Stocks to watch in the retail sector
Nicholas Forsyth from Market Matters shares his top turnaround stories in Australia’s retail space.
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Retail prices are set to rise, more big-name companies will fall over or be taken over. But don’t fear: Australians will enjoy a golden age of retail in the next decade.
As big retailers wrap up their stocktake sales, Andrew Malarkey, partner at insolvency firm KordaMentha, says price rises “should be coming through right now” as currency hedging unwinds and suppliers pass on higher costs.
Mr Zimme…
Read the full article at: http://www.smh.com.au/business/retail/prices-to-rise-companies-to-fall-but-australian-shoppers-to-win-20160603-gpassa.html
