Retail sales rise in June, but quarterly figures nosedive

The Australian Bureau of Statistics (ABS) has today revealed that retail sales rose by 2.7 per cent in June,...

The Australian Bureau of Statistics (ABS) has today revealed that retail sales rose by 2.7 per cent in June, however retail volumes fell by a sharp 3.4 per cent for the June 2020 quarter. NRA CEO Dominique Lamb said that the reintroduction of lockdowns in Victoria, the return of panic...

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Retail sales rise in June, road to recovery remains fraught with hazards

Retail turnover rose by a solid 2.4 per cent in June according to the Australian Bureau of Statistics (ABS)...

Retail turnover rose by a solid 2.4 per cent in June according to the Australian Bureau of Statistics (ABS) preliminary report released today. However, National Retail Association (NRA) CEO Dominique Lamb said the road to retail recovery following the COVID-19 wrecking ball remains long and fraught with hazards. “Retail turnover in...

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May retail sales bolstered by lockdown easing, long road to recovery remains

The Australian Bureau of Statistics (ABS) retail trade report for May has revealed that turnover was bolstered with the...

The Australian Bureau of Statistics (ABS) retail trade report for May has revealed that turnover was bolstered with the easing of lockdown measures across the country. The May report recorded a significant 16.9 per cent increase following the disastrous 17.7 per cent nosedive for April 2020. National Retail Association (NRA) CEO...

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Retail rebounds in May as restrictions lifted, long road to recovery still ahead

Retail turnover rebounded in May by 16.3 per cent following the easing of COVID-19 restrictions, according to the preliminary...

Retail turnover rebounded in May by 16.3 per cent following the easing of COVID-19 restrictions, according to the preliminary retail trade report released by the Australian Bureau of Statistics (ABS). However, NRA CEO Dominique Lamb said that a sizeable rise in sales was guaranteed to happen as shops began to...

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Message from the CEO: 9 June 2020

Retail turnover dropped by an unprecedented 17.7 per cent in April, according to the Australian Bureau of Statistics (ABS)....

Retail turnover dropped by an unprecedented 17.7 per cent in April, according to the Australian Bureau of Statistics (ABS). Although we were already well aware of the economic impact of COVID-19, these figures quantify the full extent of the hit that retail has endured thus far. This came one day...

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COVID-19 tsunami sees retail sales dive by record figure in April 2020

The economic tsunami caused by COVID-19 has seen retail sales dive by a record figure for a single month,...

The economic tsunami caused by COVID-19 has seen retail sales dive by a record figure for a single month, according to the Australian Bureau of Statistics (ABS). The ABS has revealed that retail turnover for April 2020 plummeted by a staggering 17.7 per cent, a slightly revised figure from the...

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Retail sales plunge in April as full force of COVID-19 hits

Retail sales plunged by a staggering 17.9 per cent in April according to the Australian Bureau of Statistics (ABS)...

Retail sales plunged by a staggering 17.9 per cent in April according to the Australian Bureau of Statistics (ABS) preliminary figures for the month. National Retail Association (NRA) CEO Dominique Lamb said the sobering figures show that April saw the full force of COVID-19 hit the economy. “April was the first...

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March retail figures paint an ominous sign of COVID-19 impact

The National Retail Association (NRA) has said that while today’s Australian Bureau of Statistics (ABS) retail trade figures for...

The National Retail Association (NRA) has said that while today’s Australian Bureau of Statistics (ABS) retail trade figures for March represent a giant jump in turnover, there are some incredibly ominous signs of the impact COVID-19 will have on the sector. The figures show an 8.5 per cent overall rise...

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February retail figures a false dawn

The National Retail Association (NRA) has said that while today’s Australian Bureau of Statistics (ABS) retail trade figures for...

The National Retail Association (NRA) has said that while today’s Australian Bureau of Statistics (ABS) retail trade figures for February 2020 are good, they represent a false dawn considering the economic turmoil that has occurred since March. Retail turnover for the second month of 2020 rose by 0.5 per cent,...

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Australia’s catastrophic events disrupt the retail sector

Retailers have felt the brunt of Australia’s summer of disaster, with sales figures taking a major hit in January...

Retailers have felt the brunt of Australia’s summer of disaster, with sales figures taking a major hit in January due to the devastating bushfires, the National Retail Association said today.   According to the Australian Bureau of Statistics (ABS), retail turnover fell 0.3 per cent in seasonally adjusted terms.  This follows...

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Message from the CEO: 11 February 2020

Last week the Australian Bureau of Statistics (ABS) released its retail trade report for December 2019 and the results...

Last week the Australian Bureau of Statistics (ABS) released its retail trade report for December 2019 and the results were rather mixed. Although a drop in turnover of 0.5 per cent (seasonally adjusted) certainly does not sound ideal, the figure needs to put into a broader context. Given the...

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December ABS results confirm shift in Christmas shopping behaviour

The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for December...

The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for December 2019 confirm that Christmas shopping behaviour by Australian consumers has shifted. Following a gigantic increase of 0.9 per cent in November, the December sales data reveals a drop in retail turnover...

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October figures show retail continues to face challenges

The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for October...

The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for October prove that retail continues to face challenges even as we enter the busy Christmas period. According to the ABS figures, retail remained unchanged in October at 0.0 per cent seasonally adjusted. There...

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Message from the CEO: 12 November 2019

Last week’s ABS retail figures demonstrated that retail is still yet to awaken from its slow sales slumber. Although turnover...

Last week’s ABS retail figures demonstrated that retail is still yet to awaken from its slow sales slumber. Although turnover across the sector rose by 0.2 per cent for September, it was still below what the NRA and many commentators were predicting. While it’s certainly too early to say that...

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September sales show retail still in a slumber

The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for September...

The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for September demonstrate that more still needs to be done to lift the sector out of its sales slumber. Despite cuts to income taxes and the RBA dropping interest rates to record levels,...

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Message from the CEO – 5 March 2019

Holding a sales event to boost revenue is a tactic as old as retail itself. However, choosing a strategy...

Holding a sales event to boost revenue is a tactic as old as retail itself. However, choosing a strategy around when to do it and what items to put on sales is an art form easier said than done. Variables such as trends, changing customer behaviour and the general economic...

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