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What do the US and UK tell us about how re-opening?

How spending may recover in Australia

23 September 2021

Australian vaccination rates are rising and greater Sydney may emerge from its lockdowns next month, which raises the question: how will retail perform for the rest of 2021? In this report, we present a number of charts looking at the US and UK as their vaccination rates increased and lockdowns ended. Interestingly, we find that retail sales in the US and UK accelerated and the earlier winning categories of hardware, furniture and electronics remained the fastest growing categories. Buoyant supermarket trends were largely unchanged and online sales only slowed in the UK.

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