Proof that online satisfies consumers' demand for convenience.
While business conditions continue to remain soft they did improve in the September quarter for most industries, according to the National Australia Bank quarterly business survey.
October's monthly consumer confidence rating is out and there is good news for retailers, with the index showing strong growth to reach its highest point since February 2012.
Marketing solutions company Responsys has revealed Australian digital markets are increasingly savvy but there’s increasingly a widening gap in digital expertise.
While there’s been a long general belief that price has been one of factors as to why some retailers are doing better than others, a new study has revealed customers find it rather frustrating that retailers discount.
Customers are expected to remain cautious in the lead up to Christmas, with non-essential spending expected to fall as consumer concern about financial security rises.
Consumer sentiment only increased a slight 1 per cent in October from 98.2 in September to 99.2 in October, according to the Westpac Melbourne Institute Index of Consumer Sentiment.
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.
Australians made about $250,000 worth of eftpos transactions almost every minute of every day during the month of July, setting a new record for eftpos transaction volumes outside of the traditionally busy Christmas period.
Retailers are expected to rely on discounting to lift sales this Christmas as selling prices now reach the lowest level in more than two decades, according to the latest Dun & Bradstreet survey.