Australians set records for pre- and post-Christmas retail spending
Inside Retail
DECEMBER 29, 2022
Department stores and the foodservice sector drove “unprecedented” Boxing Day sales growth across Australia according to data from the Australian Retailers Association and Westpac DataX. And the ARA says the data shows pre-Christmas spending hit a record $74.5 billion – 8.6 per cent ahead of last year, a figure that “defied all expectations”. “This is without a doubt, the biggest festive season spend on record – it is unprecedented,” said ARA chief Paul Zahra.
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