Covid-19 has reshaped retail and given business owners in the industry many unprecedented challenges so far this year. As shops on the high street were forced to close overnight under lockdown rules, consumers switched behaviours and eCommerce saw a huge uptake. What have been the pros and cons for retail businesses considering the circumstances of […]
Over the last decade Australia’s retail industry has evolved tremendously. Whether it’s the way people shop and the platforms they’re using or the integration of technology into the shopping experience — the industry as a whole is constantly transforming. With consumers living in a world of COVID-19, shopping behaviours have drastically changed almost overnight and […]
Sales at Myer fell 3.8 percent in the year to 30 July, with CEO Bernie Brooks warning that if trading conditions don’t improve sales will continue to be flat and profit could fall by 10 percent in FY2012.
The retail industry experienced some much needed growth in the month of January, off the back of extended retail sale periods, along with the Government’s December stimulus package.
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