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,...

Read More

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...

Read More

Message from the CEO – 22 January 2019

The first Australian Bureau of Statistics (ABS) retail report for 2019 has been released and the news was relatively...

The first Australian Bureau of Statistics (ABS) retail report for 2019 has been released and the news was relatively positive. The report, which measured sales for November 2018, revealed a solid performance for the sector and we hope that this was the case for you and your business. According to...

Read More

Message from the CEO – 8 January 2019

Welcome to 2019! As you would have all experienced yourselves, Christmas 2018 was another busy and successful one for retail. Both...

Welcome to 2019! As you would have all experienced yourselves, Christmas 2018 was another busy and successful one for retail. Both the Christmas trade period and Boxing Day saw record sales figures as shoppers flocked to stores across the country. This was most welcome considering that 2018 had been a relatively...

Read More

Sluggish January retail sales following December slump

The retail trade figures released by the Australian Bureau of Statistics (ABS) today revealed that sales for January remained...

The retail trade figures released by the Australian Bureau of Statistics (ABS) today revealed that sales for January remained sluggish but were an improvement on the December 2017 slump. The ABS figures show that retail turnover rose by 0.1 per cent seasonally adjusted in January, following a drop of 0.5...

Read More

Aussie shoppers splurge record $47.5 billion during Christmas, according to ABS

December 2017 retail sales data released today by the Australian Bureau of Statistics (ABS) has revealed that Australians splurged...

December 2017 retail sales data released today by the Australian Bureau of Statistics (ABS) has revealed that Australians splurged a record $47.5 billion during the 2017 Christmas period. The figures closely align with the pre-Christmas forecasts made by peak retail industry body the National Retail Association (NRA), who predicted $48...

Read More

October ABS figures show retail in solid position for Christmas

Today the Australian Bureau of Statistics (ABS) released its retail figures for October which show an increase in retail...

Today the Australian Bureau of Statistics (ABS) released its retail figures for October which show an increase in retail turnover of 0.5 per cent, seasonally adjusted. NRA CEO Dominique Lamb said that the figures show that retail is awakening from its slumber following sluggish results in previous months. “Australian retail had...

Read More

ABS retail figures show stable period for July 2017

The Australian Bureau of Statistics (ABS) retail trade figures for July 2017 released earlier today show a stable start...

The Australian Bureau of Statistics (ABS) retail trade figures for July 2017 released earlier today show a stable start for the industry in the second-half of the year. For the month of July, the trend estimate for Australian turnover rose by 0.3 per cent, closely in line with 0.4 per...

Read More

Message from the CEO: 8 August 2017

The retail sector is showing signs of recovery after a relatively flat year. The Australian Bureau of Statistics (ABS) trade...

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...

Read More

June ABS figures show signs of strengthening retail sector

The Australian Bureau of Statistics (ABS) has today released its retail trade figures for June 2017 which show signs...

The Australian Bureau of Statistics (ABS) has today released its retail trade figures for June 2017 which show signs of a strengthening retail industry, after 12 months of softened growth. According to the ABS, the seasonally adjusted trend rose a slight 0.3 per cent in seasonally adjusted terms from the...

Read More

Retail Figures Remain Steady According to ABS Stats for May

The Australian Bureau of Statistics (ABS) retail trade figures for May 2017 has shown a steady rise of 0.6%...

The Australian Bureau of Statistics (ABS) retail trade figures for May 2017 has shown a steady rise of 0.6% turnover, seasonally adjusted. NRA CEO Dominique Lamb said that while retail was experiencing a quiet period, the industry remains in steady shape and should continue to pick up following the introduction...

Read More

April Figures Show Marginal Growth for Retail Trade

The Australian Bureau of Statistics (ABS) retail trade figures for April 2017 released today show minimal growth from March,...

The Australian Bureau of Statistics (ABS) retail trade figures for April 2017 released today show minimal growth from March, indicating that the retail industry is still amidst trying times. According to the ABS, retail turnover rose 1.0 per cent during April following a fall of 0.2 per cent in March...

Read More

February Retail Figures Show Narrow Growth

The Australian Bureau of Statistics (ABS) retail trade figures for February released today show negligible change from the previous...

The Australian Bureau of Statistics (ABS) retail trade figures for February released today show negligible change from the previous month, indicating that the retail sector is still operating in a challenging environment. According to the ABS, the seasonally adjusted trend estimate fell 0.1 per cent in February. In trend terms,...

Read More

Message from the CEO: 14 February 2017

Last week the Australian Bureau of Statistics (ABS) released its retail trade figures for the month of December 2016...

Last week the Australian Bureau of Statistics (ABS) released its retail trade figures for the month of December 2016 and the results demonstrated that the National Retail Association was close to spot-on with its Christmas trade period projection. In November, we forecast that for the Christmas trade period – which encompasses...

Read More

Message from the CEO: 16 January 2017

As the excesses of Christmas and New Year make way for positive resolutions for the year ahead (eating healthily...

As the excesses of Christmas and New Year make way for positive resolutions for the year ahead (eating healthily and exercising more always seem to top those lists!), we’ve continued receiving great feedback from our members on the pre-Christmas spending and Boxing Day sales periods, particularly in areas now...

Read More

Message from the CEO: 12 December 2016

Earlier in the week, GDP figures were released for the September quarter which showed a contraction of 0.5 per...

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...

Read More