Latest Retail Sales Figures Show Improvement

This week’s sales data has shown signs of positive improvement across all sectors, but conditions still remain somewhat volatile in the weeks since the Federal Budget was released. Retail sales improved overall by 5.65%, with Furniture & Homewares the stand out performer with an increase of over 9%. It remains to be seen if this positive trend will continue into subsequent weeks, or whether consumers will buy into the post-budget doom and gloom.Visit the Australian Retail Index for the week's full results.Myer is one retailer who has decided to postpone their usual sale until 18 June (rather than launching this as they normally would in early June) while presumably waiting for a more favourable consumer sentiment to surface. It is worth noting that retail sales are still in a better position now than they were at the same time last year.Visit www.retailexpress.com.au or call 1300 732 618Aaron Blackman is the CEO of Retail Express. Follow Aaron on Google+Looking to fast track your growth with a smarter Retail POS System? Contact the Retail Express team today on 1300 732 618.

Deliver the best customer experience across all channels

Cut down on the duplicate work and meet your customers wherever they are. Reduce lost sales and double your margins with Retail Express.

“The greatest power from Retail Express is the reporting. It allows us to be fully informed when we are making tough decisions that could have a big impact.”
— Gregg Hagen, Cactus Outdoor • 2 Stores

Get started with a free demo

Suggested reading

Get the latest retail practices delivered straight to your inbox.

If you’re a retailer looking to stay updated about the industry, the Retail Express newsletter is a must!
— Nick Dempsey, Business Owner, Worklocker

Keep up with industry updates

We hate spam too, we’ll only send you relevant content.