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Retail Sales –
Australia –
February 2021
Paul Young CPA CGA
April 25, 2021
Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
Agenda
• Month over Month Change – January 2021
• Online Sales – January 2021
• National Bank of Australia and Retail Sales Analysis
• Retail Closures
• Technology / Australia Retail
Australia /
Retail Sales
Source -
https://insideretail.com.au/bu
siness/january-retail-spend-
up-10-per-cent-on-last-year-
online-up-63-per-cent-202103
Australia Retail Sales (Month over Month
Change)
Source - https://www.abs.gov.au/statistics/industry/retail-and-wholesale-trade/retail-trade-australia/latest-
release#data-download
Online Sales - Australia
Source - https://www.abs.gov.au/articles/online-sales-february-
2021-supplementary-covid-19-analysis
Total online sales fell 2.2% in February 2021, in seasonally adjusted terms, following a rise of 1.7% in January
2021, and a fall of 2.1% in December 2020.
Australia eCommerce
Source - https://which-50.com/ecommerce-expected-to-triple-in-volume-in-australia-for-holiday-season/
Retail - Australia
• Amazon expands in Melbourne - https://insideretail.com.au/business/supply-
chain/amazon-to-open-second-melbourne-fulfilment-centre-202011
• Retail store revamps its operations - https://insideretail.com.au/members/the-
clever-tech-behind-sass-bides-new-showstopping-window-display-202010
• More and more retailers could be forced to closed -
https://www.smartcompany.com.au/industries/retail/riot-art-craft-shuts-56-
stores/
Australia
• Augment reality - https://digitalmarketinginstitute.com/blog/how-augmented-reality-is-transforming-retail
• New Technology - https://9now.nine.com.au/a-current-affair/visualise-new-online-shopping-technology-allows-shoppers-to-try-on-items-virtually-and-find-
items-they-like-based-on-uploaded-pictures/5a409f5a-566a-4af4-9a21-b442704d72a4
• Changes to hub and spoke approach for retailing - https://itbrief.com.au/story/digital-transformation-has-become-unstoppable-and-essential-for-
retailers-study-finds
• February 2021 retail sales rose month over month as compared to January 2021. The problem is the economy is still struggling in Australia -
https://www.miragenews.com/robust-retail-trade-for-february-but-sales-538351/
• Rise of retail automation - https://www.rfidjournal.com/how-automation-solutions-will-deliver-retail-success-in-2021
• GDP and Australia - https://www.theguardian.com/business/2021/apr/12/australias-living-standards-have-risen-and-economy-is-roaring-back-
deloitte-says
• Global trade exposure - https://www.natlawreview.com/article/risks-to-your-supply-chains-vulnerability-uncertain-world
• Reshoring - https://ia.acs.org.au/article/2021/overseas-manufacturing-returns-to-australia.html
• Cybersecurity - https://www.zdnet.com/article/new-australian-cyber-package-includes-au37-5m-indo-pacific-investment/
Sales
Forecasting
Supply Chain
Improving Cash
Flow
Management
Risk Analytics
and Retail
Continuous
Intelligence
Planning
Blog – Mitigating risks with the supply chain using more
intelligence supply chain management solutions:
The complexity of supply chains has led both the private and
public sectors to re-think how they managed their supply chain
including the use of infused-AI.
This presentation looks at possible solutions as part of mitigating
risks related to purchasing to pay cycle as part of managing the
supply chain cycle.
https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5
Planning
Analytics and
Cognos
Analytics
• Small and medium sizes businesses continue
to struggle with management of their data
• Planning Analytics Digital Pack -
https://www.ibm.com/support/knowledgecenter
/SSD29G_2.0.0/com.ibm.swg.ba.cognos.tm1_clo
ud_mg.2.0.0.doc/c_tm1_cloud_system_digital_p
ack.html
• Cognos Analytics on Demand -
https://community.ibm.com/community/user/bu
sinessanalytics/blogs/david-
cushing/2018/12/13/1
• Planning Analytics with Cognos on Demand –
https://community.ibm.com/community/user/bu
sinessanalytics/blogs/bimpe-
adefowora/2020/11/11/padataondemand
• Predictability -
https://community.ibm.com/community/user/bu
sinessanalytics/blogs/stuart-martin-
phillips1/2020/10/02/easy-forecasting-for-
planning-users

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Retail Sales and Consumer Spending| Australia| February 2021

  • 1. Retail Sales – Australia – February 2021 Paul Young CPA CGA April 25, 2021
  • 2. Paul Young - Bio • CPA, CGA • Academia (PF1, FA4, FN2, MU1. and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Emerging Technology • SME – Business Process Change • SME – Financial Solutions • SME – Macro/Micro Indicators • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. Agenda • Month over Month Change – January 2021 • Online Sales – January 2021 • National Bank of Australia and Retail Sales Analysis • Retail Closures • Technology / Australia Retail
  • 4. Australia / Retail Sales Source - https://insideretail.com.au/bu siness/january-retail-spend- up-10-per-cent-on-last-year- online-up-63-per-cent-202103
  • 5. Australia Retail Sales (Month over Month Change) Source - https://www.abs.gov.au/statistics/industry/retail-and-wholesale-trade/retail-trade-australia/latest- release#data-download
  • 6. Online Sales - Australia Source - https://www.abs.gov.au/articles/online-sales-february- 2021-supplementary-covid-19-analysis Total online sales fell 2.2% in February 2021, in seasonally adjusted terms, following a rise of 1.7% in January 2021, and a fall of 2.1% in December 2020.
  • 7. Australia eCommerce Source - https://which-50.com/ecommerce-expected-to-triple-in-volume-in-australia-for-holiday-season/
  • 8. Retail - Australia • Amazon expands in Melbourne - https://insideretail.com.au/business/supply- chain/amazon-to-open-second-melbourne-fulfilment-centre-202011 • Retail store revamps its operations - https://insideretail.com.au/members/the- clever-tech-behind-sass-bides-new-showstopping-window-display-202010 • More and more retailers could be forced to closed - https://www.smartcompany.com.au/industries/retail/riot-art-craft-shuts-56- stores/
  • 9. Australia • Augment reality - https://digitalmarketinginstitute.com/blog/how-augmented-reality-is-transforming-retail • New Technology - https://9now.nine.com.au/a-current-affair/visualise-new-online-shopping-technology-allows-shoppers-to-try-on-items-virtually-and-find- items-they-like-based-on-uploaded-pictures/5a409f5a-566a-4af4-9a21-b442704d72a4 • Changes to hub and spoke approach for retailing - https://itbrief.com.au/story/digital-transformation-has-become-unstoppable-and-essential-for- retailers-study-finds • February 2021 retail sales rose month over month as compared to January 2021. The problem is the economy is still struggling in Australia - https://www.miragenews.com/robust-retail-trade-for-february-but-sales-538351/ • Rise of retail automation - https://www.rfidjournal.com/how-automation-solutions-will-deliver-retail-success-in-2021 • GDP and Australia - https://www.theguardian.com/business/2021/apr/12/australias-living-standards-have-risen-and-economy-is-roaring-back- deloitte-says • Global trade exposure - https://www.natlawreview.com/article/risks-to-your-supply-chains-vulnerability-uncertain-world • Reshoring - https://ia.acs.org.au/article/2021/overseas-manufacturing-returns-to-australia.html • Cybersecurity - https://www.zdnet.com/article/new-australian-cyber-package-includes-au37-5m-indo-pacific-investment/
  • 14. Continuous Intelligence Planning Blog – Mitigating risks with the supply chain using more intelligence supply chain management solutions: The complexity of supply chains has led both the private and public sectors to re-think how they managed their supply chain including the use of infused-AI. This presentation looks at possible solutions as part of mitigating risks related to purchasing to pay cycle as part of managing the supply chain cycle. https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5
  • 15. Planning Analytics and Cognos Analytics • Small and medium sizes businesses continue to struggle with management of their data • Planning Analytics Digital Pack - https://www.ibm.com/support/knowledgecenter /SSD29G_2.0.0/com.ibm.swg.ba.cognos.tm1_clo ud_mg.2.0.0.doc/c_tm1_cloud_system_digital_p ack.html • Cognos Analytics on Demand - https://community.ibm.com/community/user/bu sinessanalytics/blogs/david- cushing/2018/12/13/1 • Planning Analytics with Cognos on Demand – https://community.ibm.com/community/user/bu sinessanalytics/blogs/bimpe- adefowora/2020/11/11/padataondemand • Predictability - https://community.ibm.com/community/user/bu sinessanalytics/blogs/stuart-martin- phillips1/2020/10/02/easy-forecasting-for- planning-users