How are physical shops doing in Australia?

As official figures include both online and physical shops, so it's hard to say. However, an interesting pattern emerges looking at the major companies' shares that are mainly internet shopping sites in Australia, since the COVID lockdowns stopped about the start of the year.

Here are the share prices of some of these majors since the start of the year.

) eBay: 
Its chart shows over a 20% drop.

) Amazon:
Its chart shows almost a 20% drop.

) Shopify: it's not exactly a website, but it is a wholesaler for people with eCommerce websites.

Its chart shows almost a 70% drop. Now that would hurt badly.


) Kogan: 

Almost a 50% drop. That would also hurt badly. 

Clearly, the share market is saying something here about these business models.

This is all happening at a time when worldwide retail sales are booming. In the Australian Bureau of Statistics figures, last month was 9.1% up.

Although we have not yet got the Australian Bureau of Statistics figures for March, we look at the Mastercard SpendingPluseTM report, which states the following.

This all suggests that as COVID goes down, we buy more at physical shops than online.

Let me know what you think and what is happening in your world.


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