The positive sales growth in the Fashion & Accessories sector has continued, with an increase of 3.32% from the previous week, which extends the positive trend in this sector to the last 3 weeks in a row. The positive sales growth for Overall sales came to an end this week, with growth reducing by 2.08% compared to the previous week.
Based on Overall sales figures from 2013, we would expect that sales growth to continue to remain flat in all sectors over the upcoming week. It remains to be seen what affect the recently released budget will have on Retail sales across Australia.
See all of the results from the Australian Retail Index, the only weekly summary of Retail Sales growth in Australia.
Visit www.retailexpress.com.au or call 1300 732 618
Aaron Blackman is the CEO of Retail Express. Follow Aaron on Google+
Topics Covered: All
Date of Post: 2014-05-19