The retail industry has felt the pain after a tough Federal Budget hit consumers’ hip pockets, latest figures show.Sales across the retail sector slumped 5.1 per cent in the week after the Abbott Government’s first Budget, according to the new Australian Retail Index.The index data, compiled by advisory firm BDO and software provider Retail Express, show a sharp reaction from consumers after a Budget that included higher taxes and welfare cuts.The slide was driven by a dramatic plunge of more than 20 per cent in the fashion and accessories category, as shoppers cut back on discretionary spending.Read the full article here >>>Looking to fast track your growth with a smarter Retail POS System? Contact the Retail Express team today on 1300 732 618.
How The Federal Budget Affected Retail
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Jan 10, 2022
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We make switching to cloud POS easy
Our Retail Express onboarding and support team have all had professional experience as retailers and know the challenges you face. That's why it's our priority to ensure switching to our cloud-based POS software is easy.
- Personal Support Manager: You'll have your own Australian-based Personal Success Manager who'll guide you through the process step-by-step. All costs included. They'll help format and import your data, get you up and running, guide you with your hardware and help with everything associated with set-up.
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