Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Retail earnings largely disappoint with a few bright spots

Retailers this week reported mixed financial results for the third quarter as many saw their sales and profits slump as consumers continue to cut back on spending due to inflationary pressures.

Black Friday deals and the upcoming holiday shopping season are set to give retailers a much-needed revenue boost.

Catch up on this week’s highlights from the retail sector: