Though, according to CommBank, getting the product faster isn’t the main concern.
First three months of FY20 sees traffic and like-for-like sales plummet.
Tax returns and a stronger housing market look to improve customer spending.
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.