January 23, 2024

KEPLER RETAIL INDEX (KRI) week ending 21/01/2024

Below is just a summary of our interactive KRI, If you would like to see its full capability, register below for a FREE Demo.

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All States

NSW

VIC

QLD

SA

WA

TAS

ACT

NT

Discover key insights in the latest KRI (Kepler Retail Index) update for the week ending 21/01/2024

Stronger traffic but weaker sales conversion and ATV adversely impacting sales

  • Passer-By Traffic was better than trend last week (down only 4.2% YoY compared with an average of 9.0% down in Q4 2023) 
  • Strong shopfront conversion (up 9.1% YoY) combined with the relatively strong Passer-By Traffic resulted in Inside Store Traffic being up 4.5% (now in positive territory for two weeks in a row)
  • Health and Beauty retailers continue to perform strongly (sales up 8% YoY) while General Merc. and Electronics retailers continue to struggle (sales down 14% YoY). Outlets was the only channel that was in growth this week

SAVE THE DATE 

Join our first webinar for 2024 as I share more detailed insights on Australian Christmas and New Year trading conditions along with our retail outlook for 2024. 

Tuesday 30th January 

12.30pm to 1.15pm AEDT

Sign up here.