The National Retail Association (NRA) has today thrown its support behind South East Queensland’s bid for the 2032 Olympics...
The National Retail Association (NRA) has today thrown its support behind South East Queensland’s bid for the 2032 Olympics and Paralympics, saying hosting the Games would be a windfall for retail businesses and jobs. NRA CEO Dominique Lamb said the Games would provide a massive boost to the state’s business...
The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for October...
The National Retail Association (NRA) has said that today’s Australian Bureau of Statistics (ABS) retail trade figures for October prove that retail continues to face challenges even as we enter the busy Christmas period. According to the ABS figures, retail remained unchanged in October at 0.0 per cent seasonally adjusted. There...
With barely three weeks until Santa rides into town, the Christmas trade period has well and truly hit full...
With barely three weeks until Santa rides into town, the Christmas trade period has well and truly hit full swing. For the first time ever, it’s anticipated that Black Friday will go down as the busiest day of the year for online sales in Australia. But not all the...
Australians are set to spend more than $50 billion throughout the 2019 Christmas trade period, according to the NRA’s...
Australians are set to spend more than $50 billion throughout the 2019 Christmas trade period, according to the NRA’s Christmas forecasts that we released last week. It has been a trying year for retail and the busy holiday season could not have come quick enough. Throughout 2019 consumers have remained...
As federal election campaigns of parties large and small gather momentum, retailers will be interested in what’s in it...
As federal election campaigns of parties large and small gather momentum, retailers will be interested in what’s in it for them. Hopefully, the May 18 result brings a government with enough balance of power to get cracking on what’s good for the company – and good for retail. In the...
Retail was a big winner in last week’s Federal Budget. Following sluggish sales figures in successive ABS retail trade reports...
Retail was a big winner in last week’s Federal Budget. Following sluggish sales figures in successive ABS retail trade reports it was imperative that measures were put forward to restore consumer confidence. The NRA was therefore very pleased that the Government has pledged to double the low and middle income...
Throughout the history of retail, one thing has remained a constant: the need to remain competitive. A successful business...
Throughout the history of retail, one thing has remained a constant: the need to remain competitive. A successful business model today is not necessarily a match-winner in the future. Being competitive involves mastering a range of factors such as offering a quality product, keeping business costs efficient, as well as...
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...
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 National Retail Association (NRA) has today forecast Aussie shoppers to splash over $17 billion dollars in the final...
The National Retail Association (NRA) has today forecast Aussie shoppers to splash over $17 billion dollars in the final ten days before Christmas. Retailers across the country are busily preparing themselves as Australians finalise last minute Christmas shopping and stock up on festive food for Christmas Day celebrations. NRA CEO Dominique...
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...
There is currently a case before the Federal Court that could have real ramifications for small businesses across Australia. First,...
There is currently a case before the Federal Court that could have real ramifications for small businesses across Australia. First, a bit of background. In August this year the Federal Court found that a casual truck driver previously employed by labor hire company WorkPac was entitled to back pay for...
Earlier this week PayPal released its mCommerce Index which surveyed over 1,000 consumers and 400 businesses. The report contained...
Earlier this week PayPal released its mCommerce Index which surveyed over 1,000 consumers and 400 businesses. The report contained some interesting findings that the retail industry should acknowledge. Rest assured, the NRA has long maintained that traditional bricks and mortar outlets will continue to be at the forefront of the...
It’s no secret we’re addicted to our phones – just think about the panic most of us feel at...
It’s no secret we’re addicted to our phones – just think about the panic most of us feel at the thought of losing ours! While it’s also no secret these little devices have revolutionised our industry, the latest research from Salesforce suggests they are going to play an even greater...
Commsec has released its business sales index report for July 2018 and it is welcome news for the retail...
Commsec has released its business sales index report for July 2018 and it is welcome news for the retail sector. The data – which measures the value of credit and debit card transactions processed via Commonwealth Bank merchant facilities – has seen a July annual growth rate of 16.6...
You have your accounting software. You have a HR system. You have stock control processes in place. You have...
You have your accounting software. You have a HR system. You have stock control processes in place. You have the huge beast that is ‘marketing’, and the monster workload and management needed to support it. There is literally a bottomless pit of software you could implementing across all the aspects...