Revenues from retailing grew by 2% in 2012 in current value terms, slower than the review period CAGR of 4%. Weak consumer confidence, which led to subdued spending, a growing preference for online retailers, discounters and mass merchandisers, and unit price deflation in a number of categories all contributed to weaker revenue growth. Euromonitor International’s Retailing in Australia report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, …
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