News & Press: Power Retail News

Aussie Shoppers to Spend $50 Billion this Christmas

Wednesday, 15 November 2017  
Share |

It’s predicted that Australian consumers will spend 2.8% more on Christmas this year, compared to 2016, according to Roy Morgan Research and The Australian Retailers Association (ARA).

This is more positive than that the most recent retail figures released by the ABS which showed substantial sales decline; today’s Christmas sales forecast demonstrates that Christmas sales will be marginally better than recent figures. The biggest sales increase retailers will see is online gift purchases this Christmas shopping period, according to ARA. Read more...