The inconvenient truths (part one). Customers arenʼt cautious, theyʼre bored!

Thereʼs an awfully disturbing rhetoric sneaking into retail thinking at present that seems more like a ʻget out of jail free cardʼ to me than anything vaguely resembling fact. The ʻcautious consumerʼ line has been used by far too many CEOs as an excuse for poor performance and doesnʼt ring true for several reasons. First and foremost there is the ABS all retail sales data that states unequivocally that Australian households are spending record dollars at retail. Same month this year versus

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