Australian retail businesses saw record sales in November 2018, with turnover increasing 3.6 per cent year-over-year, according to data from the Australian Bureau of Statistics.
The growth can be attributed to the growing investment and importance of retail sales events Black Friday, Cyber Monday and Click Frenzy, as well as the beginning of the holiday retail period.
“While retail has certainly had busier years than 2018, the November figures bode well for Christmas sales and we anticipate even stronger figures for the month of December,” National Retail Association deputy chief executive Lindsay Carroll said.
MySale Group (LON:MYSL) is a leading international online retailer with established retail websites in Australia, New Zealand, South-East Asia and the United Kingdom. Founded in 2007, the Group provides customers with access to outstanding brands and products at discounted prices whilst simultaneously providing brand partners unique international inventory and sales solutions.
