retail

Retail turnover rose 0.2 per cent in September 2018, following a 0.3 per cent increase in August, according to the Australian Bureau of Statistics.

Victoria has taken top billing in CommSec’s quarterly State of the States report due to strong construction activity and the lowest rate of joblessness in a decade.

The food and beverage sector is behind a resurgence of market growth within the retail industry, according to new research from commercial real estate services company, CBRE.

A new CEO has been appointed at Clark Rubber Franchising.

The latest retail spending figures from the Australian Bureau of Statistics (ABS) show a rise of 0.3 per cent, making it the weakest back-to-back results for 2018, despite being up slightly on market expectations.

Retailers across the Asia-Pacific region are increasingly seeing international expansion as a viable business strategy, accounting for nearly one-third (30 per cent) of new entrants into the region compared to 17 per cent four years ago, according to a report by property-firm CBRE.

Business conditions improved through the month of August, though the retail industry continues to lag behind, according to NAB’s monthly business survey for the month of August.

A new retail precinct in Western Australia will open later this year, following a population boom in the area.

Online retail spending has seen strong growth in June, according to Commonwealth Bank’s recently released Business Sales Indicator (BSI).

Two-thirds (66 per cent) of retail employers will give their staff a pay rise of less than 3 per cent in their next review and 10 per cent will not increase salaries at all, according to the 2018-19 Hays Salary Guide.