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Consumer sentiment increase just won't do it: ANRA
ANRA CEO Margy Osmond has commented that sentiment is important but it is sales that determine the retail success.
December retail results disappoint
Despite the slight optimism from retailers prior to the Christmas sales, the results for December has unfortunately fallen short.
RBA holds cash rate leaving retailers mixed
Retailers have mixed feelings about the Reserve Bank’s decision to leave the cash rate unchanged at 3 per cent.
Sentiment shows slight positivity
Consumer sentiment in January has increased slightly, reflecting a possible positive outlook for the year.
Coles' price cuts leave bittersweet aftertaste
Following Cole's decision to discount prices on more products, some retail body associations have shown their support for it while it's being dismissed by others.
Christmas spending almost doubles
Retailers are expected to cash in a total of $12 billion from Christmas shopping this week.
Christmas shopping in full force
As Christmas fast approaches, Australians will lift their interest in shopping.
Families are saving, not spending: GDP
The latest ABS figures show Australia’s GDP grew by 0.5 per cent in the September quarter.
Another rise in retail turnover
The 0.5 per cent retail turnover rise in September has been warmly welcomed by retailers.
Plans for 24 hour retail trading: NSW
Retailers welcome NSW Planning Minister Brad Hazzard’s plans to introduce 24 hour trading before Christmas.
Retail trade lifted in August
Signs that consumers are spending is becoming more evident as retail turnover for August rises 0.2 per cent, according to the latest Australian Bureau Statistics (ABS) Retail Trade figures.
Low value import parcels: Change needed
The Federal Government has publicly released the final report of the Low Value Parcel Processing Taskforce, which suggested any streamlining of the processes involved in the handling of low value imported parcels would require significant change.
Glimmer of hope shines in June retail figures
The latest ABS retail trade figures show that retail turnover rose 1 per cent in June 2012, seasonally adjusted, following a rise of 0.8 per cent in May 2012.
Hit and miss: Fair Work Act review
The independent review of the Fair Work Australia Act has produced a mixed bag of feelings from retailers.
More members join Retail Council
In the lead up to the first Retail Council of Australia meeting later this week, Assistant Treasurer David Bradbury has announced additional members.
More men head in-store than women
They say women are better shoppers than men but according to the Australian National Retailers Association (ANRA) the winter sales are indicating otherwise.
FWA increases minimum wage
The Fair Work Australia's decision to increase the minimum wage by 2.9 per cent has left many retailers heart broken as it ignores strong signals that the sector is struggling.
Consumers are having trust issues
Trust was the key theme highlighted in IBM’s 2012 Smarter Consumer Study, which looks at the purchasing trends, habits and expectations of more than 28,000 consumers globally.
Retail trade figures "disappointing"
While the two interest rates cuts were welcomed with open arms by retailers at the end of last year it didn’t change the attitudes of consumers as the latest ABS retail trade figures show that retail turnover in November 2011 was flat.
Retailers brace for the Christmas rush
For the first time in six years, Christmas Day will fall on a Sunday, which will give consumers a full week to do their shopping.
Christmas spending warms up
Spending levels are predicted to be up on 2010 as retailers enter into the peak Christmas shopping period this week, according to the ANRA.
It's not so much about tax, report says
The Productivity Commission has made it clear that the current level of the LVT only plays a minor in how retailers are competitively disadvantaged.
Tax summit: Retailers demand GST changes
ANRA CEO Margy Osmond said if the government is serious about reform, lowering the threshold to $100 and enable retailers to compete on the global should be a key.
Reforms needed, Productivity Commission says
The draft report - Economic Structure and Performance of the Australian Retail Industry - examines the implications of globalisation for the retail industry and the appropriateness of current policy settings.
Retailers slam FWA for wage increase
Some Australian retailers will be hard hit with Fair Work Australia's decisions to increase modern award minimum wages by 3.4 per cent.
Budget 2011: Some light for retailers
Small businesses will be allowed to claim up to $5,000 as an immediate deduction for any car purchased during the 2012-13 financial year.
Reality of retail in trade figures
Retail trade figures released by the ABS has dropped 0.5 pr cent in March 2011 where the only positive turnover was seen in othing, footwear and personal accessory retailing up by a 0.1 per cent.
Cash rate held for the fifth time
his news has been welcomed by both the ARA and the NRA that have suggested keeping the cash rate stable for retailers as to continue their recovery.
A step to flexibile hours
NSW retailers have welcomed the state government’s decision to think twice before prosecuting closed stores for restocking the shelves during the Easter shutdown, the ANRA said.
February flood boosts retail trade
Both the ARA and the ANRA saidQueenslander's need for new household goods following the natural disasters of late December and January drove the 0.5 per cent growth in retail trade.
ANRA calls for wage increase
The retail industry is an award-dependent sector and has absorbed the wage increase of 2010 and a strategy is needed to ensure not to burden those sectors still moving towards recovery.
Time to make adjustments: retailers
A new survey from the ANRA showed that at least three quarters of Australians used the internet to help them out with their shopping in the past three months
Retailers keeping fingers crossed
Following the Productivity Commissions’ call for submissions from retailers for its inquiry into the Australian retail industry, the ANRA said 2011 will be a critical year for retailers.
Retailers concern about future trading
The latest retail trade figures from the ABS have confirmed that consumers continued to remain cautious during the crucial December period.
The aftermath of cyclone Yasi
Both Woolworths and Coles are still on the ground and have begun assessing the condition of stores, indicating little damage was done except Woolworths at Mission Beach suffered some roof damage.
Retailers praise RBA
Retailers have welcomed the Reserve Bank’s decision to keep interest rates at 4.75 per cent as the early part of 2011 continues the 'challenging' theme of the 2010 for the sector.
Retailers get behind flood victims
Leading supermarkets and retail organisations are working together to resupply existing stores, Scott Driscoll, United Retail Federation national president, told Retailbiz.
Growth in retail sales is not enough
Released on Monday, figures revealed that Australian retail turnover rose 0.3 per cent in November 2010, seasonally adjusted, following a revised fall of 0.8 per cent last October.
Retailers help flood victims
The ANRA continues to identify the areas most in need of help and provide support to get trucks through as quickly as possible.
