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1.Market Observations, 8.Was Sticky

19 Dec 2016 (TheAge) – More retail collapses tipped

(19 Decembe 2016, The Age, BusinessDay, p21, Madeleine Heffernan)

‘After analysing the financial health of retailers with more than 4000 stores, Macquarie says “profitability for apparel retailers remaining challenging”, particularly for unlisted companies, as retail sales moderate and the lower Australian dollar raises import prices. “Given the challenging retailer environment, we expect further retailers to enter into administration after the December peak trading period (i.e. in the first quarter of 2017),” the broker told clients.’

Read more at TheAge.com.au

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