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The Magazine brings you all the ongoing and latest news, reports, analysis, stories, reviews, and more related to Business in this segment. Retail World is the most trusted and respected source of information for the Australian grocery industry. Our mission is to provide trusted, informative and timely coverage of the opportunities, developments, and issues affecting supermarket owners,..
Retail World Magazine » Business Insights
4d ago
Australians are embracing the festive spirit early in 2024, with a majority of shoppers (53%) having already purchased gifts as of mid-October. New Roy Morgan data, commissioned by the Australian Retailers Association (ARA), reveals shoppers are forecast to spend $11.8 billion on presents in 2024, up $1.6 billion on last year’s figures. 16.7 million Australians […]
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Retail World Magazine » Business Insights
4d ago
Taste.com.au has released findings from its Trend Forecast 2025, described as a rich insight into the 4.5 million Australian food lovers who connect with the food media brand every month. Taste’s audience consumes 68 million page views a month and generates 99 million data points every day, which the brand says provides an “unrivalled” consumer […]
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Retail World Magazine » Business Insights
1w ago
Consumers spent $36.45 billion across the country in September, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 0.1%, following a rise of 0.7% in August and a flat result in July. Year on year, retail sales increased 2.3%. “After a boost last month from warmer-than-usual weather, retail spending held […]
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Retail World Magazine » Business Insights
1w ago
Telstra is calling for a ‘Return on Connection’, finding a lack of external professional networks could be costing organisations $15.5 million annually. Telstra’s Return on Connection report quantifies the value of human-to-human connection for leaders, their organisation and the industries they support, and found Australia has a major collaboration opportunity for leaders facing into big […]
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Retail World Magazine » Business Insights
2w ago
One in five surveyed Australians are “getting ghoulish” this Halloween, according to the Australian Retailers Association (ARA). The ever-growing popularity of the October event is expected to be reflected in boosted retail sales across the nation. The ARA says that many popular retailers are seeing increased sales of up to 20% on Halloween merchandise, with […]
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Retail World Magazine » Business Insights
2w ago
Australians are budgeting $80 more for Christmas gifts this year and $100 more for food and drink during the festive season, according to new Pureprofile research. Total gift budgets for 2024 average $468 (up from $388 in 2023), with food and drink budgets sitting at $406 (up from $306 in 2023). Now in its sixth […]
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Retail World Magazine » Business Insights
2w ago
Two in five (38%) surveyed Australian consumers will remain loyal to the brands they buy from during Black Friday, continuing their support beyond the typical ‘cyber month’. These insights come from new research conducted by SAP Emarsys Customer Engagement, revealing how brands that prioritise personalised, mobile-first omnichannel strategies are best positioned to foster lasting customer […]
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Retail World Magazine » Business Insights
3w ago
The monthly CommBank Household Spending Insights (HSI) Index declined 0.7% in September to 146.7, despite increased recreation spending around the AFL and NRL grand finals. Six of the 12 spending categories saw a decline in the month, with hospitality leading the drop (down 2.8%), followed by transport (down 2.5%), household goods (down 2.3%), and food and […]
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Retail World Magazine » Business Insights
1M ago
Sweet treats, savoury snacks, alcohol and soft drinks are increasingly being left behind at the checkout as rising grocery costs lead shoppers to rethink their choices. According to new research conducted by YouGov and commissioned by ShopFully, 56% of Australians are putting sweet treats back on the shelf when their grocery bill starts to get […]
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Retail World Magazine » Business Insights
1M ago
The latest KPMG Australia Retail Health Index (RHI) indicates another setback for the retail sector with a full recovery unlikely to occur before the end of 2025. “Between March quarter 2024 and the June quarter 2024 the KPMG RHI further fell by 0.24 index points, moving from -1.49 to -1.73. The fall was primarily driven […]
The post Retail recovery’s ‘poor health’ forecast until late 2025 – KPMG Report appeared first on Retail World Magazine ..read more