Holding a sales event to boost revenue is a tactic as old as retail itself. However, choosing a strategy...
Holding a sales event to boost revenue is a tactic as old as retail itself. However, choosing a strategy around when to do it and what items to put on sales is an art form easier said than done. Variables such as trends, changing customer behaviour and the general economic...
Australia has one of the most complex, confusing and challenging industrial relations systems in the world. Navigating it can...
Australia has one of the most complex, confusing and challenging industrial relations systems in the world. Navigating it can be difficult for an expert, never mind a hard-working retailer who doesn’t have a background in employment law. However, as we have seen with a few recent cases via the media,...
In business, it is critical to keep in touch with your customer base. Regardless of what section of retail...
In business, it is critical to keep in touch with your customer base. Regardless of what section of retail you’re in, from time-to-time you are required to adjust your business practices to keep up with the evolving demands of consumers. Adapting your business to these changes is one thing, but...
Running and operating a small business comes with many challenges - ensuring you have the right balance in staff...
Running and operating a small business comes with many challenges - ensuring you have the right balance in staff numbers, understanding Australia’s complex industrial relations system, and navigating tough economic times to name just a few. That’s why it’s vital that governments (at all levels) enact measures that make running...
For many NRA members, the start of the school year provides a great sales boost coming straight off the...
For many NRA members, the start of the school year provides a great sales boost coming straight off the back of the Christmas and New Year trading period. Recent estimates, including analysis done here at the NRA, shows back-to-school trade is now worth between $1.7 billion and $1.8 billion....
The first Australian Bureau of Statistics (ABS) retail report for 2019 has been released and the news was relatively...
The first Australian Bureau of Statistics (ABS) retail report for 2019 has been released and the news was relatively positive. The report, which measured sales for November 2018, revealed a solid performance for the sector and we hope that this was the case for you and your business. According to...
I hope the New Year's dust has settled and you're starting to get back into the swing of things....
I hope the New Year's dust has settled and you're starting to get back into the swing of things. I wanted to let you know about an exciting event called Retail Week, which is less than two months away! It runs from Monday February 25 right through until Friday...
Welcome to 2019! As you would have all experienced yourselves, Christmas 2018 was another busy and successful one for retail. Both...
Welcome to 2019! As you would have all experienced yourselves, Christmas 2018 was another busy and successful one for retail. Both the Christmas trade period and Boxing Day saw record sales figures as shoppers flocked to stores across the country. This was most welcome considering that 2018 had been a relatively...
The Australian retail sector has now well and truly turned into the final strait before Santa rides his sleigh...
The Australian retail sector has now well and truly turned into the final strait before Santa rides his sleigh into town and the NRA is forecasting it to be a sales bonanza. As revealed last week, the NRA is predicting Australians to splurge over $17.8 billion in the 10 days...
It’s hard to believe that we are now just two weeks away from Christmas Day! I know that many...
It’s hard to believe that we are now just two weeks away from Christmas Day! I know that many of you are in full swing as you enter the most frantic part of the festive season, so I’ll keep this week’s message brief. Last Thursday the ABS released its October...
As the second largest employer of any industry in Australia, and the largest employer of young people, the retail...
As the second largest employer of any industry in Australia, and the largest employer of young people, the retail sector has a crucial role to play in the Australian economy. A strong retail sector means more jobs for more Australians, not to mention better access to goods and services for...
With the fast-changing nature of the modern retail environment it is critical that the NRA stays in front of...
With the fast-changing nature of the modern retail environment it is critical that the NRA stays in front of all emerging trends. Part of this means having both relevant and broad representation in our organization’s leadership that understands fully the key issues facing retail and how to best navigate...
Last week the NRA unveiled our sales projections for the Christmas trade period. For the first time ever, we can...
Last week the NRA unveiled our sales projections for the Christmas trade period. For the first time ever, we can forecast that Australians are set to splurge over $50 billion on retail sales between now and Christmas. The festive season is not only the busiest time of the year for retail,...
The Australian retail sector is now just days away from the commencement of the official Christmas trade period, encompassing...
The Australian retail sector is now just days away from the commencement of the official Christmas trade period, encompassing the second half of November and all of December. In recent weeks I’ve used the CEO column to provide helpful hints on how to maximise sales and ensure that your business...
Another week has come and gone in the retail world, and with it we are one week closer to...
Another week has come and gone in the retail world, and with it we are one week closer to Christmas 2018. In last week’s NRR we outlined five key areas that retailers of all shapes and sizes should pay close attention to in order to maximise Christmas sales. In the...
It’s hard to believe that we are now less than two months away from Christmas. The difference between a good...
It’s hard to believe that we are now less than two months away from Christmas. The difference between a good Christmas and a bad Christmas can be crucial to the viability of a retail business. A strong festive season can not only provide a strong injection of profit, but also...