Small online retailers represent 37% of total online retail sales over the past 12 months, according to a report by Quantium. Though growth rates vary month-to-month, small online retail spending is trending much higher than past periods, tracking an estimated 22.2% higher than a year ago. These retailers are primarily based in Personal & Recreational, […]
I know that you are all operating at a frantic pace in the days leading up to Christmas and I have been pleased to see the increase in foot traffic throughout the nation as I travel around. Since my appointment as NRA CEO in July this year, I have greatly enjoyed the opportunity to represent […]
Online shopping is not, it seems, the exclusive domain of teenagers and Gen Y, according to a report by Quantium. Online spending is dominated by the 35 to 44 year old market Although those aged 35-44 make up approximately 17.2% of the adult population, their share of online spend is the highest at 24.2%. This is closely followed […]
According to a report by Quantium, homewares, groceries, media, and fashion continue to dominate total spend of online retail, but the fastest growth is in takeaway food. Share of spend The top 4 categories – homewares, groceries, media, and fashion – account for 70% of the total amount of online spending as at June 2016. […]
This week will we see the final release of trade data from the Australian Bureau of Statistics before the Christmas and Boxing Day trading period. It should give us a clearer indication of how consumer sentiment is tracking as we move into the most important month of the year for retail. An analysis released by […]
The Milestones Report released by the Australian Payments Clearing Association (APCA), the payments industry self-regulatory body, shows that the drop in cheque use in the 12 months to June 2016 is the greatest annual drop in the last decade. The report shows that cheque use dropped by 17.2% to 126.4 million. This compares to a 15.7% […]