Prices to rise, companies to fall but Australian shoppers to win – The Sydney Morning Herald

Video will begin in 5 seconds.

Recommended

Stocks to watch in the retail sector

Nicholas Forsyth from Market Matters shares his top turnaround stories in Australia’s retail space.

PT1M16S

620
349

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

Category: LiquidationBy Insolvency Advisory Accountants June 5, 2016

Prices to rise, companies to fall but Australian shoppers to win – The Sydney Morning Herald

Golden age for retailers? More international retailers set to come to Australia.

Golden age for retailers? More international retailers set to come to Australia. Photo: Brendon Thorne

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 Zimmerman, executive director at the Australian Retailers Association, agreed. “There were price rises about 18 mon…

Read the full article at: http://www.smh.com.au/business/prices-to-rise-companies-to-fall-but-australian-shoppers-to-win-20160603-gpassa.html

Category: LiquidationBy Insolvency Advisory Accountants June 5, 2016

Call Now Button