Sponsored: They present a significant opportunity, if retailers get the strategy right.
Retail spending mostly in line with last quarter, says CBA.
Consumers have continued to spend despite modest wage growth.
Retailers, shopping centres seek to reduce energy bills.
Spending in retail stores up in January, after slow December.
Alipay will be available across 94,000 Albert payment devices across Australia.
Online spending increased sharply over the sales event.
But retail saw the second biggest gain in the month.
Monthly spending trend falls, though investor confidence remains high.
Commonwealth Bank tracks retail store spending growth.