ARTICLE
16 May 2023

Surviving the rollercoaster: What retailing businesses need to do in 2023

CP
Cathro & Partners

Contributor

Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value. With a reputation for delivering high quality results, we can assist your business to overcome strategic and financial challenges. You can rely on our team to find the right solution for you and protect the interests of stakeholders. We pride ourselves on identifying tailored solutions for your business.
Link to webinar "Consumer Goods Retailing in Australia" which provides a deep dive into the consumer goods market in Australia.
Australia Corporate/Commercial Law

Consumer Goods Retailing In Australia

Australia's retail industry is facing a very uncertain 2023 as the impact of higher interest rates, inflation, supply chain issues and cost of living pressures are likely to see consumers reduce their spending particularly on discretionary items. The implications of a rocky retailing sector are significant given consumer goods retailing is a significant contributor to the country's economy, generating approximately 4.1% of GDP and employing over 1.2 million people.

To understand the forces at play, Cathro & Partners has taken a deep dive into the consumer goods market in Australia in its webinar, "Consumer Goods Retailing in Australia".

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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