Sales
Until the arrival of large and mid-range international retailers such as Zara, Topshop and more recently, Sephora, there was an affordability gulf protecting Australia’s own mid-market brands.
Released as the traditional two-month holiday spending period comes to an end, the real-time data reveals that online sales during this time have gone up by over 20 per cent from the 2013-14 season.
Retail turnover saw a small rise in November, according to the latest Retail Trade figures released by the Australian Bureau of Statistics (ABS).
Sydney retailers are able to trade 24-hours-a-day from today until Christmas, thanks to a landmark decision by the NSW Government.
In the midst of the peak retail period for the year, the news that consumer sentiment has fallen for the ninth straight month could not come at a worse time.
The future online market is about attracting users by tapping into their consciousness through psychological user experiences and emotional factors in order to push them towards purchase lifecycles.
The Australian Bureau of Statistics (ABS) has today released the final Retail Trade figures before Christmas, revealing a 0.4 per cent rise in retail turnover during the month of October.
Faulty building products and materials are being eyed by the Coalition Government in an effort to protect Australians from the rise in non-conforming products entering the market.
The average Australian is expected to spend an extra $1,079 this coming festive season, according to new research from CommBank.
The majority of Australians consider the price of an appliance as the number one priority before buying, according to findings released by Roy Morgan Research.
Consumer sentiment has experienced its longest run of pessimism since the Global Financial Crisis and, before that, the early 1990s recession, according to the Westpac monthly sentiment index.
55 per cent of shoppers admitted to in-store browsing before buying from online competitors, highlighting the need for retailers to offer goods and services on various platforms.
76 per cent of SMEs are expecting customer demand to rise or stay the same this Christmas, according to the Commonwealth Bank’s biannual SME Confidence Report released today.
The Australian Retailers Association (ARA) is expecting shoppers to spend $45 billion during this year’s pre-Christmas period.
The latest Retail Trade figures have been released by the Australian Bureau of Statistics, revealing a turnover rise of 1.2 per cent in September 2014.
While it may be hailed as the “race that stops a nation”, a new survey suggests the Melbourne Cup imposes a productivity cost of more than $1bn on the Australian economy.
For those who have long desired to make their own pizza toppings, there is a new mobile application allowing customers to design and market new pizzas while keeping a slice of the profits.
Tax experts and small business advocates have urged that any increase to the rate or base of the GST be accompanied by other tax changes that will help ease the burden on SMEs.
Pressure is mounting on the government to further tighten competition policy by allowing courts to order companies found to be in breach of consumer law to reduce their market share.
A majority of business owners want the government to develop policies to bolster industry in sectors where Australia has a competitive advantage, a new study suggests.
