Xmas retail failure

  1. 16,815 Posts.

    From the front page Business section 

    THE AUSTRALIAN.COM.AU


    Retail traffic worst in 20 years


    Foot traffic in the last 2 weeks of 2018 was down

    15 and 23% respectively.

    It could also be ill news for landlords of retail spaces as they may be forced to step in with rental assistance for tennants.


    With a 4.7% slump in consumer confidence it is not looking so rosey.

    Tighten your belts people I think the downturn we should have had is arriving.

    The australian.com.au

 
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