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Christmas retail sales tipped to top $60 billion

Inside Retail

Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Meanwhile, the Australia Retail Association (ARA) says Australian retail sales increased 12.9

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What China’s latest retail sales reveal about changing consumer spending

Inside Retail

Reporting by the business media of retail sales and other economic data produced by governments in developing Asia is often too trusting. Officially then, China’s retail sales rose by 4.7 per cent in the first quarter, with consumer goods up 3.1 The online share of total retail sales is now 23 per cent.

Insiders

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Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

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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Consumer demand drives automation solutions in Australian supply chains

Inside Retail

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

Consumer 246
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Supply and demand: Where the retail property market is headed

Inside Retail

Add to that a natural increase (births minus deaths) of just over 200,000 over the same period and you have a material population gain to support retail sales growth. Even as immigration slows under political pressure to reduce numbers, retail industry professionals have reason to remain optimistic.

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Key trends that will help retailers respond to growing consumer confidence

Retail Focus

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. .

Consumer 211
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Ramadan shopping trends unpacked: What retailers need to know

Inside Retail

Ramadan continues to be a crucial shopping period across Southeast Asia, with evolving consumer behaviours and market dynamics shaping the retail landscape. Growing demand has led some retailers to operate 24 hours a day to accommodate changing consumption patterns. This year, Ramadan began on February 28 and ends on March 30.

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