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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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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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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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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Positive signs for retail

Positive signs as retail trade figures improve in August The National Retail Association (NRA) has said that there are positive...

Positive signs as retail trade figures improve in August The National Retail Association (NRA) has said that there are positive signs that the state of retail is improving following the August trade figures released today by the Australian Bureau of Statistics (ABS). Following a poor showing in July, the ABS report...

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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...

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