Small retailers have it in the bag


This graph was published yesterday, on the front page of Melbourne’s The Age Business section.

It outlines Australia’s retail turnover over the last three Februaries. Based on this data, retail spending for December through February was up by $1.8b. The only retail sector to fall below predicted turnover was the large department stores.

This is a fantastic result for small businesses in Australia. These figures come after the first round of the federal government’s stimulus package. With the second round of the package to be delivered later this month, hopefully small businesses can expect another spike in their cashflow.

I also couldn’t help but notice the colour that’s been used on the graph: looks like great minds think alike.

Leave a Reply

Your email address will not be published. Required fields are marked *

Monthly update on our ever-evolving ecosystem: Oct-Nov 2015

A healthy ecosystem is a thriving one. Much like ours. So, we welcome you to our monthly update on all things happening in the Xero ecosystem. In this first update, we’ll look at: the Xero ‘ecosystem partner of the month’ new add-ons to the Xero ecosystem ecosystem partners who have enhanced their integration with Xero ...

Supporting She# and its mission to encourage women into tech

The tech industry in general suffers from a lack of women entering tech related study areas, many factors contribute to this. Xero has been working with She# this year to help educate women from high schools, university and industry about the opportunities available to them in the tech industry. She# believes the gender imbalance we ...