Tuesday, September 4

Trends in retail spending

Where are you shopping these days? Given yesterday's shock result for department stores I thought I would have a look at where we spend our money.

For each of the sectors, what proportion of our shopping dollar do they capture. The results are a little surprising ... We are spending more at food outlets and cafes, restaurants and takeaways. We are spending less at department stores and clothing and footwaer outlets.

I suspect the recent decline in household goods reflects lower prices and a higher Australian dollar.

1 comment:

  1. Do you have any explanation for the increased sales in cafe and restaurants? Is it some perverse 'Master Chef' effect? Or something else?