Retail rises in July, but uncertainty ahead as Australia plunges into recession

There was a solid rise in retail sales in July, however the National Retail Association (NRA) has warned that...

There was a solid rise in retail sales in July, however the National Retail Association (NRA) has warned that the sector remains braced for an uncertain time ahead as Australia plunges into its first recession since 1991. The Australian Bureau of Statistics (ABS) today released its retail sales report for...

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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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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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Message from the CEO: 28 April 2020

We are almost at the end of the first full month of lockdown restrictions. The impact that COVID-19 has...

We are almost at the end of the first full month of lockdown restrictions. The impact that COVID-19 has had on the retail sector cannot be overstated, even businesses that have been able to stay open have suffered the ripple effects to the economy. Last week the Australian Bureau of...

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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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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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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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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...

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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...

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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...

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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...

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