No one will escape: Industry leaders on navigating the retail recession

The retail industry is in the midst of a recession. Bigstock
The retail industry is in the midst of a recession. Bigstock
Australia is currently in the midst of a “retail recession” with real retail turnover experiencing a decline over two consecutive quarters. According to Australian Bureau of Statistics data, spending fell by 0.6 per cent during the three months to March, and by 0.3 per cent in the previous December quarter. With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a r

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
Retailer’s choice

IR Pro - annual

$312 +GST per year. (Auto renews annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now