Aussie Shoppers Spend Big on Black Friday Sales
Published on November 24, 2023
Australia’s biggest shopping spree is off to a strong start with customers spending a record amount on Black Friday sales after a year of sluggish retail spending. The National Retail Association expects there will be up to $6.3 billion (US$4.1 billion) worth of sales across four days while comparison website Finder went even further and predicted a $6.7 billion (US$4.4 billion) spend. The association’s director Rob Godwin said by early Nov. 24 afternoon retailers had already seen double-digit growth in online foot traffic on top of extra people in physical stores. “Cyber weekend is here, and it’s here with a bang,” Mr. Godwin said, using the term for online discounts and free shipping many retailers offer across four days....