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Australia’s retail sales growth can’t last. Here’s how to prepare for it

Inside Retail

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 But clothing, footwear and accessories are up 2 per cent, food retailers are up 1 per cent while cafes and restaurants are also enjoying a 1.3 per cent bump.

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Australian retail sales are looking strong

Inside Retail

Australian retail sales reached a record high in the last three months of 2021. This was due to relaxed virus restrictions and end-of-year holiday shopping, which underpins a robust economic recovery. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales.

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Australian Easter spending rise lags inflation

Inside Retail

This year’s Easter sales were driven by food retailing contributing $3.6 Sales from cafes, restaurants, and of takeaways rose 4.6 per cent, followed by other retailing at 3.9 per cent and clothes, footwear and personal accessories at 2.8 Department-store sales were strong with 7.4 billion – up 8.6

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‘Unavoidable’ price increases drive retail spending growth in July

Inside Retail

Meanwhile, other categories recorded “negative sales for the second consecutive month” with household goods down 4.9 per cent followed by clothing, footwear and accessories sales down 0.3 per cent and department stores sales slipping by 0.05

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Australians set records for pre- and post-Christmas retail spending

Inside Retail

per cent, followed by food and grocery retailing, up by a more modest 7.6 Spending on apparel and accessories surged 19.8 Boxing Day has once again cemented its status as the Grand Final of Australia’s favorite sport, shopping.”. Spending on household goods accounted for the highest share on Boxing Day, reaching $314.76

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How, where and what shoppers are buying in the final week before Christmas

Inside Retail

How will consumers be spending their dollars in the week leading up to Christmas, what are retailers doing to entice consumers in-store and which retailers will benefit from this? These are pressing questions that many in the industry will be asking themselves in the final few big shopping days of the year.

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Monash survey predicts Australian retail Christmas trends

Inside Retail

To combat rising inflation and cost of living pressures, Australian shoppers have commenced their Christmas shopping months earlier, according to a new study. The report has also found that 90 per cent of shoppers will be buying gifts for their family, 35 per cent for friends and 30 per cent for their extended family.

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