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Retail, The Future of Retail Madeline Kulmar Retail, The Future of Retail Madeline Kulmar

Black Friday and Cyber Monday Predictions for 2023

The significance of Black Friday and Cyber Monday (BFCM) sales events continues to grow in Australia's retail landscape. With predictions indicating a 3.0% increase in spending for the upcoming BFCM weekend, totalling $6.36 billion, consumers are eagerly awaiting the bargains and discounts these events offer. Despite a flat trend in e-commerce growth and heightened budget scrutiny among shoppers, the convenience factor remains paramount, especially as logistics challenges persist within the retail sector.

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5 Observations from the Shopping Centre

Thanks to COVID, the idea of a shopping centre visit, as an activity or general browse, has been challenged and now the customer may think twice before heading out for a shop. 2020 saw many changes in behaviour across society. Fundamental norms no longer exist. So how has the centre shifted in our psyche, a year after our lives changed.

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