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Here's what's next for retail in America
Forget Black Friday: Here's what's next for retail in America
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here.
Americans Spend More Black Friday Dollars Online Than in Stores
Sales at brick-and-mortar stores grew just 0.7 percent year-over-year, according to preliminary estimates by payments processor Mastercard, and were lower according to data firm F
US Black Friday spending at stores inches ahead as Americans spend more online
Black Friday spending in U.S. retail stores was muted this year in contrast to a more robust rise online, as bargain-hungry Americans skipped stores in favor of their phones and laptops, according to data from Mastercard and other data providers.
Australia, retail sales
Retail sales hit 17-month high as tax cuts spawn consumer revival
Economists say a strong rise in retail spending in October could show the protracted household spending downturn is over, as tax cuts encourage shoppers to splurge.
Australia's retail sales firm for 3 months as consumer mood brightens
By Stella Qiu SYDNEY (Reuters) -Australian retail sales firmed for a third straight month in October as tax cuts flowed through to wage packets and consumers became more confident that interest rates would not increase again,
Strong Rise in Australia’s Retail Sales Could Dim Rate Cut Hopes
Australian retail rose strongly in October which could further dent hopes of an interest-rate cut from the Reserve Bank of Australia by early next year.
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