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Australian retail sales rebound in Aug. on warm weather
Australia retail sales rebound by 0.7% in August
Australian retail sales rebounded by more than expected in August after a soft July as unusually warm weather brought forward spring spending, a possible sign consumers are dipping into extra income from recent sizable tax cuts.
Australia’s Retail Sales Jump in August as Weather Turns Warmer
Australian retail sales were much stronger than expected in August as the impact of income-tax cuts in July fed through to spending, while unusually warm weather lifted clothing and cafe sales.
Warmest August since 1910 boosts retail spending
The Australian Bureau of Statistics confirmed it was the warmest August since 1910 which boosted retail spending. Australian Retailers Association CEO Paul Zahra told Sky News Australia “we saw all the summer merchandise going in and we also saw the fact that the weather was warmer” which made retailers “delighted”.
Australian retail sales rebound in August on warm weather
Australian retail sales rebounded more than expected in August after a soft July as unusually warm weather brought forward spring spending, a possible sign consumers are dipping into extra income from recent tax cuts.
Australia Retail Sales Jump 0.7% In August
The value of retail sales in Australia was up a seasonally adjusted 0.7 percent on month in August, the Australian Bureau of
5m
Top retail conferences in 2025
ETail bills itself as a leading industry conference. Launched in 1999, eTail now runs 16 conferences worldwide and calls ...
44m
on MSN
Iconic retail food company closing down, no bankruptcy filing yet
Distressed businesses often file for Chapter 11 bankruptcy to reorganize their operations and financial condition under court ...
1d
America's absurd war on 'organized retail crime'
Target and CVS call them criminal masterminds. Most are homeless or mentally ill.
21h
Babyletto Opens Up A Retail Store In West Hollywood
The opening of the popular brand Babyletto in West Hollywood is about to change things, providing not just a showcase for ...
3h
JPMorgan Set to Woo Canadian Retail Investors With ETF Strategy
JPMorgan Chase & Co. has plans to capture a significant chunk of Canada’s retail-investing market with the launch of new ...
11h
The US could see shortages and higher retail prices if a dockworkers strike drags on
U.S. ports from Maine to Texas shut down Tuesday when the union representing about 45,000 dockworkers went on strike for the ...
1d
California Clampdown on Retail Theft, Drug Crimes Wins Backing of Over 70 Mayors
A California ballot measure to crack down on store theft and drug crimes is heading to the polls with support from big ...
WTKR
22h
Retail Alliance Releases New Study for Small Business
HAMPTON ROADS, Va.—
Retail
Alliance has just released its 2024 study on the state of the
retail
industry and it revealed some interesting findings about the state of small businesses. The study ...
6d
Salt Life apparel brand to close 28 retail stores after bankruptcy auction
Dozens of Salt Life retail locations are closing across the country after the fashion retail chain was sold at a bankruptcy ...
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