Australia Retail Sales
Taylor Swift's concert boosts Australian retail sales by 0.3% in February
Taylor Swift's concert boosts Australian retail sales by 0.3% in February
The clothing, footwear and personal accessories sector saw the biggest growth.
DIYblinds names new CEO
The co-founders will serve as chief growth officer and director of the company.
Wholesaler Metcash acquires 3 firms for $363.4m
The companies it obtained were Superior Food, Bianco Construction, and Alpine Truss
APPF Retail disposes of Far North Queensland shopping centre
The transaction will take place in late February 2024.
Australia’s retail sales slip nearly 4% in December
This breaks 11 consecutive months of growth.
Black Friday sales drive up Australia’s November retail turnover
Retail turnover climbed by 1.4% during the month.
Australia retail trade up 12.5% YoY in October 2022
However, it declined by 0.2% month-on-month.
Retail turnover in Australia inches up in September
It went up by 0.6%, the Australian Bureau of Statistics reported.
Household spending in Australia rises by 29% in August
This is the 18th consecutive month of growth, the Australian Bureau of Statistics said.
Australia’s trade surplus narrows in August
Its surplus stood at $8.32b, the ABS reported.
Australia’s retail sales inch up in August
Retail sales rose 0.6% during the month.
Australia’s wine market to grow by 4.6% between 2021-2026: report
This comes as more consumers resume social drinking.
Australia’s retail sales up 1.4% in Q2
This is the third consecutive growth since Q4 2021.
Australia retail sales rise 0.2% MoM in June
It is the smallest increase so far in 2022.
Steady growth ahead for Australia’s retail spending
The country is not expected to return to another strict lockdown.
Australian shoppers to spend more for clothing, footwear
Spending in these products could reach US$44.7b in 2026.
Consumers in Australia remain cautious amidst high cases
Despite, retail sales showed signs of improvement.
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