Shaver Shop’s Online Sales Grow 387%
The Shaver Shop’s online sales grew by a massive 387% over the six weeks to 10th May, “more than offsetting the material... Read More
Major CE Stock Shortages Up To September Set To Affect Retailers
Is CE and appliance retailing entering a twilight zone driven more by a shortage of stock than a shortage of customers wanting... Read More
NAB: ‘Business Confidence Remains Weak But Is Rebounding’
The April NAB Business Survey noted a small rebound in business confidence late in the month, following the record lows of March.... Read More
Solomon Lew: ‘Some Retailers Will Not Recover’
Premier Investments – which includes The Just Group, Portmans, Peter Alexander, Smiggle, Dotti and Jay Jays – has announced the start of... Read More
‘Retailers Will Need To Offer A Superior Experience Post-COVID-19’
Shaun Bonett, the CEO of Precision Group, which has a portfolio of retail and hospitality properties has said that retailers will need... Read More
Wesfarmers To Double Down On Online Channels
In his address to the Macquarie 2020 Conference, Wesfarmers CEO Rob Scott revealed that the group plans to make even great investments... Read More
Costco Starts To Feel The Pinch As Sales Fall In April
In April Costco Wholesale recorded the first fall in monthly sales in over a decade, with the company stating they were negatively... Read More
Rise Of Online Shopping: Paypal Adds 7.4 Million Accounts In April
As consumers are largely restricted to shopping online, PayPal has witnessed massive growth, adding 20.2 million new active accounts in Q1 2020... Read More
Big W Leads Late Night Retail Return
Discount retailer Big W is set to be one of Australia’s first department stores to relax in-store shopping restrictions after resuming late... Read More
March COVID-19 Panic-Buying Drives Spike In Retail Sales
According to the latest Australian Bureau of Statistics (ABS) figures, retail turnover rose by 8.5% in March, marking a significant increase of... Read More