Search
Member login

Vend's Retail Benchmarks 2019

Is the Australian retail scene is doing well? Vend sure think so, and they have the numbers to prove it. In Vend’s recent Retail Benchmarks Report, the company analysed the data of thousands of Australian retailers over the last financial year (April 2018 - March 2019) to surface key insights into their revenues, transactions, and customers... See how your business stacks up.

by The AFC

14 July 2019

Retail Benchmarks 2019

A closer look at the performance of Australian retailers

WORDS | Via VEND

The Australian retail scene is doing well, and Vend has the numbers to prove it. In Vend’s recent Retail Benchmarks Report, the company analysed the data of thousands of Australian retailers over the last financial year (April 2018 - March 2019) to surface key insights into their revenues, transactions, and customers.

Here are some of the key findings from the report.

_

Revenues per store

Overall, retailers in Australia had an average revenue of $39,906 AUD. Looking at the data from a regional perspective, Vend found that those in the Gold Coast were the top-grossing retailers, with average monthly revenues of $34,071 per store. Not too far behind are shops in Sydney and Brisbane, which had average monthly revenues of $32,249 and $31,172 respectively. 


Screen Shot 2019-07-15 at 9.55.31 am.png

_

Gross margins

We all know that retail success isn’t just about revenue. Your profits also play a key role in the success of your store, which is why Vend analysed the profit margins of retailers across Australia. 

Overall, Australian retailers had an average gross margin of 52.43%. Retailers in Canberra had the highest gross profit margin, with 63%, followed by Adelaide, with 59%. Meanwhile, retailers in Perth had a gross margin of 56%.


Screen Shot 2019-07-15 at 9.54.51 am.png

_

Store transactions and basket sizes

Vend also looked at the average transaction count, transaction values, and basket sizes of Australian retailers. Here’s what we found. 

Retailers in Canberra had the highest results, with an average transaction count of 725 monthly transactions per store. They were followed by retailers in Adelaide, with 493 transactions, then Brisbane, with 466.


Screen Shot 2019-07-15 at 9.53.52 am.png

_

Find out how Australian retailers measure up 

The full report includes data from retailers all over the world and across multiple industries.

If you’re curious about how Australian retailers measure up compared with other stores if you’re looking for insights into how different industries are performing, check out the full version of Vend’s 2019 Retail Benchmarks report below;


ashim-d-silva-ZmgJiztRHXE-unsplash.jpg

You may also like

Media Release: Fashion Industry Rallies Behind AFC to Lead the Delivery of a New Vision for Australian Fashion Week 2025
Leading Australian fashion designers and key industry figures have rallied in support of an industry-led Australian Fashion Week (AFW), following the announcement that IMG will no longer manage the event. 
The AFC Annual General Meeting 2024
The AGM is an opportunity to give our members a report on the AFC's activities and finances for the previous year and to allow time for members to ask questions.
AFC submission to the ABS review of the ANZSCO codes
The AFC recommends immediate funding to undertake a nationwide review of current, emerging and future TCF manufacturing occupations and match occupations to the ABS ANZSCO codes.
1 2 3 91
Stay in touch
Subscribe

© 2024 AUSTRALIAN FASHION COUNCIL  All Rights Reserved

usercrossmenuchevron-down