How Instagram, coffee and curation are helping suburban street <b>retailers</b> fight back | RetailTechPodcast

How Instagram, coffee and curation are helping suburban street retailers fight back

Mr Underwood's store is one of a cluster of independent small retailers in the inner-city suburb, selling a range of items from clothing to homewares - or in Mr Underwood's case, records, books and cultural memorabilia. These are the type of retailers that, if pundits predicting the death of street retail would have you believe, should have closed down years ago. Amid muted overall retail sales growth in Australia, online sales claimed a record share of total retail turnover of 5.9 per cent for October, up from 5.6 per cent in September. Although - depending on who you talk to - the introduction of global online giant Amazon did not have as big of an impact as some predicted, according to Australian Retailers Association executive director Russell Zimmerman, there is little doubt online sales are having an impact. In Sydney's former retail precinct of Oxford Street, Paddington fashion and homewares retailer Funkis is one shop doing things a little differently. The store, described as a "Shared retail space" gives local gift-makers and artisans a retail space to show of their wares. "I think street retail can keep going if you know your customer." Read more