Dear Customers and Colleagues,
Welcome to this month’s new look Retail Barometer.
The end of the financial year brings the traditional sales period, although this year we see increased and more systematic sales discounting across the board as economic uncertainty, consumer frugality and a late winter season all contribute to some sombre retail trading results. That said there are some shining ‘fit businesses’ out there producing good results and maintaining margins.
The latest retail sales figures from the Australian Bureau of Statistics shows Australian retail sales turnover increased 0.9 per cent in April 2010 compared with April 2009. Sales decreased however by 2.4 per cent in April when compared to March 2010.
Click here to read the June 2010 Retail Barometer
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