Early credit card spending data from Commonwealth Bank indicates that Australian retailers enjoyed a strong Black Friday sale, with spending more than doubling this year as compared to last year. Well-above average sales were recorded across the whole weekend through to Cyber Monday. “A sample of our credit card data
November sales delivered strong growth for online retailers and payment providers, as consumers increasingly use their smartphones to shop. Following Black Friday Ruslan Kogan, CEO of Kogan said in 2019 shoppers spent $9.8 million in 24 hours on the site he founded, compared to $5.4 million in the previous year.
This week Australian retailers of all varieties are offering Black Friday discounts, but the growing popularity of the sale, which originated in the US, has created new competitive pressures for local retailers. The drive for these types of sale events came originally from the retailer according to David White, national
Most consumers who shop on Black Friday and Cyber Monday are increasing the size of their orders every year according to new research from CouriersPlease. The study showed 66 per cent of Aussies who shopped on either Black Friday or Cyber Monday are growing their orders yearly. Only one third
For the upcoming holiday season, Adobe predicts online sales will increase 14.1 per cent to US$143.6 billion. The prediction, made by Adobe’s “Sensei” AI and machine learning technology, claims the holiday bump will help US total retail spending, both online and offline, grow 4 per cent. According to Adobe, one
New statistics from Australia Post show the biggest online shopping week is now in November as Black Friday and Cyber Monday sales become even more popular with consumers. According to the Australia Post 2019 eCommerce industry report, Inside Australian Online Shopping, the two significant shopping events, Black Friday and Cyber
Retail data shows sales fell in December after a strong performance in November, driven by online shopping events. Online sales dropped 1.4 per cent from November to December, according to NAB’s Online Retail Sales Index, while ABS figures showed overall retail spending declined 0.4 per cent in December. This is
Black Friday sales helped lift Australian retail spending in November, as online retail continues to gradually take a larger share of overall spending. In November 2018 online sales made up 6.6 per cent of total retail sales, according to figures from the Australian Bureau of Statistics (ABS) released on Friday.
The arrival of Black Friday and Cyber Monday has brought back into focus the demands faced by retailers during the busiest time of the year, especially around click & collect. Sign up for Which-50’s Irregular Insights newsletter The multi-channel nature of click & collect poses challenges to retailers who have
After a blockbuster weekend of sales, Cyber Monday 2018 was the largest online shopping day of all time in the US. According to Adobe Analytics, Cyber Monday generated $7.9 billion in online sales, a 19.7 per cent increase year-over-year. While Black Friday sales increased 23.6 per cent compared to last