Retail Pain

Not a great time to be in Australian retail - mirrors international trends - it is significant these items were all on the Inside Retailing website today:

		David Jones chief sounds warning bells DJs chief describes a "dramatic" slump in retail sales.
		Sales seasons stretched as shoppers turn savers Conservative shoppers are picking out bargains at Australia's biggest department stores as half yearly sales run into late July.

		Consumer sentiment nosedives Australian consumer sentiment is at its worst since the GFC

Yesterday's most read story
		Retail conditions worrying Conditions in the retail sector have fallen to "worryingly low levels" in