Australian retail news
Australia Post confirm Net Zero delivery date of 2050
National postal service Australia Post has today announced its formal commitments to the Australian government’s Net Zero by 2050 climate goals, becoming the first Commonwealth Government Business Enterprise to sign on to the target.
Vacancies in retail soar as Christmas crunch approaches
Despite a decline in overall job vacancies, data released by the Australian Bureau of Statistics last week show vacancies in retail have grown by almost 15 percent since May of this year, as online retail giant Amazon joins many in preparing for a considerable recruitment push ahead of the festive season.
Cyber attacks cost retailers millions and lessons from a ‘PR Nightmare’
Fallout from the historic Optus data breach continues to be acutely felt, with the full extent of the damage to Optus’ brand credibility as a result of the cyber attack unlikely to be known for months or even years to come. Meanwhile, consumers and retailers alike are warned to be vigilant as Black Friday events are predicted to see a rise in instances of online scam attempts.
Good news, bad news for online retail at the petrol pump
Fuel prices are set to rise again across Australia, as the Government’s Fuel Excise cuts have expired, opening the door again for the cost of petrol to shoot back up to punishing levels for consumers. The news for online retail, however, may not be all bad - as out of necessity consumers increasingly turn to online shopping as a method of saving on fuel costs.
Premier Retail report strong FY22 results driven by online sales growth
Premier Investments, whose portfolio includes fashion retail brands such as Just Jeans, Peter Alexander and Jay Jays, have announced to investors the investment group’s FY22 results - celebrating a net profit gain of more than $280 million driven especially by online sales for the company’s brands seeing particularly strong growth across the course of the financial year.
Retail climbs but consumers face uphill battle, figures show
New figures released today show Australia’s retail turnover saw an increase of 0.6 percent in August, making it the eighth consecutive month to see such growth.
Are Australians Feeling More Confidence? Data Suggests Yes
Confidence across Australia has rebounded, gaining back the loss it experienced last week. According to Roy Morgan, consumer confidence levels have experienced their biggest weekly gain in the entirety of 2022.
Booktopia’s Shares Just Skyrocketed – Here’s Why
Online book retailer, Booktopia, recorded a 12 percent increase in its share price on Monday morning. What has driven this uplift, and is it here to stay?
Australian Consumers Reach Lowest Confidence Rating for a Month
Australians are feeling the pinch, with the lowest recorded consumer confidence rating in a month.
Australian Spending and Confidence Heavily Impacted by RBA Interest Increase
The confidence amongst consumers in Australia has dropped 6.6 points as the RBA increases interest rates by 0.5 percent.
Shopify BFCM Sales Reach Record Breaking $9.3B USD Globally
Shopify merchant data reveals record breaking Black Friday and Cyber Monday highlights globally and in Australia.
Mys Tyler Launches Innovative AI Stylist Feature
Fashion Startup Mys Tyler has unveiled its new generative AI feature. We spoke to founder and CEO Sarah Neill to find out more.
BNPL Legislation Delayed
BNPL industry regulations will not be brought into law this calendar year as the government delays the process into 2024.
Solving the Major Challenges Faced in Omni-channel Retail
The omni-channel experience introduces new challenges. Retailers need to focus on three critical optimisations to ensure a frictionless customer experience.
Key Takeaways from BigCommerce’s 2023 Customer Experience Report: What Online Shoppers Want from Brands
We identified three key strategies for retailers to meet — and exceed — shopper expectations going into peak season from BigCommerce’s 2023 Customer Experience Report: What Online Shoppers Want from Brands.
The Rise of Delivery Choices – What consumers want and how to exceed their expectations
HUBBED compiles three valuable insights on consumer preferences and expectations on their post purchase parcel delivery experience from its recent report, The Rise of Delivery Choices.
