This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Australian retailsales 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.”
Retailsales 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 departmentstores jumped 1.6 ” WA posted the highest sales growth of 6.3 per cent to $5.76
Australian retailsales 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 retailsales totaled $35.94 Food retailsales grew 3.0 billion during the month.
Australian retailsales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. ” Departmentstoresales climbed 3.7 billion, followed by food sales which grew 1.4 ” Departmentstoresales climbed 3.7
In fact, China saw its economy strengthen in November 2020, with retailsales 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.
Black Friday sales pushed Australian retailsales 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. Departmentstores inched 3.3 per cent as sales value hit $689 million. per cent to $36.51
New ABS data has revealed a third consecutive quarter of declining retailsales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retailsales, which have been trending up for much of this year.
Clothing, footwear, and accessories sales were up 4 per cent followed by departmentstoresales 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.
Its economic data analysis will include retailsales at its August meeting with speculation around another increase in interest rates. Retailers are praying for a most unlikely cut to interest rates or, at least, a hold on them at the August board meeting. Departmentstores followed suit with January up 1.7
per cent followed by departmentstores, 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
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 retailsales across all forms of payment. percent in 2019.
So in looking for opportunities above the parapet to adapt and innovate, and to prioritise resources right now, it might be useful to first look at the latest data from the Australian Bureau of Statistics, which tells us clothing, footwear, accessories and departmentstores all experienced a marginal decline in July turnover compared with June 2024.
While the percentage year-on-year growth in sales made through online channels has fallen since the heights achieved during the pandemic, we continue to see a ‘locked-in’ step change in the volume of sales being made online: that means the investments made to expand the utility and reach of this channel continue to be a valuable base for retailers.
This guide will explain visual merchandising and how to use it to promote your products. Visual merchandising is a marketing practice that retailers and consumer products companies use to capture people’s attention so they’re more likely to purchase something. In-Store Shopping Experience. Point-of-Sale Displays.
Experiential retail creates a safe space for new customers to be charmed by what the store offers, and for customers already familiar with the brand to promote their idea of it and solidify their commitment to it. 5 examples of retailers who have implemented the retailtainment concept in their stores.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content