Inside Retail

FEBRUARY 28, 2024

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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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

JULY 28, 2021

Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. 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.

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Inside Retail

AUGUST 2, 2021

Online retail sales accelerated 7.6 per cent in June, following a rebound in May from a down-note in April, according to NAB’s monthly online retail sales index. Given the patterns observed over the past year, it is likely that this result has been strongly influenced by the lockdown period,” Oster said.

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Inside Retail

NOVEMBER 26, 2021

As such, food retailing was the only category to see a sales decrease – a pattern seen as prior lockdowns have ended, as customers begin to move back to eating out. per cent increase in sales, while department stores saw a sales increase of 22.4 The post Sales across Australia jump 4.9

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Inside Retail

MAY 12, 2021

While the retail sector had been a standout in March 2020, as actual spending and spending intentions surged during the early stages of the pandemic, retail spending and spending intentions growth had stabilised in recent months.

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Inside Retail

FEBRUARY 20, 2023

This has been good news for retail spending that is linked to social settings, such as clothing and shoes and department stores. Domestic travel has fully rebounded, with 27.7 million passengers flying domestically in the three months to September 2022. Hospitality has had a resurgence as well.

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