Christmas trade is down because everyone has spent their money on Black Friday and Cyber Monday.
Consumer confidence falls before Christmas.
The retail recession claims Harris Scarfe.
The retail recession has claimed fashion brand Bardot, with potentially 800 jobs at risk.
Consumer confidence is at a four year low and is a worrying sign leading up to Christmas.
Corporate activisim is becoming more prevalent.
The retail recession has claimed the Co-Op Book Shop.
US retail figures are below pre Christmas expectations. A sign of the growing retail recession?
#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
#Eftpos #Australia #HeiseSays Eftpos transaction fees are being passed onto consumers with greater frequency. Luck we still have cash….oh. References