Retailing Industry

Australia has one of the most advanced retail industries in the world making it a great fit for international retailing. This industry consists of different sectors such as apparel, footwear and accessories, household textiles and the food industry. Australia’s retail industry as a whole total turnover amassed 329.6 billion last year ending with a nine million increase from 2018 (Hughes, 2020). Over the past decade, both brick and mortar e-commerce sales have shown a steady increase. However, due to the recent wildfires that have affected the country’s economy, the apparel industry has seen a twenty eight percent decrease in sales. Other factors include rising sale prices and cost of living expenses (Santorencous, 2020). Although brick and mortar sales have declined, e-commerce sales have helped the industry and continue to rise. As a result, Australia has focused on technology to meet the demand of consumers (Farfan, 2020). The world witnessed shelter in place orders due to COVID-19 and it changed the way many of us shopped and viewed retailers. Australia is taking steps to be ahead of the curve and able to adjust to consumer demands as well as adapt to the changing economy.


 

世界,使其非常适合国际零售。 该行业由不同部门组成,例如服装,鞋类和配饰,家用纺织品和食品工业。 去年,澳大利亚的零售业总营业额达到3296亿美元,比2018年增加了900万(Hughes,2020年)。 在过去的十年中,实体电子商务的销售均呈稳定增长态势。 但是,由于最近发生的野火影响了该国的经济,服装行业的销售额下降了28%。 其他因素包括销售价格上涨和生活费用成本(Santorencous,2020年)。 尽管实体店的销售额下降了,但是电子商务的销售对行业有所帮助,并且还在继续增长。 结果,澳大利亚一直致力于满足消费者需求的技术(Farfan,2020年)。 由于COVID-19,全世界目睹了庇护所的到位命令,并改变了我们许多人购物和查看零售商的方式。 澳大利亚正在采取措施,走在曲线的前列,并能够适应消费者需求以及适应不断变化的经济。