The Australian Retailers Association executive director, Russell Zimmerman, said the foreign retailer would generate employment and competition in Australia, but he said growing pressures were reducing Australian businesses' ability to compete, including the high cost of rent, penalty rates, and loo
Date: Feb 05, 2017
Category: Business
Source: Google
The secret to getting Boxing Day sale prices on Christmas Eve
not surprising to the Australian Retailers' Association, despite total spending being down 2 per cent. "If times are tough, as some people have interpreted through recent figures, we'd see a slowing of discretionary spending. We're not," said the association's executive director, Russell Zimmerman.
Date: Dec 23, 2016
Source: Google
Boxing Day sales shoppers clock up 5.7 million transactions with one bank
Retailers are now more confident that their post-Christmas spending prediction of $16.1 billion nationally will "certainly be exceeded", Russell Zimmerman from the Australians Retailers Association said.
Australian Retailers Association executive director Russell Zimmerman was "extremely disappointed" about the steady rate outcome, saying it will do little to encourage consumers to "let go of their purse strings" as they begin Christmas shopping.
rket subsidisation is exclusive to the major chains, which are misusing their market power. This needs to be addressed urgently through competition policy, Russell Zimmerman, executive director of the Australian Retailers Association and spokesman forIndependent Retailers of Australia said.
"A rate cut tomorrow might be just what consumers need to be able to get out there and start their Christmas shopping. In fact, retailers are now relying on any consumer relief in order to save the silly season,"ARA executive director Russell Zimmerman said. Read the ARA's full statement.
"There needs to be an interest rate cut tomorrow in order to stimulate consumers and ensure any available cash is put into their pockets in the lead-up to Christmas," Australian Retailers Association executive director Russell Zimmerman said in a statement.