PRE-CHRISTMAS shopping may be wrapping up tonight but retailers are preparing for another day of mammoth sales on December 26 with $2.072 billion expected to be spent on Boxing Day alone, representing a year on year increase of $72 million.

Despite New South Wales (NSW) being tipped to experience the highest levels of growth in post-Christmas sales between Boxing Day and 15 January 2015 (4.2 percent), Victorians are predicted to spend more than any other state on Boxing Day itself.

Victorians are tipped to spend at least $682 million on Boxing Day – out-shopping all of the other states including NSW ($584 million) and Queensland ($374 million).

ARA Executive Director Russell Zimmerman said it was obvious that ludicrous regulations to trading hours in some states, including NSW, have had a major impact on these projected Boxing Day sales figures.

“NSW is Australia’s most populous state, and yet Victoria easily takes the cake when it comes to expected Boxing Day sales. This equals a $98 million loss of trade to NSW retailers, with absurd and outdated trading restrictions largely to blame.

“The ARA is extremely concerned that retailers in some states across Australia are disadvantaged by restrictive reading hours that prevent them from opening their stores on Boxing Day.

“Consumers can buy online 24/7 but many bricks and mortar stores are still unable to open on, what is for many, the largest trading day of the year. We urge the government to review these restrictions as soon as possible.

“On a more positive note, those retailers that are preparing to open on Boxing Day are feeling very confident. If sales continue like they have over the past few days, the ARA and Roy Morgan Research predicated post-Christmas figure of $16.1 billion will certainly be exceeded,” Mr Zimmerman said.

Australian shoppers (aged 14 and older) are tipped to spend an average of $850 each from Boxing Day through to 15 January 2015, representing year on year growth of 3.6 percent.

ARA predicted Boxing Day spend (broken down by state):

 
ARA/Roy Morgan Research figures – post-Christmas retail sales: 

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Since 1903, the Australian Retailers Association (ARA) has been the peak industry body representing Australia’s $265 billion retail sector, which employs over 1.2 million people. The ARA ensures retail success by informing, protecting, advocating, educating and saving money for its 5,000 independent and national retail members throughout Australia.

Visit www.retail.org.au or call 1300 368 041.

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WITH only two days left before Christmas, retailers can expect stampedes of last minute shoppers to hit stores across Australia today and tomorrow – bringing the pre-Christmas shopping period to an end which has seen $45 billion spent since mid-November.

The Australian Retailers Association (ARA) has also released its projected figure for retail sales on Boxing Day, with a whopping $2.072 billion expected to be spent on 26 December alone – a year on year increase of $72 million.

ARA Executive Director Russell Zimmerman said if Boxing Day 2013 was anything to go by, retailers are in for another successful day of sales this Friday.

“Boxing Day 2013 saw unprecedented crowds, with many stores forced to restrict entrance due to the sheer number of people already in store. Many shoppers spent hours waiting in lines – lining up to get into the store as well as lining up to make their purchases.

“While retail staff do a fantastic job of preparing for their Boxing Day sales, the ARA does encourage shoppers to remain patient and understanding if they plan to hit the shops this Friday.

“Overall, the fact that Boxing Day sales are set to increase by $72 million this year is a fantastic sign for the retail industry. The ARA does have remaining concerns, however, that some retailers in some states across Australia are disadvantaged by restrictive reading hours that prevent them from opening their stores on Boxing Day. We urge the government to review these restrictions as soon as possible,” Mr Zimmerman said.

Looking ahead to the post-Christmas shopping period as a whole (from 26 December to 15 January 2015), Australian shoppers aged 14 and older are tipped to spend an average of $850 each, representing a total of $16.1 billion in post-Christmas retail sales.

• PRE-XMAS: Shoppers expected to spend $45 billion from 15 November – 24 December ($2,370 per person and year on year increase of 4.3%)
   
• POST-XMAS: Shoppers expected to spend $16.1 billion from 26 December -15 January ($850 per person and year on year increase of 3.6%)
   
• BOXING DAY: Shoppers expected to spend $2.072 billion on Boxing Day (an increase of $72 million year on year)

Since 1903, the Australian Retailers Association (ARA) has been the peak industry body representing Australia’s $265 billion retail sector, which employs over 1.2 million people. The ARA ensures retail success by informing, protecting, advocating, educating and saving money for its 5,000 independent and national retail members throughout Australia.

Visit www.retail.org.au or call 1300 368 041

THE Fair Work Ombudsman’s Small Business helpline has received more than 150,000 calls since it was established in December last year.

The priority service was created following a Coalition election commitment to provide quick and reliable information to small business operators around Australia.

Minister for Employment, Senator Eric Abetz said it was essential that small business operators had access to reliable workplace relations advice.

"With more than 150,000 calls in a year, the Small Business Helpline is assisting thousands of hardworking small business operators,” Minister Abetz said.

Minister for Small Business Bruce Billson MP said he regularly spoke with small business operators who were after information to assist them in their daily operations.

"Small business operators want to do the right thing and that’s why it’s so important we give them the right tools to help them, such as this priority helpline,” Minister Billson said.

Small business operators mainly called for assistance and information on wages, modern awards and conditions of employment under the Fair Work Act.

Small business operators can call the dedicated Small Business Helpline on 13 13 94.

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AUSTRALIAN shoppers (aged 14 and older) are tipped to spend an average of $850 each from Boxing Day through to 15 January 2015, representing a total of $16.1 billion in post-Christmas retail sales.

New research released by the Australian Retailers Association (ARA) and Roy Morgan revealed the figure of $16.1 billion represents an estimated year on year growth of 3.6 percent.

ARA Executive Director Russell Zimmerman said with only one weekend left before Christmas, shoppers are expected to flock to their local shopping precincts this Saturday and Sunday as well as early next week to purchase last-minute gifts.

“While plenty of Australians will complete their Christmas shopping for loved ones this weekend or early next week, many will hit the shops again come Boxing Day in hope of bagging a bargain or two for themselves.

“The post-Christmas shopping period is as equally as crucial as pre-Christmas preparations, and we congratulate those retailers who are working hard to prepare their stores, websites and staff for a chaotic (and hopefully successful) sales period from December 26.

“The festive sales period doesn’t just continue in the stores; there are also many shoppers who will be enjoying the sales from their living rooms. Some retailers are expected to start their Boxing Day sales as early as Christmas Eve this year.

 “This year, the hospitality sector shows the highest level of predicted growth at 6.7 percent. This is to be expected with most people on holiday from late December and looking to go out and socialise with friends. New Years Eve celebrations also provide a major boost to the hospitality sector.

“Household goods are also set to experience a small but significant jump in post-Christmas sales, indicating that gift buying will be replaced by shoppers making the most of Boxing Day sales and splurging on household items for themselves. 

“It’s fantastic to see that all states and territories are predicted to experience positive growth post-Christmas, ranging from 1.2 percent (ACT) to 4.2 percent (NSW). After what has been a tough year in business, the ARA is hopeful this positive trend will continue into 2015,” Mr Zimmerman said. 

Since 1903, the Australian Retailers Association (ARA) has been the peak industry body representing Australia’s $265 billion retail sector, which employs over 1.2 million people. The ARA ensures retail success by informing, protecting, advocating, educating and saving money for its 5,000 independent and national retail members throughout Australia.

Visit www.retail.org.au or call 1300 368 041.

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