Urbis Think Tank
Urbis Retail Perspectives 2011
The latest data from ABS confirms that very modest sales growth persisted to the end of last year and anecdotal evidence suggests that the modesty has persisted into this one as well. Lack of pricing power has been a major concern for retailers in discretionary categories, and now growing cost pressures in the apparel sector will put a further strain on margins despite the strength of the Australian dollar.