Aussie confidence up on spending, Neilsen says
Despite regular reports of doom and gloom, Australians have the highest consumer confidence of all developed nations.
Retail sales rise 0.6% in January
Positive figures were recorded in January across all state and territories for the fourth straight month by the latest Commonwealth Bank BSI.
Consumer confidence jumps in February
Consumer sentiment has increased slightly in February by 4.2 per cent from 96.1 in January to 101.1, according to the Westpac–Melbourne institute index of consumer sentiment
Weakest retail prices in six months
Retail prices have recorded the weakest outcome in six months, according to National Australia Bank monthly business survey for January 2012.
Web, mobile are fundamental to 2012
Manhattan Associates has released its retail shopping predictions for 2012, recognising the main theme points to web and mobile which are fundamentally changing the way people are shopping.
Business expectations hit pre-GFC levels
Sales expectations in the latest Dun & Bradstreet national business expectations survey are now at their strongest level since the December quarter 2003.
Food retail growth boosts supermarket trade
Analysis by the Charter Hall Group indicates that since calendar year 2000, growth in supermarket trade has almost doubled increasing by 99 per cent.
Cash rate on hold at 4.25%
While there were speculations that the Reserve Bank would cut the cash rate following two previous drops in November and December, its been left unchanged at 4.25 per cent.
Specialty stores winning customers over
Large mall-based retail chains may face a difficult future as more consumers turn towards dedicated specialty stores for their shopping, according toMacquarie Equities Research.
Mobile drove Christmas shopping
There was a surge in mobile shopping during Christmas, according to the January Getprice online shopping index traffic.
