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Why 2020 will be the year of retail market share wars

While we’re yet to feel the full impact of the bushfires on our fragile economy, consumer sentiment as gauged by Roy Morgan points to a tough year ahead for retailers that have already had a tough couple. The research found that 40 per cent of Aussies reckon 2020 will be a worse year than 2019, with Roy Morgan researchers noting this figure hasn’t been as high since 1990 – the height of Australia’s last recession. For retailers, this consumer attitude will likely become a self-fulfilling