From Harris Scarfe and Bardot to Curious Planet and Jeanswest, the retail industry in Australia has experienced a difficult start to 2020, with multiple store closures leading to a so-called ‘retail bloodbath’. But while the closure of big-box retail stores is a cause for concern, driven by a robust, inspiring and innovative independent retailer sector… Read more »
From fashion and footwear to furniture and electronics, small retailers across Australia are earning significantly more per sale than most other global markets. Australia’s independent retailers average the second highest turnovers in the world, only outranked by their US counterparts.
New Zealand retail management software company, Vend has announced a new partnership with Aussie e-commerce platform BigCommerce. The move will give 1000s of independent retailers across Australia access to more customers and improve day-to-day operations for small business owners hoping to attract global customers through social and online channels. Vend Country Manager for Australia, Dave… Read more »
While the Grand Final boosted Melbourne’s population considerably over the weekend, despite increased foot traffic, retail sales dropped by 33 per cent as single-minded fans flocked to the footy. While a public holiday can mean an increase in sales for retailers, data from leading retail software company Vend has found that retail sales on the… Read more »
Vend’s inaugural retail benchmark report has revealed the monthly revenue of Australia’s independent retailers over the past 12 months was 18 per cent higher than the global average. The report compared data from over 13,000 retailers, with a particular focus on Australia. Vend found Australian retailers’ average monthly revenues were also 17 per cent higher… Read more »
The future is bright for Australia’s small retailers who can keep up with the needs of the modern shopper. It is not the beginning of the end. Or the death of retail. If you take a minute to look, you’ll see that retail in Australia has never been more vibrant or more exciting, with growing independent stores, more… Read more »