Inside Retail

OCTOBER 29, 2023

Retail sales rose 2 per cent year on year to $35.87 The data prompted both the Australian Retailers Association (ARA) and the National Retail Association (NRA) to urge the Reserve Bank of Australia to keep the current interest rates to encourage more consumer spending. per cent higher to $3.02

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Inside Retail

SEPTEMBER 27, 2023

Australian retail sales were up only 1.5 The growth was largely driven by sales from the cafes, restaurants, and takeaway industry, which rose 8 per cent, followed by food with a 3.5 Clothing, footwear and accessories rebounded from a decline in July, up 1.4 per cent year over year to $35.4 per cent increase.

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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 Sales of household goods rose at 0.4 per cent while other retailing registered a 1.5 On a state basis, NSW recorded the largest retail turnover of 1.6

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Inside Retail

JANUARY 8, 2024

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. Clothing, footwear, and accessories, however, fell 0.1 per cent as sales value hit $689 million.

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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 per cent and clothing, footwear and accessories at 6.2 Other retail spending grew by 3.2

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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

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

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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Inside Retail

MAY 3, 2023

Retail spending rose 5.4 per cent year-on-year in March as consumers spent more than $35.3 Cafes, restaurants and takeaway sales were up 17 per cent followed by food sales at 8.6 per cent, department store sales at 4.7 per cent and clothing, footwear and accessories sales at 3.6 per cent year-on-year.

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Inside Retail

FEBRUARY 27, 2022

Retail sales surged by 6.4 Sales of clothing, footwear and personal accessories also recorded a 7 per cent year-on-year increase, while sales by restaurants, cafes and takeaway services rose by 6.2 Food retailing recorded the largest monthly increase since last July, up by 4.5 Here, sales rose by 8.3

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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. The gains were led by clothing, footwear, and personal accessories, which soared by 43.1 per cent. . billion ($23.99

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Inside Retail

APRIL 18, 2023

Australian consumers forked out $8.1 million over the Easter trading period, according to Westpac DataX research, reported in conjunction with the Australian Retailers Association (ARA). This year’s Easter sales were driven by food retailing contributing $3.6 Sales from cafes, restaurants, and of takeaways rose 4.6

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Inside Retail

AUGUST 27, 2023

Retail spending grew 2.1 per cent year-on-year in July as consumers spent more than $35.3 Food sales (up 4.9 per cent) and cafes, restaurants and takeaway sales (up 9 per cent) bolstered overall retail activity. per cent followed by clothing, footwear and accessories sales down 0.3

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Inside Retail

MAY 25, 2023

Retail spending rose 4.2 per cent year-on-year in April as consumers spent more than $35.2 per cent followed by department store sales at 6.5 per cent and clothing, footwear and accessories sales at 4.9 per cent followed by department store sales at 6.5 Other retailing spending increased by 0.2

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Inside Retail

JUNE 28, 2023

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Australian Retailers Association CEO, Paul Zahra, said sales growth for essentials like food is “largely attributable to inflationary price increases”. Shoppers spent $35.5 per cent, WA at 5.7 per cent, NT at 5.2

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Inside Retail

JULY 30, 2024

Department stores came in second as its sales grew 4.2 Clothing, footwear, and accessories sales jumped 2.2 billion, the same growth rate for cafes, restaurants, and takeaway, with sales reaching $ 5.39 per cent to $ 1.89 billion, followed by food, which increased 3.1 per cent to $14.43 per cent to $5.82

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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 She said that consumers are already making cuts. Rising interest rates hits consumer and business confidence.

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Inside Retail

DECEMBER 29, 2022

per cent, followed by food and grocery retailing, up by a more modest 7.6 Spending on apparel and accessories surged 19.8 But Zahra said the unprecedented pre-Christmas spending did not diminish the spending appetite of Aussies leading into what he described as the year’s “marquee retail savings event”. “It million, up by 14.3

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Inside Retail

AUGUST 29, 2022

Retail spending surged 16.5 per cent in July year-on-year as consumers spent $34.7 However, Australian Retailers Association CEO Paul Zahra cautioned that on-year comparisons were impacted by the Covid-19 Delta lockdowns when businesses in NSW and Victoria were severely restricted. By month, spending was up by 1.3

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Inside Retail

SEPTEMBER 13, 2022

Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. A look at consumer sentiment and spending . Consumer sentiment fell by 3 per cent to 81.2 Retail sales increased by 1.3

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Inside Retail

JANUARY 10, 2023

Retail spending increased 7.7 per cent year on year in November as consumers spent $35.9 per cent boosted by Black Friday sales on clothing, footwear, furniture and electronic goods. per cent increase in sales while department store sales grew by 7.6 per cent and food retailing at 8.4 per cent, WA at 9.1

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Inside Retail

NOVEMBER 27, 2023

. “We implore the new RBA Governor Michele Bullock to hold interest rates in December to give retailers a fighting chance this Christmas. Consumers can expect competitive bargains to ramp up in the 12 days before Christmas as retailers pull out every trick in the book to make up for a flat year of sales.”

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Inside Retail

JULY 27, 2023

Retail spending grew 2.3 per cent year-on-year in June as consumers spent more than $35.1 The most “significant” sales increase was in cafes, restaurants and takeaway services at 8.6 per cent, clothing, footwear and accessories down 1.5 per cent, and ‘other retailing’ at 1.1

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Inside Retail

NOVEMBER 7, 2022

Meanwhile, the gross merchandise value (GMV) of Southeast Asia’s e-commerce market is expected to grow by a CAGR of 17 per cent from US$129 billion in 2022 to US$280 billion in 2027, and the number of digital consumers in the region is expected to grow to 370 million by the end of 2022. Lazada’s Birthday sale is another big draw.

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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., percent rise, while clothing and accessories gained 18.3 The post Retail Sales Up 9.8 percent higher in March, reports the Commerce Department and CNBC.

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Inside Retail

JULY 28, 2022

Retail sales in June registered $34.2 Seasonally adjusted retail sales are still higher at 12 per cent year-on-year, although compared to may they were up by just 0.2 Seasonally adjusted retail sales are still higher at 12 per cent year-on-year, although compared to may they were up by just 0.2 per cent.

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Inside Retail

JULY 10, 2023

Japan’s Ministry of Economy, Trade and Industry (METI) reports that department stores led the retail sales recovery through the first five months of the year. METI says Japan retail sales in the January-May period totaled 66,050 billion yen (about $693 billion at current exchange rates), up 6.0 per cent from a year ago.

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Inside Retail

DECEMBER 4, 2022

The annual Christmas retail trends report from the Australian Consumer and Retail Studies (ACRS) unit of Monash Business School has revealed 55 per cent of shoppers have now started their shopping one or more months in advance while 45 per cent initiated it in the four weeks leading up to Christmas.

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Inside Retail

AUGUST 15, 2021

Established as a denim brand in Italy in 1981, Replay sells a comprehensive range of apparel, accessories and footwear for men, women and children under the Replay, Replay & Sons and We Are Replay brands. “Replay is the first new brand, but we’ll be looking at others along the way.”. Fills a gap. 550 million company.

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Inside Retail

JUNE 22, 2023

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

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Inside Retail

SEPTEMBER 28, 2022

Retail spending increased 19.2 per cent year on year in August as consumers spent $34.9 per cent, driven by increased sales in food-related industries. As we approach the Christmas trading quarter – the most critical time of year on the retail calendar – it’s encouraging to see retail sales maintain their strong momentum.”.

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Inside Retail

NOVEMBER 13, 2024

Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. The emergence of consumer-facing fashion events including PayPal Melbourne Fashion Festival and Melbourne Fashion Week has led some to question the relevance of a closed industry-only event.

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Inside Retail

OCTOBER 2, 2024

“It is quite the milestone, it does mean we’ve officially taken the designer crown of being the longest-running consumer fashion event in Australia,” Matthew Flinn, MFW senior manager, told Inside Retail. Since 2020, MFW has delivered $80 million in economic impact for the city of Melbourne.

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Inside Retail

DECEMBER 13, 2023

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3

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Inside Retail

OCTOBER 31, 2024

Shein and Temu have specialised in offering dresses, accessories and gadgets “that the consumer is less time-sensitive about,” he said. Amazon on Thursday reported a 7 per cent improvement in retail sales in the third quarter. In the second quarter, its retail sales had risen 5 per cent.

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Inside Retail

SEPTEMBER 19, 2023

Top 10 fastest growing retailers Amid the dynamic and competitive retail landscape in 2022, ‘GoTo Gojek Tokopedia PT’ and Singapore’s ‘Sea Ltd’ emerged as standout performers, achieving retail sales growth rates of 44 per cent and 43 per cent, respectively.

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Inside Retail

OCTOBER 2, 2023

Closer to home While much of Premier’s plan for growth is centred overseas, there are still opportunities in its existing markets, Premier Retail’s interim chief executive John Bryce said, despite the growing cost of living in its home market of Australia. As far as the impact of the cost of living on our consumers, it’s valid,” Bryce said.

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