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13 January 2021    4 min read Notable ecommerce acceleration and evolving consumer behaviours have changed how retailers conduct business. Ralph Kooi shares the key areas that merchants should focus on for the best ROI when it comes to digital shopping. Australian ecommerce has had unprecedented growth since April 2020. By year’s end, the market came close to hitting growth forecasts that were originally set for five years from now, as more people shop online, more often, for more types of products. Ecommerce is now a bright spot in the Australian economy and a lifeline for consumers who...

Collapsed retailer Australian Fashion Labels finds a buyer but lets go of all staff January 13, 2021 After a tense weekend, Australian Fashion Labels has entered in to an exclusivity arrangement with a buyer for the business’ assets. Marcus Ayres, managing director of administrator Duff & Phelps told  Inside Retail he was unable to secure a buyer for the business as a going concern, nor did he have sufficient financial resources available to him to pursue a recapitalisation. As a result, he needed to terminate all 45 staff on Monday night. “We worked really hard trying to get a buyer t...

ASX retail shares gear up for Christmas boom Miles Wu | December 11, 2020 9:26am | More on: Image source: Getty Images This year the COVID-19 pandemic delivered a blow to many retailers across Australia. Brick-and-mortar retailers have been under pressure from lockdown restrictions, cautious consumer spending and intense competition from online retailing. However, there are signs of a turnaround. Roy Morgan, an Australian market research company, conducted a retail sales forecast with the Australian Retailers Association (ARA) in November. They predict Australians will s...