the past few months has “gradually softened”.