The Australian Retailers Associations said it retail members would be disappointed that there was no drop in the official cash rate for September 2014. The Reserve Bank of Australia yesterday maintained the 2.5 per cent cash rate.
Russell Zimmerman is the executive director of the Australian Retailers Association. In this special Q&A, he explains why he is optimistic for the remaining months of 2014.
The decision to close the GST loophole on imported goods valued at less than $1000 has not been made; instead has been delayed until March next year.
Today, Russell Zimmerman, executive director of the Australian Retailers Association talks about the need for Australian retailers to get online to capture sales, and the staffing costs that are currently affecting the industry.
Now that the election is truly over, retailers continue their rally for the new federal government to move quickly to shut down the major chainsâ€™ â€œexcessiveâ€ fuel shopper docket discounts.
Specsavers was awarded the coveted 2013 Visa Australian Retailer of the Year award at the 2013 Australian Retailers Association Australian Retail Awards on Tuesday.
Retailers have raised concerns about a campaign by the Shop, Distributive and Allied Employees Association (SDA) to lift wages for young workers, but the SDA says those who fight the change are "on the wrong side of history".
The Fair Work Commission began meeting this week to review wage rates for junior workers, and a proposal put forward by the Shop, Distributive and Allied Employees Association to lower the age of eligibility for adult award.
Retailers have voiced their concerns about the Shop, Distributive and Allied Employees Association's push to increase the wages of 18- to 20-year-olds retail employees to the adult wage.
The Reserve Bank's decision to hold interest rates have left many retailers frustrated as they continue to face excessive rises in business costs.
Employers are being reminded new pay and superannuation rates come into effect on Monday, July 1.
The removal of Australia's 27th Prime Minister and the reinstallation of the nation's 26th should instil some confidence back in to the retail sector, according to ARA executive director Russell Zimmerman.
The NSW government has committed to boosting support for small businesses.
The Minimum Wage Panel has decided there will be a 2.6 per cent increase on the national minimum wage, leaving retailers feeling uneasy.
Last week's federal budget left many retailers disappointed but digging further, the government has decided to increase the Import Processing Charge.
Retailers are pleading for another interest rate cut to 2.5 per cent when the Reserve Bank of Australia meets in May.
It’s that time of the year again the Australian Retailers Association is getting ready to award retail's finest.
The Australian Retailers Association is urging the Australian government to follow the US Senate's step on collecting tax on internet purchases.
The Australian Traders Group has called on all side of politics to support Australian retailers.
The ARA has made a submission to the federal government that addresses the skill shortages which have been identified in the Australian retail sector.
The ARA continues to urge for the Reserve Bank of Australia to cut rates when they meet in February.
Eighty per cent of retailers believe they have been negatively impacted since the carbon tax was introduced in July 2012.
Retailers should remain vigilant to theft as it's costing the industry more than $7.5 billion.
The retail industry continues to call for the Reserve Bank to lower interest rates.
Retailers have welcomed the Gillard Government's decision to implement recommendations made by the LVT Processing Taskforce to reduce the $1000 GST threshold.
The NSW government has established the first Small Business Commissioner as a statutory officer.
Shoppers are expected to spend $41.2 billion on goods this Christmas.
Plans for the state government to lower the GST has been welcomed by the ARA.
ARA is providing an opportunity for the retail sector and the ACCC to have an open discussion at the ARA Retail Leaders Lunch with ACCC chairman Rod Sims.
The independent review of the Fair Work Australia Act has produced a mixed bag of feelings from retailers.
In the lead up to the first Retail Council of Australia meeting later this week, Assistant Treasurer David Bradbury has announced additional members.
Gift card policies are expected to remain unchanged, according to a report released by the Consumer Affairs Advisory Council.
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.
The Australian Retailers Association, PayPal and eBay have signed a partnership to reflect retail landscape’s shift towards digital retailing.
Union advocates are attempting to secure an increase in minimum wages, however the Australian Retailers Association has said this move is ignoring the bigger picture and is in fact putting the jobs of casual and part time retail sector employees on the li
Australian Retailers Association has partnered with Roy Morgan Research to gain better knowledge and insight to retailers operating the sector.
The largest contributor to the rise was other retailing (1.8 per cent), which includes online retailers, followed by food retailing (0.3 per cent) and department stores (0.7 per cent).
The ARA Retail Institute in partnership with the Victorian Government will be offering free Retail Excellence Workshops, a series of four workshops held from February to April 2012.
ARA as announced it support for the Coalitions’ announcement that it will seek to remove the burden small businesses face in acting as paymasters of the government’s Paid Parental Leave scheme.
Retailers’ hopes were left shattered when the Reserve Bank announced it was keeping the cash rate at 4.25 per cent but now there are expectations that the RBA will provide an interest rate cut next month.
Following a 0.1 per cent rise in November 2011, the ABS has reported that retail trade figures for December, the most crucial month of trading, fell 0.1 per cent.
ARA has called on the RBA to reduce interest rates in February after the Consumer Price Index (CPI) dropped from 3.5 per cent down to 3.1 per cent.
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.
Nerves and tension were felt while breaths were held by retailers during the Christmas period but it appears that retailers are remaining steady in this sales period.
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.
Print solutions company Upstream has partnered with the Australian Retailers Association to help retailers reduce costs associated with printing.
Retailers aren’t expecting Christmas sales to turn around the flat market according to the ARA, with Christmas sales predicted to increase a moderate 2.2 per cent on last year to $39.5 billion.
The retailer was awarded the ARA's Visa Australian Retailer of the Year award, overtaking from last year’s winner Smiggle.
Bricks and mortar retailers gathered for the final Engage in E-tail, jointly hosted by ARA and ASGA in partnership with PayPal to learn about mCommerce and social media.
The federal government successfully passed the carbon tax through the lower house on Wednesday but this has left many retailers heavy-hearted.
The ABS showsthat retail turnover is heading slowly towards an upward direction as retail trade figures has grown 0.6 per cent in August.
The cries of retailers to cut interest rates have been left unheard as the RBA has decided to leave it unchanged at 4.75 per cent.
An industry survey has revealed that 83 per cent of retailers expect consumers will be spending less as a result of the carbon tax.
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.
Both the NRA and the ARA have described the news as an extra break the sector needs to continue the recovery after a soft couple of years and a disastrous few months.
Simon Smith, Quantium director and former managing director of eBay, said retailers need to have an online presence and adopt a multi-channel operation.
The carbon pricing package will see retailers face increasing operaton costs throughout the supply chain and fewer goods being bought my consumers.
Secondary school student employees will now be able to work 1.5 hour long shifts after school following a decision by Fair Work Australia to alter the General Retail Industry Award 2010.
Retail trade figures are up 1.1 per cent in April, seasonally adjusted, following a fall of 0.3 per cent the previous month, according to the ABS.
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.
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.
The federal government plans for the legislation to commence on 1 January 2012, with all products on sale required to comply with the new laws within six months.
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.
A Nielsen survey commissioned by PayPal has found that the growth of smart phones is fuelling mobile commerce, which saw the total amount of mobile transactions reach $155 million in 2010.
The ARA said smaller retailers cannot afford the increased merchant rates and has called on the big banks to absorb costs.
The Fair Imports Alliance is calling on the federal government to provide specific funding for specialist e-tailing and online education for retailers.
More evidence has been released by the ARA showing it will be another tough year of retail trading with over 50 per cent of Australians planning to spend less.
With REDgroup Retail announcing it entered into voluntary administration last week, RetailBiz caught up with book chain Dymocks' CEO Don Grover to see whether they were feeling the pressure of online shopping.
Retail outlets, museums and art galleries are being asked to stay open till late as part of this initiative. The policy will also cover issues from better transport options to safer pubs and clubs.
The latest retail trade figures from the ABS have confirmed that consumers continued to remain cautious during the crucial December period.
The ARA said retailers, including those businesses that have been affected by the floods, will be hit hard by the new levy as consumers tighten their purses.
The ARA is offering a complimentary three month membershipo flood affected retailers to help deal with their employer obligations and other decisions during this time.
The ARA's week-by-week tracking of retail trading during the Christmas period has found that the final week leading into Christmas Eve over 45 per cent of retailers were trading worse than the same time last year.
Myer, David Jones, Harvey Norman, Borders and Target are among those forming a coalition and declaring war against international online retailers.
Days before Christmas, the ARA predicted shoppers will spend $6.97 billion during the two weeks of post-Christmas sales and Boxing Day through to early January.
ARA has predicted that shoppers will spend $6.97 billion during the two weeks of post-Christmas sales from Boxing Day through to early January.
The ARA has welcomed the Productivity Commission’s Future of Australian Retail Inquiry and the government’s approach to evidence based policy.
With Christmas just days away, ARA has confirmed that based on early December retail trade, it will be a slow one for retailers this festive season.
The RBA has decided to raise the cash rate by 0.25 per cent to 4.75 per cent just before the Christmas trading period begins.
Based on a Frost & Sullivan report, it is estimated that Australian consumers will spend in excess of $12 billion dollars online this year and almost half of that will be spent offshore.
Fair Work Australia has upheld its decision to refuse to amend retail award’s minimum three hour shift requirement.
The state finalists categories are Australian Young Retailer of the Year, Australian Independent Retailer of the Year and ARA Retail Institute Australian Retail Graduate of the Year.
The ARA has announced the category winners for the ORACLE Australian Retailer of the Year 2010 as part of the ARA Australian Retail Awards.
The ARA has suggested that once the new government steps up changes are needed to benefit smaller, independent retailers.
The Australian Retailers Association said it was critical retail employers understood their industrial relations obligations, after new research revealed four out of five small businesses were not ready for the introduction of the new workplace laws.
Retail spending fell two per cent in February compared to a month earlier as support from last year's Federal Government cash handouts diminished.