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Retail sales slightly up in December as shoppers shifted spend to Black Friday

Inside Retail

Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. ” Department store sales climbed 3.7 billion, followed by food sales which grew 1.4 ” Department store sales climbed 3.7

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Interest-rate rise killed Australian retail sales growth in November

Inside Retail

Black Friday sales pushed Australian retail sales up by 2.2 billion, which Australian Retailers Association (ARA) CEO Paul Zahra said reflects how consumers prioritise essentials amid a cost-of-living crisis. Department stores inched 3.3 per cent as sales value hit $689 million. per cent to $36.51

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Australia’s retail ‘recession’ runs to three consecutive quarters

Inside Retail

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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Mother’s Day, inflation underpin Australian retail spending growth

Inside Retail

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 per cent while household goods fell by 4.4 per cent, the ABS said. per cent.

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Early Shoppers Fuel 8.5% Jump in Holiday Retail Sales

VMS

A surge in early shopping got retailers off to a strong start this holiday season, spurring 8.5 Notably, online sales jumped 11 percent compared to the same period last year. The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. percent in 2019.

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As food prices soar, retailers face a discretionary spending downturn

Inside Retail

per cent followed by department stores, down 2.1 per cent, and ‘other retailing’ at 1.1 Australian Retailers Association CEO Paul Zahra said sales growth for essentials like food “masked an overall decline” in retail spending. Household goods registered the biggest decline of 4.4

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

In fact, China saw its economy strengthen in November 2020, with retail sales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth. You can download it here.