Online retail starts to plateau – in a surprise to some
Kylar LoussikianDeputy editor - Business
The relentless rise of online shopping appears to have plateaued – new retail spending figures show barely any change since the COVID-19 pandemic in the proportion of sales bought outside of stores.
More than $3.84 billion in sales were made online on a seasonally adjusted basis in November, one of the busiest years of the month because of the Black Friday promotional event, according to the Australian Bureau of Statistics.
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Kylar Loussikian is the Financial Review's Deputy editor - Business Email Kylar at kloussikian@afr.com
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