Tag: e-commerce

Coles sales rise, profits drop

Coles has released its FY24 half-year results, with Group sales revenue rising by 6.8% to $22.2 billion and net profit falling 3.6% to $594 million. Supermarkets Supermarket revenue increased 4.9% to $19.8 billion....

Retail dominates top websites and apps in 2023

While retail-related companies dominated Australian audience growth in the top 100 consumer websites and apps in 2023, Open AI, owners of ChatGPT, topped the list by Ipsos iris. Following Open AI was Temu,...

Australian e-commerce leads the charge in mass AI adoption

Salesforce has released its latest ‘State of Commerce’ report in collaboration with the Australian Retailers Association (ARA) revealing four in five Australian e-commerce businesses are already harnessing the power of artificial intelligence...

Woolworths releases first quarter results

Woolworths has released its 2024 first quarter results, with Group sales revenue increasing 5.3% to $17.22 billion. Across the retailer’s Australian food division, total sales increased 6.4% to $13.1 billion. “Importantly for our customers,”...

Coles records 3.6% increase in first quarter sales

Coles has released its 2024 first quarter results, with Group sales revenue increasing 3.6% to $10.25 billion. The retailer’s supermarkets recorded sales revenue of $9.2 billion during the first quarter, an increase of...

E-commerce retailers must consider both convenience and value to succeed

After significant growth in peak pandemic years, Australian consumer online retail spending has stabilised, according to the Australian Ecommerce Report 2023 by IAB Australia and Pureprofile. The report found that 67% of surveyed...

Online spending still strong

New research from e-commerce experience platform preezie finds 76% of consumers are now likely to avoid major purchases such as high-value goods, luxury products, and expensive electronics in the next six months. Despite this pull...

E-commerce leaders celebrated at Online Retail Industry Awards

The 14th annual Australia Post Online Retail Industry Awards (ORIAS) was held at the ICC Sydney Grand Ballroom last night (20 July). As the final night of the Online Retailer Conference &...
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