Weakened consumer spending puts a dampener on retail sales
When looking through the volatility of the past few months, retail turnover was unchanged in trend terms, reflecting a still high cost of living and elevated interest rates.
Pure-play online retailer Adore Beauty is ‘exploring’ bringing its brand “to life in a physical format”
E-commerce retailer Adore Beauty is considering what a physical retail store could look like from a brand awareness perspective.
Shoppers loosening their purse strings as consumer confidence returns
Online shopping, finance and insurance, and travel were the main drivers of spending growth, increasing by 3.9%, 3.6% and 7.6% over the year.
Jingle Bills: Aussie SMEs to chase $22 billion in unpaid invoices this festive season
SMEs are expecting an average of eight invoices will go unpaid between now and Christmas day, new research shows.
Sluggish retail growth as consumer spending hits historic low
A 0.2% lift in retail sales was recorded by the ABS in August following a stronger 0.5% uptick in July and a 0.8% fall in June.
Personalisation and sustainability are the new frontier in the relationship between retailers and shoppers
The relationship between brands and customers is beginning to bare more resemblance to a tight-knit relationship than a transactional affair. And this is something that retailers can capitalise on.
Nothing scary about Halloween for Australian retailers as sector anticipates $430 million spending boost
One in four Australians will celebrate Halloween this year, according to an Australian Retailers Association study.
Shopping in the metaverse: Research says 52% of Aussie consumers would give it a try
Australian consumers are more willing to shop in the metaverse compared to their counterparts in US and parts of Europe, according to research released this week by BigCommerce.
The Aussie startup taking the fight to Aldi and Amazon with checkoutless shopping Down Under
As the lines between digital and physical retail blur, the founders of TAGR say there’s no reason SMEs can’t get in on the opportunity.
E-commerce boom: Four areas retailers need to address ahead of Christmas
Insights from Power Retail and Australia Post reveal there are four areas retailers should address to succeed this holiday trading period.
The COVID boom: Are e-commerce stores playing the pandemic lottery?
"If you’re planning to dip your toe into the e-commerce sphere, or currently waiting for the next pandemic, here’s hoping you draw a winning ticket," writes Paul Waddy.
Is retail boring now? Here’s how stores have lost the balance of art and science
Retail was once known for being the perfect harmony between art and science. But has this harmony become imbalanced?
