Will Afterpay Hit A Wall When Gov Subsidies End?
Afterpay’s share price has skyrocketed in recent months, hitting a record high of $73.50 last Thursday, compared to $8.90 in March, representing... Read More
Will CE Retailers In Vic See Another Surge During Round 2 Lockdowns?
While the retail sector as a whole was hit hard by the first round of COVID-19 lockdowns, the country’s major CE retailers... Read More
Oz Retail Turnover Up A Record 16.9% In May
According to the final retail trade figures for May 2020 from the Australian Bureau of Statistics (ABS), turnover rose 16.9% that month.... Read More
COVID-19 Boosts Australia’s Online Retail Sales By 50.4%
The NAB Online Retail Sales Index rose by 50.4% year-on-year (y-o-y) in May, following April’s record y-o-y growth of 58.5%. “While online... Read More
David Jones Set To Sell Flagship Properties In Sydney & Melbourne
David Jones is about to commence the process of selling off $1 billion of properties, with The Australian reporting that promotional material... Read More
Woolies Beats Optus With Record $1M+ Spam Fine
Local grocery giant Woolworths has copped over a million dollar fine from the Australian Communications and Media Authority (ACMA) for spam breaches... Read More
American Express Gives Card Members $50 To ‘Shop Small’
As part of its ‘Shop Small’ initiative, which aims to support small businesses through the COVID-19 crisis, American Express is offering eligible... Read More
COVID-19 Recovery: 90% Of Australians Are Shopping At Stores Again
The latest ABS ‘Household Impacts of COVID-19 Survey’ found that Australians are rapidly returning to their normal pre-COVID-19 activities, with 90% of... Read More
70-80% Shoppers Research Online Before Buying In Store
Paul Greenberg – the founder of business network NORA and Co-Founder of DealsDirect.com.au – told The Australian Financial Review Virtual Retail Summit... Read More
Retailers Call For Flexible Rent Structure That Can Go Up Or Down
At The Australian Financial Review Virtual Retail Summit that was held yesterday, multiple sector stakeholders put their support behind a more flexible... Read More