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Retail Analysis is your window on the world of retail, providing insights on retailers, countries, stores and trends. Retail … Australian retail sales jumped 7.1% in November as shoppers were lured by pre-Christmas sales with the second-most populous state of Victoria emerging out … The Australian Retail Outlook 2020, co-produced with Inside Retail offers retailers key insights into the year ahead. Panic buying has begun on Sydney’s besieged northern beaches, but the big supermarkets have urged their customers not to follow suit. Woolies and Coles have reintroduced buying limits in Queensland on a range of products to try and stop the panic buying that’s been taking place. The ASX closed slightly lower due to shakier sentiment amid the growing coronavirus cluster in Greater Sydney. It’s a ridiculously price cheap, with some users wondering if you could get a packet for free because one cent is no longer legal tender in Australia. Two anti-masker ‘Karens’ have hurled abuse at staff in a Sydney Ikea store, telling them to “shut up” after being asked to wear face masks. Australia Retail Sales for November, final: +7.1 % m/m, the emergence of Victoria from lock-down and Black Friday sales giving the Nov figs a boost. Breaking news, analysis and opinion on the world of retail in Asia and right across the Asia Pacific region. Latest retail news including retail bargains, business sales figures, consumer confidence news, and shopping centre news headlines. COVID-19 has changed the way Aussies will do their Christmas shopping, and it looks like retailers should be worried. Find Australia's most trusted resource for retail industry updates and breaking news. That blew away expectations for a decline of 0.6 percent following the 1.4 percent increase in October. NSW Health officials want passengers on a regional flight to get tested as they increased the venues and places the contagion may have spread. After unveiling its latest international deal, with Coles in Australia, Ocado Solutions is on a roll. WARNING: Graphic. Our team of retail experts track the latest industry trends, deliver and analyse key news, and visit retailers and their stores around the world to provide you with commercial insights that will help you build stronger plans and work more effectively day-to-day. Popular sportswear brand Lorna Jane has been hit with a lawsuit over alleged false claims its activewear could ‘kill coronavirus’. A brand new mega-sized Bunnings opens on Friday boasting national-first features and displays that give Ikea a run for its money. Kmart’s reindeer Christmas stockings look cheerful on first glance but one eagle-eyed shopper has discovered an awkward manufacturing mistake. Michael Heath, January 10, 2021, 7:55 PM EST Excluding Victoria, household spending gained 2.6% in November retail. 2020-01-09T15:47:00Z. Hitting back against China through boycotts is ‘self-harm’ and has no impact on their economy even if it provides a ‘feel-good moment’ for Australians, experts say. Smashed by online retail and battered by COVID, shopping centres have been all but written off. The product will soon hit shelves in NSW and Western Australia. This page provides - Australia Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Find out more about our policy and your choices, including how to opt-out. A sinkhole has caused a traffic nightmare at a major Gold Coast shopping centre, with cars being diverted through a carpark. Bargain hunters will be able to access Boxing Day sales early this year, with retailers spruiking deals on Dysons, air fryers and more from midnight. Read the breaking Retail coverage and top headlines on Forbes.com Aussie make-up retailer Mecca has launched court action against a cult cosmetic brand endorsed by supermodel Rosie Huntington-Whiteley. But a decision to go ahead with an outdoor market sparked fierce debate. KPMG retail specialists delve into the key trends and forecasts included in the report. Australian household spending surged by a record last quarter, led by cafes and clothing and footwear stores as Covid restrictions in much of the … Shoppers have flocked to Sydney’s CBD in search of a Boxing Day bargain despite health authorities asking people to stay away. The BBC's Frances Mao looks at why the nation's retailers are struggling. The ASX scraped higher to rack up a six-day winning streak despite a largely negative US lead. Australia experiences increase in retail sales; China's CPI rises. Breaking news and updates Australia: December 4, 2020. Australia’s retail trading rebounded last month as a fully opened Victoria and record sales from Black Friday helped provide a spending sugar hit. Australian shoppers are being wooed by a number of limited-time online sales as retailers pivot to take advantage of the biggest shift in consumer spending in history. A Sydney mum has spoken about a terrifying find in her Woolworths gingerbread house when she went to have an evening snack. Australian retail turnover rose 7.1 per cent in November 2020, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. The pressure on retailers to remain relevant in the eyes of the consumer have never been stronger. Woolworths has been forced to bring in purchasing limits of a heavily discounted luxury item, with Coles about to follow suit. Select Kmart stores will from this week set aside two hours for a new program, providing a low-sensory environment for sensitive shoppers. The Retail & eCommerce Directors’ Forum is a one day, one night, invitation only, event which will host 180 of the UK’s most senior... Editorial: 0208 222 0503 Commercial: 07401 241 979 While the retail industry is slowly getting back on its feet, new economic data has revealed the sector hurting more than most from the pandemic. Retail Week looks at the Australian grocery market and whether Ocado can succeed where others have failed. On the back of a rough year for retail in 2019, things got worse in 2020, with several major retailers and iconic Aussie brands forced to fold. The business will initially target Australia and Hong Kong, but will eventually extend its... New Zealand wine marketplace to target Australian connoisseurs, Asos revenue jumps 23 per cent in four months, Tyro faces legal action after prolonged eftpos terminal outage, How the Apple vs Facebook data wars will impact you, Michael Hill expects earnings bump after “outstanding” first half, Q&A: How US celebrity Teyana Taylor found her perfect fit in fashion. 4th Dec 20 Retail Drinks Australia and DrinkWise Partner To Drive Positive Drinking Culture. A new report has found Australians have become more conscious about their spending but are seeking to support local businesses this Christmas. Australia Retail Sales Rise by Record as Economic Growth Resumes By . David Jones has revealed the top products the major department store sold over the recent Black Friday and Cyber Monday sales period. Akubra is owned by the Keir family. Yahoo News Australia. But one reckons it has the secret to survival – and it involves Ninja Warrior. A trusted voice of the Australian retail industry in news, advice, and advocacy for more than 117 years. These are the ones changing. Consumer 4:36pm Oct 9, 2020 Warwick P January 12, 2021 0. News Retailers pledge donations in fight against Australian bushfires. News Stay up-to-date on the latest industry news and what’s happening at Retail Drinks Australia. Howden, the international insurance broker, part of Howden Group Holdings, announced yesterday that it is building on its 20-year relationship with Steadfast, the Australian insurance intermediary network, by forming a strategic partnership to … Australia retail sales rise 7.1% as Melbourne trade resumes The gain was driven by Victoria - up 22.4 per cent - as Melbourne stores were able to trade for a full month. Yahoo News Australia The truth behind a Woolworths packaging change that has infuriated customers Woolies shoppers slammed the retailer for being "cheeky" after news of the change surfaced. Australia: Retail sales jump in November. From retail bargains to consumer confidence news. There’s good news for those of us with sore heads today, with a wellness tonic dubbed the “Japanese Berocca” making its way to Australia. All times AEDT (GMT +11). Early Tuesday, the market sees the preliminary reading for the November month Retail Sales data from Australia at 00:30 GMT. Australia’s second largest bank says it will do better in 2021 and pledges to pay its shareholders a proper dividend in the coming year. January 11, 2021. Swedish furniture giant Ikea has announced a big change, ditching an item that has been key to its success for 70 years. It had also announced plans to merge key group companies, including Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks into FEL. The Australian sharemarket has ended the day stronger, riding the Democratic win in the Georgia election runoffs. Shocking photos of a beauty salon accused of offering lip fillers and eyelid clippings in a cockroach-infested back room have been released by a court. It had also announced plans to merge key group companies, including Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks into FEL. The owner of Coon Cheese has explained the company’s new name, saying despite criticism, “activist” consumers disliked the old name. Tech, mining and healthcare stocks dragged the Australian sharemarket lower but it would have been worse without gains by the big banks. An anonymous caller has left customers of a Queensland toy store “gobsmacked” after an extraordinary act of Christmas generosity. Over the last week or so, we've seen the PS5 restocked at Best Buy, GameStop, Antonline, and other stores. Akubra is owned by the Keir family. What’s driving Menulog’s triple-digit growth streak? Less than 24 hours after Brisbane’s coronavirus lockdown lifted, so too did this rule adopted by the major supermarket chains. Retail and hospitality businesses will miss out on $1.4bn in tourist dollars because of the absence of cashed-up Chinese visitors for Chinese New Year. Target stores across Australia will start to be converted into Kmarts from the start of this year. ... Yahoo News Australia. The boss of a billion dollar empire in the UK, who started his working life washing dishes, has turned 74 staff into instant millionaires. This followed encouraging year-on-year growth rates of 7.1 per cent in October. More than 350 Coles workers chanted “Coles stole Christmas” as they marched through Sydney today, with one major gripe against the supermarket giant. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Breaking news and updates on the Australia retail industry covering technology, payments, stores, consumer trends and behaviours and more. A watchdog has put shoppers on alert after scammers posing as Woolworths representatives correctly identified people’s names. Sales are tipped to fall 0.6 percent on month after climbing 1.4 percent in October. The man whose long campaign led to today’s rebrand of Coon cheese has said he has received racist abuse since the change was announced. This brother and sister from Perth turned an idea for their mum’s 60th birthday present into a multimillion-dollar global e-commerce empire. On August 29 this year, Future Group had announced the sale of its retail and wholesale business to Reliance Retail in a Rs 24,713-crore deal. A popular Australian jewellery retailer has been forced to close its UK stores due to a new lockdown sparked by a surge in COVID-19 cases. Akubra is a footwear and clothing line found in Kempsey, New South Wales, and Australia. Online Retailing Offline Retailing An Aussie wine company had its iconic, luxury brand counterfeited by Chinese fraudsters who put cheap wine in fancy-looking bottles. - … From today, there’s one that comes with a big fine for noncompliance. Financial markets have overlooked the turmoil unfolding in the US, finishing the first week of the New Year in positive territory. Retailbiz covers every aspect of Australia’s retail sector with a focus on the innovations and technologies that are driving the industry forward. A former Bachelor of the Year turned entrepreneur is making big waves with a new wine label that’s grown 3000 per cent in pandemic-driven online sales. The value of retail sales in Australia was up a seasonally adjusted 7.1 percent on month in November, the Australian Bureau of Statistics said on Monday - coming in at A$31.654 billion. Shopping 9:25am Dec 27, 2020 Users report major problems with the Service NSW app, which is used for contact tracing and mandatory for many businesses. Australia's retail sales jumped 7% in November as compared with October on a seasonally adjusted basis, according to … Australia experiences increase in retail sales; China's CPI rises. Supermarket giant Woolworths faces a major hurdle in its bid to buy a controlling stake in a family-owned wholesale business. The BBC's Frances Mao looks at why the nation's retailers are struggling. Nearly one in five Australians are making this mistake, turning their shopping bargains into a dud deal. A McDonald’s favourite just got even better with a new “dream combination” while two favourite burgers are back on the menu for summer. If you’ve left it to the last minute to snap up Christmas gifts and food supplies, we’ve got your back with this essential guide to holiday trading hours. ETRetail.com brings latest australia news, views and updates from all top sources for the Indian Retail industry. Coles data shows that a few Aussie states have upped their charitable giving to help people doing it tough and support families affected by childhood cancer. Akubra is a footwear and clothing line found in Kempsey, New South Wales, and Australia. Australian October 20 Retail Sales - Full Report. All markets delivered positive results during the all-important Christmas trading period, in spite of challenging trading conditions. It was founded by Benjamin Dunkerlay since 1897. Then a mystery customer stepped in. Find the latest news, headlines, blogs and video about retail, consumers, shopping and retail companies from CNBC.com. Australia Retail Sales Rise 7.1% as Melbourne Trade Resumes By . After a string of retail collapses this year, another Australian company has gone bust amid the COVID-19 economic recession. By AAP and Business News. Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust! It looks like any other of the supermarket giant’s outlets, catering to 20,000 customers a week, but this new ‘dark’ Woolworths isn’t on the map. Fires, floods, cancelled weddings and a global pandemic - 2020 really did have it all. Supermarket giant ALDI has suffered another blow in court after taking a union to court over its campaign about truck driver safety. Online retailing in Australia is a challenge due to its isolated geography and the transportation challenges associated with the procurement of merchandise not produced within its borders. Australian company launches 'world's first' plant-based baby formula. Australia’s stock market dropped to its lowest point in three weeks following a global share sell-off sparked by the new, mutated strain of COVID-19. Australians were getting their finances in order during the height of the coronavirus pandemic but this bad habit has re-emerged. Newscorp Personal Finance Writer Sophie Elworth says spending has risen by seven per cent from October to November and 13 per cent on a yearly basis. The owner of Just Jeans, Jay Jays and Peter Alexander has updated its earnings outlook for the first half of the financial year. - … Good news for shoppers this Christmas as Coles drops its price on a popular luxury item after helping out Aussie fishermen rejected by China. A raft of new restrictions have been rushed in to help Sydney fight a COVID outbreak. Retail news headlines Aussies spend close to $3bn on Boxing Day sales Boxing Day shoppers in Sydney and Melbourne spent more than $1 billion yesterday, with retail sales nationally expected to nudge $3bn. A cascade of Australian fashion brands have shut up shop in recent times. The JobKeeper scheme will officially end in March, despite desperate calls to extend it as border closures and lockdowns continue. Nominal retail sales in November soared 7.1% over the previous month in seasonally-adjusted terms, following October’s 1.4% increase. RetailBiz. The Australian retail industry growth has been fueled by the rise of the shopping mall, private equity investors, big-box retailers, vertical brand integration, and internet shopping. A champagne war is unfolding in one of Sydney’s most affluent suburbs after a local business woman accused her “best customer” of being a blatant copycat. A teen who allegedly grabbed a mop and twerked so much at a McDonald’s that police were called is also accused of a string of other offences. The online textile marketplace co-founder on how to keep unused fabrics out of landfills a... AuMake looks to Chinese social e-commerce trends to connect Aussie brands with Asian buyer... Creativity is at the top of the priority list for the Aussie fashion retailer this year. A woman had a nightmare flogging two “unused” lampshades on Facebook after people spotted a seemingly dodgy substance in the sale pictures. Authorities want “many thousands of people” at a major shopping centre for Boxing Day sales, at a long list of stores, to get tested due to a new mystery case. How to return a broken item: ‘No returns’ policy, legal advi... Big rise in Australian shopping habits a promising sign for ... New Kmart stores: The Target stores closing and being conver... Find out more about our policy and your choices, including how to opt-out. The seasonally adjusted estimate rose 1.6% ($460.5m) from September 2020 to October 2020. Sydney is in the grip of a horror coronavirus outbreak. Buy now, pay later providers have been given regulatory breathing space, while Australians continue to take scissors to their credit cards. Shoppers ’refuse to wear masks’: Retailers, Boxing Day shoppers told to get tested now, Horror look at ‘illegal’ beauty salon: court, Fear of virus spread in Boxing Day crowds, ASX slips as Sydney’s virus cluster grows, Lorna Jane sued over ridiculous virus claim, Kmart’s hilarious Christmas stocking fail, ‘Silly’: Australia’s China boycotts backfire, First look inside new Bunnings mega store, Photo reveals Australia’s sad retail disaster, How Aussies are flushing cash down toilet, Kmart, Target to change after child injury, ASX scrapes higher for sixth straight day, ‘Tragic’: Fruit and veg price to skyrocket, Call made on buy now, pay later surcharge. That beat expectations for an increase of 7.0 percent following the 1.4 percent gain in October. The company that owns Gloria Jean’s and Donut King is accused of knowingly selling unprofitable franchises in action by the ACCC. This updates the preliminary result of 7.0 per cent, and follows a rise of 1.4 per cent in October 2020. PHOTO: REUTERS An iconic brand has been forced to apologise to staff after a franchisee sent out a video message regarding the Christmas and New Year period. It has been a brutal year for Aussie retail – and one image perfectly sums up the extent of the devastation facing small businesses. SYDNEY--Australian retail sales grew robustly in October after Victoria state, which accounts for around a quarter of the country's economy, emerged from a prolonged lockdown. ABC News (Australia) published this video item, entitled “Australian market falls, as retail sales record jump in November | Finance Report” – below is their description. The business is riding high on the combined forces of Covid-19 and Snoop Dogg. Analysis: Will Australia deliver success for Ocado? Michael Heath, November 3, 2020, 8:16 PM EST Cafes, clothing and footwear lead gains as restrictions lifted Boxing Day shoppers have been urged to stay home – but retailers are worried a lack of in-store customers could mean “considerable” losses. Economic News. Popular Aussie brand Zimmermann has copped a huge backlash online over a $795 beach dress, prompting an apology from the company. ETRetail.com brings latest australia news, views and updates from all top sources for the Indian Retail industry. Briscoe Group gets new director; Canada Goose appoints head of new Asia Pacific division; ... We chat with the new creative director of women's fashion brand Pretty Little Thing. Find the latest news, headlines, blogs and video about retail, consumers, shopping and retail companies from CNBC.com. A spate of serious child injuries, one that nearly cost a girl her eyesight, has forced Kmart and Target to make a big change. Don’t miss out on getting your Christmas parcels in the post to avoid paying more. The ASX again slipped lower, with the big surprise being CSL’s hopes of producing a locally developed COVID-19 vaccine dashed. The total value of retail sales in Australia spiked a seasonally adjusted 7.0 percent on month in November, the Australian Bureau of Statistics said on Tuesday - coming in at A$31.623 billion. # online retail and battered by COVID, shopping and retail companies from CNBC.com of new restrictions have been without! $ 200 rule was introduced in Sydney sales figures, consumer trends and behaviours and more online sales the! Bourke says the empty shops are a bad look for retail industry, finishing the first half of devastation. Fashion brands have shut up shop in recent times wondering if they could afford buy. 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