The Australian Retailers Association in conjunction with Roy Morgan said in the last few days of the year shoppers are expected to spend $3.1 billion – up 2.1 per cent on the previous year and up 12.6 per cent on pre-pandemic levels in 2019.
ARA chief executive Paul Zahra said consumers can expect to see discounts across the board with retailers to slash their prices on a range of items from fashion to homewares and electronics.
“We’re forecasting a record $21.1 billion will be spent in the post-Christmas sales (Boxing Day to January 15). There is strong sales growth forecast for Tasmania, up 8.6 per cent and Victoria, up 6.6 per cent on the previous year,” he said.
“Sales are set to remain strong despite the ongoing threat of Omicron, with retailers remaining alert but not alarmed. Safety and hygiene remain important protocols for businesses allowing consumers to shop with confidence. It’s important that shoppers follow the health advice and wear a mask.
“We’re also asking customers to be patient. Retail staff will be fully stretched with so many people out in the shops at this busy time of year so it’s an important reminder for people to shop respectfully.”
