The Latest News, Insights & Trends in Retail
Delve into the latest in store closures, start-ups, shifts, and opinions on the future of retail.
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Spending On Thrills: Aussies' Retail Revelry
Amid economic challenges, Aussies prioritise experiential spending over possessions. Younger generations lead, embracing shared adventures despite constraints. Businesses leveraging shareable experiences stand to engage diverse audiences and drive sales in the evolving Australian retail landscape.
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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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Swiftonomics aka Taylor Swift's impact on U.S. retail and the economy: can she save Australia next?
Dubbed "Swiftonomics" or "Taylornomics," Taylor Swift's remarkable success isn't confined to her music career. Her Eras Tour, which spans 146 concerts across 19 countries in 2023 and 2024, is making waves in terms of ticket prices, fan attendance, and revenues. So, what does this mean for Australian Retail when the tour hits our shores in 2024?
Subscribe to the RetailOasis Newsletter for the most up to date retail news & trends. We’re thought-leaders in the retail industry.
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