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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 Desktop and tablet.

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

Inside Retail

That timeframe coincided with Corbett’s tenure as CEO and they were a successful team, leveraging the Dan Murphy’s liquor chain acquired by Woolworths in 1998 to national market leader. However, he may not know it as well as they believe, given significant changes in the market. Sales have increased by around $1.5

Expansion 246
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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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2023 economy: growth rate slows as regulators battle inflation

Inside Retail

For consumers, there is a very strong desire to get out and enjoy life. per cent in September 2022 only slightly above 2019 levels and well down from the 2020 high of about 24 per cent, suggesting that the amount of dry powder in consumers wallets is declining. The impact of higher interest rates on the housing market is apparent.

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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.

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Is China retail on the brink or on the mend?

Inside Retail

Global retailers, as opposed to those operating in a limited geographic space, are in the enviable position of being able to offset weakness in one area with strength in another. Now, those retailers are having to modify their expectations. Sales up and inflation non-existent On the surface at least, things are by no means dire.

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