Brian Walker’s Post

At Retail Doctor Group we have always taken great pride in helping the Opportunity Shop sector nationally build its distribution models and deliver improved retailing standards - and to continue to help those most in need, Pleased to comment in this article , however the Salvation Army stand as one example of this retail transformation with in the sector, and deserved accolades for their approach, Call out to Matt Davis and his skilled Salvation Army team “Walker has been consulting with opshops nationally for more than a decade, and says there has been a big jump in the quality of their retail stores as consumer interest has surged. He said the sector is now worth over a billion dollars a year and has been growing at a double-digit rate as consumers – particularly millennials – embrace opshops.” Retail Doctor Group Brian Walker

https://lnkd.in/gdrF54pa The stage three tax cuts, which come into effect on July 1, are expected to deliver a 1.4 per cent to 1.5 per cent increase in real household disposable income. Treasurer Jim Chalmers has also flagged additional cost-of-living support in the May budget. While inflation is proving surprisingly persistent, Oxford Economics Australia head of macroeconomic forecasting Sean Langcake said the tepid retail sales figures confirmed consumer demand was very restrained. “Considering the brisk pace of population growth, this is a very soft trend,” Mr Langcake said. However, he agreed the broader outlook for consumer spending would improve this year as real wages continued to picked up. “But for now, strong price inflation for essentials like health and education and higher rent and mortgage costs are still putting the squeeze on household budgets and discretionary spending.”

Thanks everyone for a great session Really enjoyed it and trust that our audience gained value in the insights that flowed Brian Walker

Locally, Aldi has been winning back shoppers amid cost of living pressures with sales in its retail operations reaching $10.6 billion in the year to December 31, 2022, up from $10 billion in 2021, according to the latest financial picture for the retail operating entity, which reports separately to Aldi Foods. Our largest supermarket retailer in scale and building market share consistently in Australia

Thank you to our Retail Doctor Group community who have supported us throughout this month. Check out our latest April issue of RDG News and learn about everything that's happening in the world of retail and what to expect for the future. Retail Doctor Group #retaildoctorgroup #retailnewsletter#retail #retailstrategy #insights #strategy #operations #training #consumers #retailers #consumerbehaviour #consumertrends

Inflation pressures coming out of the US and reflected in Australia - provide a challenging proposition for policy markets - decreasing the inflation rates whilst stimulating growth in a non inflammatory way, As house prices rise ( inflationary ) the retail mix changes in the sectors most exposed as this article demonstrates, Ben Gilbert delivers some great insights in this article, as ever Stockbroker Jarden, which has been tracking the data for 20 years, says that since 2004, there has been a 90 per cent correlation between upward moves in house prices and a rise in the share prices of retailers such as electronics seller JB Hi-Fi, Bunnings owner Wesfarmers and furniture group Nick Scali.” Brian Walker Retail Doctor Group

Always a great event Ash and getting even better each year Delighted with our Australian Retail Awards partnership , enjoyed speaking at the event , listening to some great content, working with the NRA and seeing many industry friends, Brian Retail Doctor Group