Smart Office

Oz Retail Turnover Up In February – Before COVID-19 Really Hit

SYDNEY: Australia’s retail turnover rose by 0.5 percent in February 2020, but online sales hit 6.6pc, according new Australian Bureau of Statistics (ABS) figures. This followed a fall of 0.3pc in January, and a decline of 0.6pc in December 2019. “Retailers reported a range of impacts from COVID-19 in February, with increases in food retailing … Read more

Online Retail Spending Jumps As Traditional Store Sales Droop

Electrical and electronic goods retailing across Australia experienced a small downturn in April while most other household goods trading rose, according to the latest retail trade figures from the Australian Bureau of Statistics. The ABS figures show in-store electrical and electronic goods retailing was down 0.1 percent in April. Online retail was doing rather better, with … Read more