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Black Friday boosts Australia’s November retail sales

Inside Retail

Australian retail sales saw significant year-on-year increase in November, largely attributed to the Black Friday sales. “The popularity of Black Friday sales continues to grow with promotional activity now stretching across the entire month of November, not just solely focused on the Black Friday weekend.”

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Retail sales increase 4.6 per cent in December

Inside Retail

Retail sales improved 4.6 per cent as sales totalled $6.14 Other retailing, which includes recreational, sporting goods and cosmetics, went up 5.6 billion, while food sales grew 3.5 billion, and department stores jumped 1.6 ” WA posted the highest sales growth of 6.3 per cent to $5.76

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Retail sales grow in May amid early EOFY promotions

Inside Retail

Australian retail sales slightly rose year over year in May as shoppers took advantage of early end-of-financial-year (EOFY) promotions and sales events. Australian Bureau of Statistics (ABS) data showed that retail sales totaled $35.94 Food retail sales grew 3.0 billion during the month.

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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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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.

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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.