Australian retailers are boosting sales and discounts to combat slowing spending caused by inflation and rising interest rates. With discretionary income shrinking, mid-market brands face challenges, while Amazon gains ground with value-focused shoppers. As Trent Rigby from RetailOasis notes, “Smaller wallets mean that retailers have to work harder to take an increased share of this spend.”

Amazon is gaining ground in Australia, leveraging supply chain strength and technology to outpace local competitors. RetailOasis strategist Emma Easton notes, “Where Amazon are really succeeding is the supply chain presence and technology.” With Prime’s next-day delivery and expansion into key categories, analysts predict Amazon could overtake eBay as Australia’s top retail site, pushing local brands to enhance digital strategies.

In this news article from 9 News we talk about the future of shopping and Amazon Go!

In July 2017 we sat down with Bloomberg Daybreak: Australia to talk about Amazon and their preference for revenue over profit.