Categories
Economy

Food is getting expensive

#Food #Retail #HeiseSays Food is getting more expensive. References Food prices rising at Coles and Woolworths as competition easeshttps://www.afr.com/companies/retail/food-prices-rising-at-coles-and-woolworths-as-competition-eases-20191105-p537i0?fbclid=IwAR1EqLuUXC27V-voZEnM97TsJxZ6HwzVYltCA7-flI6shyjWH0erWaZiuHQ

Categories
Economy Recession

Woolworths Underpaying Workers

#Woolworths #Economy #HeiseSays Woolworths has underpaid 5700 employees. Will we hear more stories as the retail recession growes? References https://www.news.com.au/finance/business/retail/woolworths-underpays-staff-300-million/news-story/20d62c31d3dec7f5157889453cfdbffc

Categories
Economy

David Jones Fires 120 People

#DavidJones #Recession #Unemployment David Jones has fired 120 people, and the NAB has stated that we are in a retail recession. I honestly think the public is too worried to spend. References David Jones to cut 120 jobs in face of retail recession https://www.smh.com.au/business/companies/david-jones-to-cut-120-jobs-in-face-of-retail-recession-20190719-p528pn.html