The retail recession continues to grow.
Terrible retail sales figures for December are starting to emerge.
The retail recession has claimed fashion brand Bardot, with potentially 800 jobs at risk.
US retail figures are below pre Christmas expectations. A sign of the growing retail recession?
#RetailRecession #Economy #HeiseSays Let’s have a look at the KP Centre in Shailer Park south of Brisbane and see how a shopping centre can adapt to the loss of their anchor tenancy. References
#Retail #Recession #HeiseSays Retail levels have crashed to levels not seen since the 1990’s recession. References Retail slumps to ‘weakest’ level since 1990s recession as tax cuts fail to stimulate consumer spending https://www.theage.com.au/politics/federal/worrying-sign-retail-slumps-to-worst-performance-since-last-recession-as-jobs-weaken-20191104-p5378r.html?fbclid=IwAR3h2VWqEkoJQJPDUX36h12CN9x7UMbpKce448y28rwZjEpYBcymiA8l87M
#RetailRecession #Economy #HeiseSays Smart Money is leaving the retail sector in Australia. References Lowy family severs all ties with Australian retail sector https://www.smh.com.au/business/companies/lowy-family-severs-all-ties-with-australian-retail-sector-20191016-p531e3.html