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Christmas retail sales tipped to top $60 billion

Inside Retail

Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Covering the pre and post-Christmas shopping periods, that figure would represent a 3.9 per cent increase over last year.

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“Very few small shops left”: Biome founder on the plight of small retailers

Inside Retail

Cost of living, combined with rising interest rates, have hit back-pockets, with consumers looking to restrict spending where possible. All of this has had a damaging effect on retail sales, which have been subdued in recent months. There’s very few small shops left, and Myer has just closed down in Brisbane’s CBD.”

Shopping 242
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Key trends that will help retailers respond to growing consumer confidence

Retail Focus

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. .

Consumer 211
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Aptos survey: 88% of Gen Z shoppers in UK plan to visit a physical store this Golden Quarter

Retail Focus

Aptos , a leader in unified commerce solutions, today announced the findings of its 2023 Golden Quarter Consumer Survey. As this demographic gets older and gains more disposable income, they have become a key audience for retailers to engage. Currently, Gen Z is recognised as ages 11 through 26.

Planning 173
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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.

Gifts 264
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Training retail sales teams? Here’s why face-to-face won’t cut it anymore

Inside Retail

We understand that organising training can be time consuming… But, delivering training online can take the hassle out of planning staff training. Training your team with a Learning Management System means that you can push training out to your team in just a matter of clicks. The post Training retail sales teams?

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The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Elijah Etri, Skippy’s Fresh Frootz manager at Victoria Point, Queensland, has started a new Tiktok challenge, encouraging viewers to head into their local supermarket and check the prices of comparable produce and products. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.

Strategy 263