Retailers pray for rainy day, with warm weather hurting winter sales
If you think itâs been unseasonably warm across southern Australia this autumn â youâd be right.
Official Bureau of Meteorology figures show temperature records have been smashed in New South Wales, Victoria and South Australia.
So spare a thought for retailers, for whom the unusual weather is having a massive financial impact.
âEverybody is saying âisnât this weather amazingâ â Iâm saying âno we want some cold weather itâs not amazing at allâ,â said Anita Carmody, the owner of Swish Plus Fashion, a chain of nine retail stores.
Winter stock has been out on the floor since February and few people are buying.
âItâs definitely affecting sales â foot traffic is down,â Ms Carmody said.
âThe biggest impact is not as many customers walking into most of our stores at the moment.
âThe consistent heat doesnât encourage people to go out and buy a winter wardrobe.â
While online sales have been steady, instore figures have fallen by almost 10 per cent on last year, Ms Carmody said.
Not looking good for March
âItâs across the board, clothing and footwear. Youâve also got retailers with heaters coming in and electric blankets,â Russell Zimmerman from the Australian Retailers Association said.
âTheyâre expecting to sell that for winter and they canât.â
After a positive start to retail sales this year â up 0.6 per cent in February â the slowdown doesnât bode well for March and April.
âWeâre starting to see retailers looking around deciding they need to put on sales,â Mr Zimmerman said.
âWeâre seeing mid-season sales and mid-season sales with extra percentages off.
âThatâs symptomatic of when youâve got a situation when youâre not selling stock as quickly as you like.â
Retailers suffer âworst winterâ
âWhen the introduction of the winter stock came into Myer in particular, within the first week they had 20 per cent off their woollen garments,â Judy Wawszkowicz, the owner of Lolaâs Boutique in western Sydney, said.
âWe just canât compete with that.â
The boutique has $20,000 worth of winter stock on the floor, but many shoppers are still asking for summer clothes.
However, buying more summer stock to meet demand isnât an option as the lead time for orders is a year.
âThis is the worst winter Iâve experienced,â Ms Wawszkowicz said.
âI get extremely worried because Iâm looking at the boxes in the storeroom of unpacked stock.
âEach day it passes itâs 30 degrees itâs another lost opportunity.â
All retailers can do for now is wish for a rainy day.
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