Search Businesses For Sale|Add Listing|Valuation Appraisal

Australian Online sales continues to accelerate

Apr 21, 2013
The latest reports from some of Australia's largest online retailers show 30% growth in online sales whilst sales at their bricks and mortar store locations flounder.
The NAB's latest Online Retail Sales Index shows sales grew to $13 billion over the past 12 months, and is predicted to continue its ecsaleration to 27 billion by 2016.
Harley Young from believes that online sales are now becoming a larger proportion of retail spending here in Australia.

"Now is the time for smaller businesses to compete head-to-head with the big end of town as never before has the playing field been so evenly matched," he said.

As retail giants find their feet in the online space so too are smaller online retailers hitting their straps with the whole sector enjoying continued growth.
Log in
Business Sales Password password retrieval Remind