Inside Retail

SEPTEMBER 6, 2022

Australian retail sales are on the rise – but new research suggests growth is being driven by inflation, not by consumers buying more. On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens.

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Inside Retail

JUNE 28, 2022

Seasonally adjusted Australian retail sales grew in May by 10.4 Sales of household goods rose at 0.4 per cent while other retailing registered a 1.5 “The high sales volumes can be partially attributed to the higher consumer prices we’re seeing across the economy, particularly in the food industries.

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Inside Retail

MARCH 27, 2023

Spending in food-related industries grew steadily in February however non-food industry sectors yielded a mixed result as consumers refrained from making “discretionary” spending. per cent followed by food sales at 7.9 Further reading: Australian retail sales surged 7.5 appeared first on Inside Retail.

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Inside Retail

NOVEMBER 8, 2022

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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Inside Retail

FEBRUARY 27, 2023

Australian retail sales in January surged 7.5 per cent over December, reflecting a strong post-Christmas sale season. Ben Dorber, head of retail statistics with the Australian Bureau of Statistics (ABS), said January’s rise followed a 4 per cent month-on-month fall in December and 1.7 per cent year on year – and 1.9

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Inside Retail

JANUARY 17, 2023

Despite inflationary pressures and rising living costs, retail spending increased 1.7 per cent in December, according to the Mastercard SpendingPulse report, released by the Australian Retailers Association. Consumers spending on apparel rose by 6.7 Further reading: Black Friday sales boosted retail spending in November.

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Inside Retail

FEBRUARY 20, 2022

The Omicron outbreak has failed to dampen retail sales despite initial concerns about foot traffic and staff constraints during the early part of January according to ARA CEO Paul Zahra. . per-cent year-on-year increase in retail sales across the country in January and a 14.4-per-cent per cent, followed by apparel, up 8.5

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Inside Retail

JANUARY 31, 2022

Trading conditions worsened in December due to the beginning of the Omicron wave rapidly spreading across the country, pushing consumers to be more cautious. Retail sales were still elevated compared to pre-pandemic levels, with December’s monthly turnover now at the second-highest level in the following month’s record.

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Inside Retail

APRIL 20, 2021

Retail sales rose 1.4 Victoria and Western Australia led the rises, after Covid-19 lockdowns impacted retail sales in February 2021,” James said. . “The vaccination rollout is now imperative to boosting consumer confidence and safety. Turnover rose 2.3

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Inside Retail

MAY 3, 2022

Australian retail sales surged 9.4 per cent in March compared with the same month last year as the impact of Omicron on consumer shopping behaviour wore off. Month on month, sales were up 1.6 And the volume of retail sales reached a record $33.6 And the volume of retail sales reached a record $33.6

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Inside Retail

AUGUST 29, 2022

Australian retail sales reached a record high in the last three months of 2021. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales. Retail sales in NSW & Victoria rose by 15.3 What are the implications of the strong retail sales data?

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Inside Retail

JUNE 19, 2022

Retailers face challenges of consumers shifting toward value purchases, squeezed margins and rising business costs. He expects retail sales by volume will increase by an average of only 1.1 per cent for retail price growth. . Those sectors, predicts Deloitte, will drive double-digit sales growth 5.5

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Inside Retail

AUGUST 1, 2023

French-founded and Australian-owned skin and beauty retailer Ella Bache has powered through almost 70 years of ups and downs. And with the recent slowdown in consumer spending and rising cost of doing business, that experience is proving invaluable. Changing spend Ella Bache is no stranger to this.

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VMS

JANUARY 19, 2023

The bureau also found that retail sales for 2022 were up 9.2 Even when adjusting for inflation, which was roughly flat month-over-month in December, sales dropped,” Principal Economist Eric Lundh of the nonprofit think-tank The Conference Board wrote in his analysis of the bureau’s figures. percent in real retail sales.”

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Inside Retail

MAY 9, 2023

New data from Colliers shows luxury retail and fine-dining services across Australian CBDs continue to perform well despite rising living costs. According to Colliers’ research, Australian consumers have spent 27 per cent on dining and restaurant services in the year’s first quarter. million of the population.

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Inside Retail

NOVEMBER 27, 2022

Retail spending increased 12.5 per cent in October as consumers spent $35 billion both in-store and online according to new data from the Australian Bureau of Statistics (ABS). While year-on-year sales growth was strong, retail turnover fell by a marginal 0.2 Clothing, footwear and personal accessories sales were up 32.8

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VMS

AUGUST 17, 2021

Retail sales reportedly declined 1.1 Book stores, Musical instrument and sporting goods stores had a sales decrease of 1.9 Car and motor vehicle parts dealers’ sales fell 3.9 Online sales also had a decline of 3.1 percent increase in sales from this time a year ago. percent, reports CNBC. percent dip.

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Inside Retail

AUGUST 17, 2022

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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VMS

JUNE 17, 2021

retail sales dipped 1.3 percent last month as the effect of the stimulus checks on consumer spending fades, reports CNN. The automotive sector was to blame for much of those losses as car sales dropped 3.7 Without auto sales, May numbers would be down 0.7 percent according to the U.S. Census Bureau. The post U.S.

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Inside Retail

DECEMBER 10, 2023

But we’ve learned in recent years from the growth of Black Friday sales, that in more and more categories, you don’t have to give up convenience to get the best price. Especially for consumer durables, the organised shopper can have their preferred (low) price and get it delivered to the door too. per cent compared to last year.

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VMS

NOVEMBER 17, 2021

Retail enjoyed a boost in sales in October as Americans began their holiday shopping early to avoid pandemic-related supply chain issues, reports the National Retail Federation (NRF). Overall retail sales were up 1.7 Overall retail sales were up 1.7 percent year over year. percent year over year.

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Inside Retail

SEPTEMBER 25, 2021

The current Covid-accelerated e-commerce era has pitched Australian retailers in direct competition with each other not only within Australia, but with suppliers from all around the world. According to the NAB Online Retail Sales Index, Australians spent $48.1 billion on online retail in the 12 months to May 2021, around 13.2

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VMS

JULY 27, 2021

retail sales dipped in July after hitting their highest level in nearly three years in June, reports Reuters. The Confederation of British Industry defied economists’ expectations that sales would drop more drastically this month. Retail Sales Down Slightly in July appeared first on Visual Merchandising and Store Design.

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Inside Retail

OCTOBER 13, 2021

Australian retail spending should get “a good kick along” in October and November, according to the economics group of NAB, releasing the September edition of its Cashless Retail Sales Index. The post Retail sector can expect a consumer rebound through November – NAB appeared first on Inside Retail.

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Retail Bound

MAY 9, 2023

Retail-specific influencers play a significant role in promoting products and driving sales for brands at specific retailers. Additionally, influencer campaigns can be a useful tool to help increase your audience reach and consumer product education, so they are informed prior to shopping.

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VMS

JUNE 28, 2021

This was the latest sign that the success of the vaccination program is feeding through to stronger consumer confidence which, along with the re-opening of hospitality, is encouraging shoppers back onto the streets,” said Ben Jones, CBI Principal Economist. The post U.K.

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Retail Focus

MARCH 29, 2022

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. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

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Inside Retail

OCTOBER 13, 2022

Prepared in collaboration with Roy Morgan and Salesforce, the research says festive spending will likely kickstart earlier in Australia and New Zealand, meaning 33 per cent of holiday sales are expected to occur in the first three weeks of November. On a state basis, SA will lead this year’s retail sales growth up 6.6

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Retail Bound

NOVEMBER 28, 2023

In this blog, we’ll explore how product videos can benefit retail sales and why they should be an integral part of any brand’s marketing strategy. This, in turn, can help to increase customer loyalty and drive repeat sales. This not only builds trust with customers but also increases the chances of making a sale.

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VMS

JUNE 10, 2021

The National Retail Federation (NRF; Washington, D.C.) revised its annual forecast for 2021, predicting retail sales will exceed $4.44 Revealed during the association’s “State of Retail and the Consumer” event, the prediction exceeds NRF’s original projection of 6.5 The post NRF: Retail Sales to Surpass $4.44

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VMS

NOVEMBER 17, 2021

stocks closed higher yesterday on news that retail sales increased in October, indicating strong consumer confidence and signaling a healthy holiday season, reports Reuters. Walmart also raised its annual sales and profit forecasts, and Target, Macy’s and Kohl’s will report earnings later this week. The post U.S.

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VMS

APRIL 15, 2021

Retail sales are up 9.8 Between consumers receiving their $1400 government issued stimulus checks and retail reopening throughout the U.S., The post Retail Sales Up 9.8 percent higher in March, reports the Commerce Department and CNBC. economists were already anticipating a gain of at least 6.1

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Inside Retail

NOVEMBER 11, 2021

We are witnessing rapid growth in direct-to-consumer (D2C) sales by brands. Prominent examples include PepsiCo, which has launched two direct-to-consumer websites selling pantry staples and snacks, and Heinz, which now sells bundles of products from its “Heinz to Home” websites in several countries including Australia.

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Inside Retail

OCTOBER 11, 2021

Retail chain results for the latest financial year indicate spectacular growth in online sales and, in many instances, a dip in the average sales per store. Drawing on Australian Bureau of Statistics data, Australia Post reported that online sales claimed 16.3 billion in online sales. A tough road ahead.

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Inside Retail

JUNE 22, 2021

We understand that organising training can be time consuming… But, delivering training online can take the hassle out of planning staff training. The post Training retail sales teams? Here’s why face-to-face won’t cut it anymore appeared first on Inside Retail.

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Inside Retail

AUGUST 3, 2023

New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year.

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VMS

MAY 17, 2021

Retail sales in April remained flat during the past month, but showed dramatic growth year-over-year when compared to April 2020, according to a National Retail Federation press release. “In Consumers are demonstrating that when they feel safe, they are both willing and able to spend and are driving the economy forward.”.

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