▶youtube BusinessRetail first seen 5 d ago, last 1 h ago, peak #8

Australia's retail sector hit by a perfect storm

Original: The perfect storm rolling through Australia's retail sector | 7.30

The ABC's 7.30 program examined mounting pressures on Australia's retail sector, describing a combination of forces squeezing retailers at once. Rising operating costs, cautious consumer spending and shifting shopping habits are being blamed for store closures and weakening sales across the country. The report prompted broad discussion about the state of Australian retail and what the downturn means for workers and shopping centres.

Why now: Concerns are growing over store closures and weak consumer spending in Australia's economy.

ABC 7.30AustraliaAustralian retail sector

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Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 1 h ago.

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• The perfect storm rolling through Australia's retail sector | 7.30 · ABC News In-depth · 238.9K

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