Furniture makes a big come back in October retail sales
All retail sectors are feeling the boost of changing seasons and summer trade kicking in this October with an overall growth of over 27% across the board compared with last month. October 2016 VS September 2016
This comes a major relief as September saw a slump for most sectors with Furniture being the greatest hit with a drop of 4% last month compared with last year. Sporting was the winner last month and displayed continual improvement in October with 24% growth on it’s well performing month of September.
Sporting leads the way
Across Australia, all verticals experienced a positive upward trend with Sporting leading the way at over 28% growth compared with the same period last year. Fitness and sporting stores including, bike, surfing and fishing stores were all big winners as the change in weather pushed Australians to the outdoors. October 2016 VS October 2015
All sectors on the rise
Furniture was close behind with 23% growth far exceeding it’s performance last month.A fairly similar trend was seen across each and every state with Fashion trumping all other sectors bringing home over 30% growth in Victoria.The fast approaching Christmas season has the Australian consumer preparing early for December this year as the tell tale decorations take their place in department stores across the nation.Written by Aaron Blackman CEO of Retail Express. Retail data drawn from the AustralianRetailIndex.com.auWant to grow your sales?Retail Express POS software helps over 3000 retailers across Australia, New Zealand and the UK regain the clarity and control they need to grow their business. Find out more.Looking to fast track your growth with a smarter Retail POS System? Contact the Retail Express team today on 1300 732 618.