MYR General Discussion, page-125

Although knowing the 'unique visits' to sales conversion ratio, and the median value of a sale would be even better, that was excellent research Token83.

Encouraging.

Today, the ABS said re retail sales in November 2023:

(from 'The Australian' online):

"Black Friday spending on clothes and at department stores saw retail turnover jump more than expected to its biggest one-month gain in 2023.

It’s the best monthly result since November 2021, when retail sales lifted 5.8 per cent in response to the lifting of pandemic restrictions.

Data from the Australian Bureau of Statistics (ABS), released on Tuesday, shows total retail turnover rose 2 per cent in November, compared to fall of 0.4 per cent in October.

The result nearly doubled the 1.2 per cent increase that markets had expected prior to the release of official data...

...There were rises in all retail industries in November, but it was spending on discretionary goods boosted by Black Friday sales that drove most of the increase.

Household goods retailing rose 7.5 per cent, followed by department stores (4.2 per cent); clothing, footwear and personal accessory retailing (2.7 per cent); and other retailing (1.1 per cent)..."

Again, pleasing although the major cautions are 'how will it look going forward' and 'sales growth at very few retailers would be matching inflation, so sales in real terms are declining'.