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Retailers reaping the benefits of Aussies keen to spend up

Article image for Retailers reaping the benefits of Aussies keen to spend up

Retailers are reaping the benefits of Australians looking to splash the cash in the lead-up to Christmas.

CEO of the National Retail Association, Dominique Lamb, said Australians were eager to spend and celebrate, in a win for retailers.

“The next two weeks are going to be massive,” she told Scott Emerson.

“We know that Australians this year are set to spend $52.3 billion nationally in store.

“We know people are definitely getting out and about and spending money, and that they have been stockpiling money … we know people are now planning for events.

“People are no spending money on things like apparel and discretionary items … there seems to be a societal need to celebrate something and partake in Christmas this year.”

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Image: Getty

Scott Emerson
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