Australia retail sales news

Breaking News - Inside Retail Australia. Global pandemic having uneven impact on retail sales. The Reject Shop says sales are up, while other brands are struggling. Flatten the curve: The retailers shutting up shop for public safety. With the spread of coronavirus ramping up, some retailers are intentionally ramping down.

Latest AUD market news, analysis and Australian Dollar trading forecast from leading DailyFX experts and research team. We use a range of cookies to give you the best possible browsing experience. Retail Sales in Australia increased 2.30 percent in August of 2019 over the same month in the previous year. Retail Sales YoY in Australia averaged 5.72 percent from 1983 until 2019, reaching an all time high of 12.70 percent in October of 1985 and a record low of 1.90 percent in October of 2017. While the retail sector continues to be weighed down by a struggling domestic economy, a record quarter by exporters helped to drive Australia's current account deficit to the lowest level since 1996. Australian retail sales surprisingly fell last quarter while growth in September was weaker-than-expected, suggesting recent interest rate cuts and government tax rebates were not enough to lift The latest Retail news, articles and analysis from The Sydney Morning Herald. Online retail giant Amazon has almost doubled its sales in Australia over the last financial year but is still Australia - Retail Sales Bushfires keep discouraging shoppers at year outset. Nominal retail sales in January dropped 0.3% over the previous month in seasonally-adjusted terms, following December’s sharper 0.7% fall which had marked a two-and-a-half year low.

Retail and Fast Food Workers Union has been contacted by casual workers with red… The good news stories we all need right now From CEOs taking pay cuts, to retailers donating food and toilet paper.

Stories in Retail Sales include: Online sales hit record highs in the shortest Australian retail sales fall unexpectedly, led by steep declines in NSW and Victoria In unsettling news, Australian online retail sales have suddenly plunged. 5 Feb 2020 Therefore, if retail sales significantly increase in Australia, the AUD is likely news coming out on either side immediately affects the AUD/NZD. There is some positive news, with 2020 holding more promise. Retail sales in September posted the weakest result since the 1990s recession, falling 0.2%  6 Mar 2020 This follows a fall of 0.7% in December 2019, and a rise of 1.0% in November 2019. In trend terms, Australian turnover rose 2.3% in January 2020 

5 Feb 2020 Therefore, if retail sales significantly increase in Australia, the AUD is likely news coming out on either side immediately affects the AUD/NZD.

26 Dec 2019 The Executive Director of the Australian Retailers Association, Russell “We think retail sales for Boxing Day 2019 will top $2.5bn, which is  17 Dec 2019 According to Roy Morgan, annual Christmas retail sales forecast $52.7 In conjunction with the Australian Retailers Association, this year will  30 Dec 2019 ASX retailers rely on the Christmas season for an uplift in sales to tide them through to the year. Australia saw a host of retailers collapse in the face of weak According to news.com.au, Department stores sell 78% more in  3 Jun 2019 Figures released by the Australian Bureau of Statistics showed that retail sales edged down by 0.1 per cent during the month, compared to March. 4 Nov 2019 Retail sales are falling fast, registering their first annual decline since the early- 1990s recession. This will subtract from Australia's Q3 GDP growth. https://www .abc.net.au/news/2019-11-04/crust-pizza-foreign-workers- 

Stories in Retail Sales include: Online sales hit record highs in the shortest Australian retail sales fall unexpectedly, led by steep declines in NSW and Victoria In unsettling news, Australian online retail sales have suddenly plunged.

There is some positive news, with 2020 holding more promise. Retail sales in September posted the weakest result since the 1990s recession, falling 0.2%  6 Mar 2020 This follows a fall of 0.7% in December 2019, and a rise of 1.0% in November 2019. In trend terms, Australian turnover rose 2.3% in January 2020 

Breaking News - Inside Retail Australia. Global pandemic having uneven impact on retail sales. The Reject Shop says sales are up, while other brands are struggling. Flatten the curve: The retailers shutting up shop for public safety. With the spread of coronavirus ramping up, some retailers are intentionally ramping down.

Latest AUD market news, analysis and Australian Dollar trading forecast from leading DailyFX experts and research team. Retail Sales as Virus The Australian Dollar had a fixed exchange Posted February 27, 2020 19:55:59. Even before the spread of the coronavirus caused global stock markets to tumble, the Australian economy was looking weak. The retail sector has been doing it Foreign retail companies are also strongly represented in Australia, with retailing companies such as Gap, Abercrombie & Fitch, Apple, Zara, Fossil, and Costco capitalizing on the rising sales potential. In fact, according to Australia Post's 2019 E-Commerce Industry Report, 40% of Australian online shoppers' most recent purchases were from China. Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust! Find the latest news, headlines, blogs and video about retail, consumers, shopping and retail companies from CNBC.com. Gap's earnings, sales beat, retailer names new CFO. Thu, Mar 12th 2020.

4 Nov 2019 Consumer spending accounts for almost two-thirds of Australia's economic activity. Retail spending was significantly worse than expected,  1 day ago Australian retail sales were estimated to have risen 0.4% on a seasonally adjusted basis in February, according to a preliminary data series  6 Feb 2020 Dominique Lamb, CEO of the National Retail Association, said the figures reflect the new normal for Australian retailers. “The shopping behaviour  Stories in Retail Sales include: Online sales hit record highs in the shortest Australian retail sales fall unexpectedly, led by steep declines in NSW and Victoria In unsettling news, Australian online retail sales have suddenly plunged. 5 Feb 2020 Therefore, if retail sales significantly increase in Australia, the AUD is likely news coming out on either side immediately affects the AUD/NZD.