It’s a guilty addiction we all subscribe to and it’s helping the major retailer thrive despite the sector’s gloomy forecast.
in the first month of the decade is nothing new or unique for the sector, according to Mr Murray.
“We’re one of them and I’d like to think this result is testament to being focused on our costs, being measured in our investment and continuing to deliver to our customers. Online sales in Australia lifted 18.3 per cent to $170.8 million — representing 6.3 per cent of total sales. “Even if you look in the US where 20 per cent of shopping is online, that still means 80 per cent is in store.”“Sometimes they have low involvement purchases and they couldn’t care less they just want that cable delivered, and we need to make sure we deliver that efficiently and effectively and in a low cost manner.
Dr Mortimer says the increased cost of living has forced Australians to be more frugal and discretionary retailers have run into trouble as a result of this.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huge storm closes in on AustraliaA tropical cyclone gathering strength in the Coral Sea is powering towards Australia.
Read more »
Shop owner's workplace death sparks community call to arms to keep store runningWhen Bob Horn was tragically killed in a workplace incident at his shop, Nambour Produce, last week, his family could have very easily just shut up shop.
Read more »
'Uncomfortable' Parasite's Oscar victory is thrilling, deserving and astonishingOpinion: A group representing some of the most privileged people on earth has presented the golden statuette of legend to a film about a poor family of hustlers, writes Sydney Film Festival director Nashen Moodley
Read more »
The Great Australian Dream is keeping the economy weakThe authorities have had little success at pushing the economy along. The Reserve Bank governor thinks he knows why.
Read more »
The Great Australian Dream is keeping the economy weakUntil the global financial crisis in 2008, we were used to an economy that, after allowing for inflation, grew by about 3% a year. Not any more
Read more »
Spacecraft lifts off on mission to take first-ever photos of Sun's polesThe $2.2 billion Solar Orbiter will join NASA's Parker Solar Probe, launched 18 months ago, in coming perilously close to the Sun to unveil its secrets.
Read more »