Retail sales drop in July and Kaufland plans to open 20 stores in Australia. Get a healthy dose of news as we uncover the day’s top stories in e-commerce and retail.
Retail Sales Stall in July says NRA
According to the National Retail Association, retail has dropped in July. According to NRA’s CEO, Jacquie Lamb, retail turnover dropped 0.1 per cent in the first month of the FY. “The July results are not good news for retailers, we were hopeful of far better figures following a strong sales performance for June,” explained Ms Lamb. “A drop in turnover shows that consumer confidence remains stubbornly low, despite measures such as the personal tax cuts and reduction in interest rates. It’s important during this period that people support retailers, particularly local small businesses, as we begin the march towards Christmas.” According to the NRA, there were falls across four industries – ‘Cafes, restaurants and takeaway services (-0.6 per cent), Clothing, footwear and personal accessory retailing (-1.0 per cent), Other retailing (-0.4 per cent), and Department stores (-0.2 per cent)’.
“Retail is one of the largest sectors in Australia and the biggest employer of young people, so it’s importance to the overall economy cannot be overstated,” explained Ms Lamb. “The NRA urges Aussie shoppers to not shy away from spending any extra money they’ve received in tax cuts or the drop in interest rates at their local retail outlet.”
Russian E-Commerce Market Grows 26 Per Cent
The Russian e-commerce market has grown 26 per cent YoY, according to Vedomosti Daily. Some of the Eastern European country’s e-commerce retailers have almost doubled its orders, such as Wildberries, who hit 44 million. Online orders have risen to 191 million in the last calendar year, making online sales lifting 44 per cent. “Data Insight notes that the growth of largest platforms has not yet cannibalised the business of smaller players, as the other 500 largest retailers also increased the orders by 21% on average, with the growth rate accelerating from 14% seen in 2018,” noted bne Intellinews.
Kaufland Plans to Open 20 Stores in Australia
German supermarket, Kaufland, is set to open more than 20 stores throughout Australia, reports say. There are currently three stores in Australia, one in Dandenong, Epping and Chirnside Park, which were announced in March. There are plans to open another six in South Australia and Victoria. “We are committed to long term, sustainable investment in Victoria and we are delighted to be exploring opportunities in both metropolitan and regional communities,” explained Julia Kern, Kaufland Australia’s Managing Director. “Our aim is to deliver our values of quality, simplicity, variety and price throughout Victoria and Australia.”
Laura Kleiman Appointed as Head of E-Commerce at Crimtan
Crimtan, the Australian advertising company, has hired Laura Kleiman as its new Head of E-Commerce for Australia and New Zealand. Ms Kleiman was previously the Senior Sales Manager at Gum Gum, but will now be responsible for ‘driving Crimtan’s business strategy and helping retail marketers increase customer experiences and lifetime value’. “We are excited to have someone with Laura’s experience and relationships to help us show Australian retailers how they can drive incremental revenue in the most competitive retail conditions that we have ever seen,” said Tara Crosby, Crimtan’s Managing Director Japac.
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