I have a potential concern with the health of the Australian retail sector at the moment.
Its just a few weeks to Christmas and the shopping mall of Australia should be buzzing..
But the mall and shops seem to be, ( at least to me, ) quiet.
And behind the scenes cost cutting measures are in place in many of the large retailers.
Companies are announcing head count freezes, delaying projects and everybody seems to be preparing for soft sales numbers during this period.
Lets hope it will all rebound in 2011.
No comments:
Post a Comment