Sweet spending boon predicted for Easter retail
Despite cost-of-living pressures, Australian families will indulge in Easter treats, new research shows – with Australians tipped to spend almost $1.7 billion on hot cross buns, easter eggs or other
Home
Despite cost-of-living pressures, Australian families will indulge in Easter treats, new research shows – with Australians tipped to spend almost $1.7 billion on hot cross buns, easter eggs or other
Despite cost-of-living pressures, Australian families will indulge in Easter treats, new research shows – with Australians tipped to spend almost $1.7 billion on hot cross buns, easter eggs or other
Retail crime continues to be a concern with many businesses recording an increase in shoplifting.
In the latest Bureau of Crime Statistics and Research data coming out of New South Wales, retail theft increased 23.7% year-on-year.
This week we’re excited to launch the 2023 ARA Retail Insights Report – our annual overview of the retail outlook. The way the retail sector is perceived, and its public profile is essential to our long-term success.
Sydney WorldPride 2023 is here! The city has come alive with visitors from across Australia and around the world, providing a welcome boost to retailers and added vibrancy to our community.
On Wednesday we hosted the ARA Leaders Forum 2023 – our first in-person industry conference in several years; proudly opened by Federal Minister for Industry and Science, the Hon Ed Husic MP.
Australia’s peak retail body, the Australian Retailers Association, has warmly welcomed a decision by the Federal Government to allow international students to work up to 48 hours per week. The increase to 48 hours is up from the 40-hour limit in place pre-pandemic.
Australian retail sales increased 6.3% in January compared to the same time last year, according to the latest Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment.
Most retail categories maintained reasonable momentum after a record holiday spend. Lodging recorded the biggest increase in trade in January, up 15.9% compared to 12 months prior, closely followed by apparel (up 14.4%).
As Sydney WorldPride 2023 officially begins, the Australian Retailers Association (ARA) welcomes retailers support for the LGBTQ+ community – with some of Australia’s leading and largest brands committing to an industry-wide position statement to build more inclusive workplaces.
With the RBA raising interest rates for the ninth consecutive time this week, the signs of an economic slowdown are emerging for retail. Last week some commentators were quick to frame the month-on-month drop in retail spending in December as catastrophic; but it’s important to note that in year-on-year sales – a more relevant measure – growth remains strong