Home > Industry > Online Retail Spending Jumps As Traditional Store Sales Droop

Online Retail Spending Jumps As Traditional Store Sales Droop

Electrical and electronic goods retailing across Australia experienced a small downturn in April while most other household goods trading rose, according to the latest retail trade figures from the Australian Bureau of Statistics.

The ABS figures show in-store electrical and electronic goods retailing was down 0.1 percent in April.

Online retail was doing rather better, with turnover contributing 5.4 percent of total retail turnover in April 2018.

This was up slightly on the 5.1 percent rise in March 2018 – and quite massively on a year ago, when Stats reported online retail sales contributed just 3.4 percent to total retail for March 2017.

In dollar terms, online sales are said to have reached $1.3 billion in April, up from $510 million at the same time last year.

You may also like
No Hit To Employment As JobKeeper Winds Up, Says ABS
Aussie Businesses ‘Adapting To Covid’: Government Report
Amazon Expected To Outweigh Walmart By 2025
Employment Returning To Pre-Pandemic Rates As JobKeeper Ends
Fewer Aussies Use Public Transport