The retail sector is showing signs of recovery after a relatively flat year. The Australian Bureau of Statistics (ABS) trade figures released Thursday have revealed a 0.3 per cent increase in June to $26.15 billion seasonally adjusted. Retail sales have now risen for three consecutive months, with June’s higher than the market expectations of 0.2 per […]
MEDIA RELEASE March 6, 2017 The Australian Bureau of Statistics (ABS) has today released its retail trade figures for January 2017, which demonstrate a solid increase of 3.2 per cent on the January 2016 figures. NRA CEO Dominique Lamb said the figures represented a promising sign to the start of 2017 for retail. But Ms […]
Earlier in the week, GDP figures were released for the September quarter which showed a contraction of 0.5 per cent for the Australian economy. While it certainly isn’t time to hit the panic buttons just yet, this should serve as a reminder to all of us in the retail industry not to be complacent when […]
According to the latest report from the Australian Bureau of Statistics (ABS) for retail trade in July 2016, retail trade figures have continued the flat trend that they finished the 2015-16 financial year with. Seasonally adjusted, retail turnover for July 2016 remained more or less unchanged at 0.0 per cent, which follows a rise of […]
The National Australia Bank has released the Online Retail Sales Index: Indepth Report for June 2016 showing that online sales are surging, however bricks and mortar stores are still pulling ahead. At a glance the online retail spend in Australia is $20.1 billion while bricks and mortar equates to $296.9 billion. Although NSW has come […]