A woman had a nightmare flogging two “unused” lampshades on Facebook after people spotted a seemingly dodgy substance in the sale pictures. 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. 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 … Following successive two months of … The company that owns Gloria Jean’s and Donut King is accused of knowingly selling unprofitable franchises in action by the ACCC. COVID-19 has changed the way Aussies will do their Christmas shopping, and it looks like retailers should be worried. It has been a brutal year for Aussie retail – and one image perfectly sums up the extent of the devastation facing small businesses. 06 Jan 2021 . Michael Heath, January 10, 2021, 7:55 PM EST Excluding Victoria, household spending gained 2.6% in November RetailBiz. When an ex-pastry chef got together with a former Hockeyroos pro-athlete and a friend who worked in brand marketing, a curious new product was born. Sales are tipped to fall 0.6 percent on month after climbing 1.4 percent in October. 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. Nominal retail sales in November soared 7.1% over the previous month in seasonally-adjusted terms, following October’s 1.4% increase. The deadline to get them delivered on time is fast approaching. The Australian sharemarket has ended the day stronger, riding the Democratic win in the Georgia election runoffs. ETRetail.com brings latest australia news, views and updates from all top sources for the Indian Retail industry. From retail bargains to consumer confidence news. A sinkhole has caused a traffic nightmare at a major Gold Coast shopping centre, with cars being diverted through a carpark. A watchdog has put shoppers on alert after scammers posing as Woolworths representatives correctly identified people’s names. When Melburnian David Andrew launched a start-up with a simple idea, he had no idea it would be making millions through a pandemic. These are the ones changing. The BBC's Frances Mao looks at why the nation's retailers are struggling. Australia: Retail sales jump in November. Australia Retail Sales Rise by Record as Economic Growth Resumes By . When a 19-year-old from Perth started an online idea from her parents’ kitchen with just an Instagram account, she had no idea it would be so successful. 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. Australia Retail Sales Rise 7.1% as Melbourne Trade Resumes (Bloomberg) -- Australian household spending jumped in November as the southeastern state of Victoria was released from lockdown and consumers took advantage of discounts during annual Black Friday sales. Financial markets have overlooked the turmoil unfolding in the US, finishing the first week of the New Year in positive territory. 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. Find Australia's most trusted resource for retail industry updates and breaking news. 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. 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. Target stores across Australia will start to be converted into Kmarts from the start of this year. This followed encouraging year-on-year growth rates of 7.1 per cent in October. Find the latest news, headlines, blogs and video about retail, consumers, shopping and retail companies from CNBC.com. 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. A new report has found Australians have become more conscious about their spending but are seeking to support local businesses this Christmas. 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. 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. David Jones has revealed the top products the major department store sold over the recent Black Friday and Cyber Monday sales period. Australia experiences increase in retail sales; China's CPI rises. Australian economy is riding on $507 billion government stim... China hits back at Australia over Hong Kong joint statement. NSW Health officials want passengers on a regional flight to get tested as they increased the venues and places the contagion may have spread. Australian October 20 Retail Sales - Full Report. 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. Australia About Blog Retailbiz covers every aspect of Australia's retail sector with a focus … The JobKeeper scheme will officially end in March, despite desperate calls to extend it as border closures and lockdowns continue. The business that gives half of its profits away has eyed massive growth this year with a waitlist of more than 500,000 people to get toilet paper. Fires, floods, cancelled weddings and a global pandemic - 2020 really did have it all. #Australian e-commerce #Australian retail news #COVID #lockdown #online retail news #Power Retail #South Australia . 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. Nearly one in five Australians are making this mistake, turning their shopping bargains into a dud deal. After a tough year, many staff where wondering if they could afford to buy their children presents for Christmas. The product will soon hit shelves in NSW and Western Australia. Australia will on Tuesday release November numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Good news for shoppers this Christmas as Coles drops its price on a popular luxury item after helping out Aussie fishermen rejected by China. Economic News. Breaking news and updates on the Australia retail industry covering technology, payments, stores, consumer trends and behaviours and more. This page provides - Australia Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. The pressure on retailers to remain relevant in the eyes of the consumer have never been stronger. What’s driving Menulog’s triple-digit growth streak? Sydney is in the grip of a horror coronavirus outbreak. Breaking news and updates Australia: December 4, 2020. 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. Boxing Day sales were a much-needed bonanza for retailers, but a major industry lobby group says there may be troubled waters ahead. ... Yahoo News Australia. A witness has captured the moment a bungling arsonist set fire to his own arm while torching a suburban clothing store. Australia’s retail trading rebounded last month as a fully opened Victoria and record sales from Black Friday helped provide a spending sugar hit. It was founded by Benjamin Dunkerlay since 1897. Buy now, pay later providers have been given regulatory breathing space, while Australians continue to take scissors to their credit cards. Retail Analysis is your window on the world of retail, providing insights on retailers, countries, stores and trends. 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. Car sales in WA were stronger than anywhere else in Australia in 2020, aside from the ACT, although they were still down on the prior year. All times AEDT (GMT +11). The ASX finished flat after two straight days of gains as shares in buy now pay later market darling Afterpay climbed to a fresh record. Then a mystery customer stepped in. Popular sportswear brand Lorna Jane has been hit with a lawsuit over alleged false claims its activewear could ‘kill coronavirus’. Akubra is owned by the Keir family. One of the best parts of the holiday season are the end of year Boxing Day sales and there are plenty of big name brands on offer. Select Kmart stores will from this week set aside two hours for a new program, providing a low-sensory environment for sensitive shoppers. A trusted voice of the Australian retail industry in news, advice, and advocacy for more than 117 years. Stay up-to-date on the latest industry news and what’s happening at Retail Drinks Australia. Woolworths has been forced to bring in purchasing limits of a heavily discounted luxury item, with Coles about to follow suit. 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. Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust! 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. The business is riding high on the combined forces of Covid-19 and Snoop Dogg. WA's retail spending was up by more than 16 per cent in the year to November 2020, outperforming all other states. 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. Breaking news, analysis and opinion on the world of retail in Asia and right across the Asia Pacific region. From today, there’s one that comes with a big fine for noncompliance. Warwick P January 12, 2021 0. An Aussie wine company had its iconic, luxury brand counterfeited by Chinese fraudsters who put cheap wine in fancy-looking bottles. Akubra is owned by the Keir family. ETRetail.com brings latest australia news, views and updates from all top sources for the Indian Retail industry. PHOTO: REUTERS 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. A cascade of Australian fashion brands have shut up shop in recent times. Australia's retail sales jumped 7% in November as compared with October on a seasonally adjusted basis, according to … The NSW government has revealed nearly a third of hospitality venues in the state have failed to follow an important health rule. 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. 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. The outdoor equipment store’s commercial has divided the community, with some people loving the ad and others hating it. According to data released by the Australian Bureau of Statistics, retail sales rose by 7.1% in November, against the previous month's 7% climb and higher than expectations of 7%. Boxing Day shoppers have been urged to stay home – but retailers are worried a lack of in-store customers could mean “considerable” losses. Over the last week or so, we've seen the PS5 restocked at Best Buy, GameStop, Antonline, and other stores. 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. It was founded by Benjamin Dunkerlay since 1897. Akubra is a footwear and clothing line found in Kempsey, New South Wales, and Australia. Shoppers have flocked to Sydney’s CBD in search of a Boxing Day bargain despite health authorities asking people to stay away. The boss of a billion dollar empire in the UK, who started his working life washing dishes, has turned 74 staff into instant millionaires. Retail Week looks at the Australian grocery market and whether Ocado can succeed where others have failed. 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. Retail World is the most trusted and respected source of information for the Australian grocery industry. Australians were getting their finances in order during the height of the coronavirus pandemic but this bad habit has re-emerged. 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. 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. Consumer 4:36pm Oct 9, 2020 A spate of serious child injuries, one that nearly cost a girl her eyesight, has forced Kmart and Target to make a big change. The ASX closed slightly lower due to shakier sentiment amid the growing coronavirus cluster in Greater Sydney. But a decision to go ahead with an outdoor market sparked fierce debate. But there was one loss we felt harder than the others. 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. Popular homewares retailer Adairs keeps getting more and more online sales despite the COVID-19 health crisis easing. Swedish furniture giant Ikea has announced a big change, ditching an item that has been key to its success for 70 years. By AAP and Business News. Fans could not believe it was actually real, but KFC is claiming its latest game-changing product really does exist. retail. According to data released by the Australian Bureau of Statistics, retail sales rose by 7.1% in November, against the previous month's 7% climb and higher than expectations of 7%. 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 Commercial retail agent David Bourke says the empty shops are a bad look for retail strips. Australia’s largest bank has dealt a blow to savers, implementing further rate cuts that are more than the recent interest carving by the central bank. A cascade of Australian fashion brands have shut up shop in recent times. 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. But one reckons it has the secret to survival – and it involves Ninja Warrior. Kmart’s reindeer Christmas stockings look cheerful on first glance but one eagle-eyed shopper has discovered an awkward manufacturing mistake. Breaking news, analysis and opinion on the world of retail in Asia and right across the Asia Pacific region. 2020-01-09T15:47:00Z. 1 Comment . Business. A McDonald’s favourite just got even better with a new “dream combination” while two favourite burgers are back on the menu for summer. 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. That beat expectations for an increase of 7.0 percent following the 1.4 percent gain in October. Here’s how not to get stung. News on Retail Markets. Australian household spending surged by a record last quarter, led by cafes and clothing and footwear stores as Covid restrictions in much of the … KPMG retail specialists delve into the key trends and forecasts included in the report. 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. 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. Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust! News Retailers pledge donations in fight against Australian bushfires. Australia’s major supermarkets have brought back purchase limits on toilet paper across greater Sydney as the northern beaches COVID cluster grows. 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. 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. Shopping 9:25am Dec 27, 2020 A brand new mega-sized Bunnings opens on Friday boasting national-first features and displays that give Ikea a run for its money. Retail … Yahoo News Australia. A trusted voice of the Australian retail industry in news, advice, and advocacy for more than 117 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. Tech, mining and healthcare stocks dragged the Australian sharemarket lower but it would have been worse without gains by the big banks. Gerry Harvey says stores that encourage their staff to have the COVID-19 vaccine may be more attractive for consumers. November Retail sales rose 7.1%. Australia experiences increase in retail sales; China's CPI rises. Analysis: Will Australia deliver success for Ocado? 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. 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