It was good to see reports overnight of an improvement in retail performance as tracked by the ABS. The ABS report reflects what we are seeing in sales data shared by some of our customers across several retail sectors. The September quarter was strong and early October numbers continue this trend.
We are seeing a mirroring of the retail sales results in the investment retailers are making in technology. We are significantly ahead of where we were this time last year and ahead on budget.
Our retailers are able to easily compare their performance this year with last through a suite of reports and reporting tools in our software. This type of comparison is vital to the success of their business as the most important competitor any retailer has is themselves.