RETAIL PERFORMANCE DASHBOARD $420b value of retail economy Source: ABS 1.4m Australians work in retail Source: ABS $36.2b retail spend June 2024 +2.9% YoY Source: ABS 16.8% online share of retail spend in 2023 Source: Australia Post 80.8% consumer confidence July 2024 +1.3pts from June 2024 Source: Roy Morgan 3.8% monthly CPI indicator rose 3.8% in the 12 months to June 2024 Source: ABS 28,400 vacancies across the retail sector in May 2024 Source: ABS 35% Australians buy and sell second hand items Source: Roy Morgan Seasonal Event Statistics Valentine's Day Australians predicted to spend$465 millionfor Valentine's Day in 2024Source: Roy Morgan Easter Australians to spend$2.05 billionon hot cross buns, easter eggs or other special food in 2024 +$400m YOYSource: Roy Morgan Mother's Day Australians set to spend$995 millionon Mother's Day gifts in 2024Source: Roy Morgan EOFY Aussies tipped to spend$9.3 billionon mid-year/EOFY sales in 2023 (+$500m from 2022)Source: Roy Morgan Father's Day Australians set to splash out $860 millionon Father's Day gifts in 2023Source: Roy Morgan Halloween Halloween spending forecast to reach$490 millionin 2023 (+14% on 2022)Source: Roy Morgan Black Friday / Cyber Monday Black Friday weekend forecast to hit$6.36 billionin 2023Source: Roy Morgan Christmas Pre-Christmas spending forecast to hit$67.1 billionin 2023 +0.6% on last yearSource: Roy Morgan Boxing Day Australians set to splurge$1.25 billionin a Boxing Day bonanza in 2023 +1.6% on last yearSource: Roy Morgan BACK TO THE REPORT
