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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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Australian retail sales witness modest growth in September

Inside Retail

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. billion, while department store sales went up 1.3

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Retail sales increase 4.6 per cent in December

Inside Retail

Retail sales improved 4.6 Australian Bureau of Statistics (ABS) data showed that household goods saw the highest growth rate of 7.1 per cent as sales totalled $6.14 Other retailing, which includes recreational, sporting goods and cosmetics, went up 5.6 The post Retail sales increase 4.6

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Vicinity Centres posts highest occupancy rate since 2019

Inside Retail

Total portfolio retail sales grew 1.5 per cent, largely driven by food, sporting goods, cosmetics, and retail services. “In In the context of softening retail sales growth, notably in 2Q FY24, we are particularly pleased with the strong operating metrics delivered in the first half,” Huddle continued.

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Retail Sales Saw July Decline

VMS

Retail sales reportedly declined 1.1 Book stores, Musical instrument and sporting goods stores had a sales decrease of 1.9 Car and motor vehicle parts dealers’ sales fell 3.9 Online sales also had a decline of 3.1 percent increase in sales from this time a year ago. percent, reports CNBC.

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Retail Sales Up 9.8 Percent Higher in March

VMS

Retail sales are up 9.8 Between consumers receiving their $1400 government issued stimulus checks and retail reopening throughout the U.S., Food and beverage, clothing and sporting goods were the main categories driving spending. percent and sporting goods raked in a gain of 23.5

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Can innovation help Nike maintain its market dominance?

Inside Retail

China retail sales rise in promotional environment China, as usual, remains a competitive battlefield for Nike with upstart local brands sneaking up on Nike’s market leadership and the subject of Friend’s doleful comment about a significant weakening in foot traffic. per cent, including 3.7 per cent in May on a year-on-year basis.

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