Posts tagged "retail spending"

The Lipstick Effect describes a phenomenon when consumers will still tend to buy small luxury items or less costly luxury goods, even when facing an economic crisis or downturn.

Australians are still trying to enjoy the small luxuries in life, with 15 million Aussies forking out and digging deep into their pockets for small indulgences.

The Australian Retailers Association says Aussies are expected to spend an average of $726 each, with a large proportion of that coming from e-commerce.

Despite ongoing lockdowns, Australian retail turnover rose 0.4% in May 2021 compared on a month-on-month basis and 7.7% on a year prior.

The impact of the pandemic is continuing to show up in odd places. This time, consumer spending on sheets over shoes.

Retail sales plummeted in April despite an explosion in e-commerce spending as COVID-19 lockdowns forced Australians to shop from home.

New sales figures reveal grocery hoarding could tip the retail sector into positive growth in March, but the outlook beyond that remains bleak.

Footwear retailer JD Sports is opening its fifth Australian retail hub in seven months, with the international brand saying it has seen grea…

Retailers around the country may be in the midst of what is for many the busiest time of the year, but research released by Roy Morgan this …

The retail industry has been battered by natural disasters in Queensland and a shocking Christmas, and will continue to remain weak during t…

Australia’s capital cities are some of the most expensive when it comes to retail, according to a new report from research group CB Richard …

The retail industry must prepare for another shocking year in which 75% of customers will spend less and continue to search for sales, new r…