Retail

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    Retail is a constantly changing, fast-moving sector that plays a major role in Australia’s economy. According to the Australian Bureau of Statistics, as of June 2024, there were approximately 2.66 million actively trading businesses in Australia, many of which operate in the retail space.

    IBISWorld reports that in 2025, the retail trade sector is projected to experience a revenue growth of 3.2 per cent, reflecting its resilience and adaptability.

    So, no matter if you’re running a small boutique or a franchise in a large chain, staying ahead of trends and understanding the market is critical for business success.

    Expert advice for retailers

    In this section, you’ll find expert advice on:

    • Retail trends and insights.
    • Managing stock and suppliers.
    • Boosting sales and customer loyalty.
    • Navigating retail regulations.

    The retail landscape is constantly shifting, influenced by changes in consumer behaviour, tech advances, and economic factors.

    For instance, in recent years, the rise of eCommerce has transformed shopping habits, with many consumers opting to make the switch to online. Additionally, there has been a growing emphasis on conscious consumerism with sustainability and locally-sourced products coming to the fore. Add to this the rise of tap-and-go technology, augmented reality, and the mass adoption of sales events, and you have a sector that is evolving daily.

    Useful articles for retailers

    To help you navigate these changes, check out some of our helpful content:

    Helpful links for retailers

    Want more? Explore our retail business articles for more tips and advice.

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