Big Stock Issues Loom As Victorians Go Shopping Crazy
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October 29, 2020
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As Victorians flock into retail stores several looming problems are set to potentially crimp sales right across Australia. They include stock supply,... Read More
Aussies Want More Click & Collect, Better Retail Websites
The coronavirus pandemic has further shift buying behaviour, with 1-in-2 Aussie shoppers calling for more click and collect services, plus more detailed... Read More
Westfield Owner Slumps to $3.6 Billion Loss
The owner of Westfield malls – home to retailers such as JB Hi-Fi, Myer and David Jones – has booked a $3.61... Read More
‘At Home’ Purchases Drive The Reject Shop Sales Up 7.1%
The Reject Shop recorded sales growth of 7.1% in the second half of FY 20, driven by strong customer demand for ‘essential’... Read More
Cashrewards IPO Tipped After Sales Surge
Online and in-store retail cash-back service, Cashrewards, is reportedly pushing an initial public offering on the ASX this year, following a sales... 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
Customers Queue For Hours To Get Into Ikea
Yesterday, thousands of shoppers have reportedly queued for hours to get into newly reopened Ikea stores across England and North Ireland, leading... Read More
Morgan Stanley Tip Westfield Malls Best Set To Recover
Morgan Stanley analysts predict Scentre-owned Westfield will be among the best set shopping malls for recovery amidst the coronavirus pandemic. The news... Read More
Oz In Lockdown: Time Spent On Cooking Websites Up 71%
According to Nielsen’s data, Australians collectively spent 63,555 hours on food and cooking websites on the 29th March, an increase of 71%... Read More
Bushfires Blamed For Retail Downturn In January
The horror bushfire season has been cited as a key reason for retail turnover falling by 0.3% across Australia in January 2020,... Read More
