By Jessica Stanic · 22 December 2009 · Locked
Australian retailers are bracing for a disappointing Christmas season, with shoppers expected to be more cautious with their money. Will this year's holiday shopping season fall short of expectations?
Christmas trade will be well below the expectations of Australian retailers this year, according to the executive director of the Australian Retailers Association, Russel Zimmerman. Zimmerman said that shoppers will spend almost $39 million this Christmas, but will be more cautious with their money. “We think the Christmas trading will be up but we don’t […]