Pre-Christmas sales forecast to reach $63.9b as consumers trim household budgets to pay for Christmas splurge
According to new research released today by the National Retail Association (NRA), Australian consumers are cutting back on luxury goods and services, looking for bargains and switching to cheaper brands...
Retail sales continued to perform well in February according to ABS figures
Retail sales continue to track well according to the latest figures (February 2022) of the monthly ABS Retail Trade data indicating that the overall month-on-month (m-o-m) estimate increased by 1.8%,...
Robust December retail sales but signs of an Omicron slowdown
The latest release (December 2021) of the monthly ABS Retail Trade data indicates that the overall month-on-month estimate decreased by 4.4%, down by 7.3% from a particularly strong November 2021....
Australian retail turnover falls 1.7% in August while consumer sentiment remains high
Australian retail turnover fell 1.7% in August 2021, seasonally adjusted, according to the Retail Trade figures released by the Australian Bureau of Statistics (ABS). This third consecutive monthly fall in...
Aussie’s are still wanting to chase the thrill of a sale this EOFY
Shopper Media today released its EOFY Shopper Study findings, which reveal more than half (57%) of Australian shoppers are planning on snapping up a bargain in the end of financial year sales,...
McKinsey’s latest report ‘The Story of the Australian Consumer’
Research powerhouse McKinsey have released a series of reports about ‘The Story of the Australian Consumer’ – exploring the unique impact the COVID-19 pandemic has had on Australian consumer sentiment,...
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