Russell Zimmerman
Smaller Australian malls struggling to fill retail space
Some smaller shopping malls in Australia are struggling to fill space, with rents also coming under pressure in a difficult retail environment and amid a move to a greater use of online stores, the head of the Australian Retailers Association said.
Australian retail closes book on a bad year
For retailers, last year was one that many won't be reminiscing about with fondness. While other parts of the economy were flying down the highway in overdrive, retailing was stuck in second.
Month after month Bureau of Statistics data puts on paper what retailers were feeling at the checkouts. People weren't spending.
ARA: Retailers applaud unchanged interest rates
Peak retail industry body the Australian Retailers Association (ARA) said yesterday the Reserve Bank of Australia's (RBA) decision to hold interest rates at 3.75-percent rise showed wise and patient strategy and would give retailers a chance to post consistent growth after a year of difficult and irregular trade.
