Tag Archives: retail

Retail is Detail with Bruno Cortigiani of Merlai – my latest podcast episode

Although stimulus payments have helped Australia’s retail sector to a strong recovery in late 2020, the longer-term trend has not been great, and there have been concerns about a so-called Retail Apocalypse in Australia and other advanced economies. To thrive … Continue reading

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Lockdown reading – Bezonomics

One company that has done very well out of COVID is Amazon (see share price chart below). The wealth of its founder Jeff Bezos soared, and he has seemed untouchable as the richest man in the world, although he has … Continue reading

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Retail rebound in Australia – latest video

My latest video is about the retail rebound revealed by the May Retail Trade data published by the ABS yesterday (Retail turnover rises 16.9 per cent in May). You may also be interested in the Queensland Treasury Retail Trade brief … Continue reading

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Catch up on COVID-19 with CCIQ Chief Economist Dr Marcus Smith

I spoke yesterday afternoon with CCIQ Chief Economist Dr Marcus Smith about the latest COVID-19 news: You can use these timestamps to find the highlights: 3:00 – Marcus’s recent commentary on coronavirus impact on Qld exports (e.g. COVID-19’s billion-dollar hit … Continue reading

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Businesses in “survival mode” says CCIQ Chief Economist Dr Marcus Smith

THis afternoon, I caught up via Zoom with CCIQ Chief Economist Dr Marcus Smith to discuss the extraordinary coronavirus-related developments since we last spoke on Sunday. As Marcus notes early in our conversation, which you can listen to below, things … Continue reading

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Retail Therapy – recommended reading

I’ve recently discovered that what Nespresso does at its Queen St Mall Boutique, where it offers free cups of coffee to customers in a cafe-style setting, is “Brand Theatre”. I figured this out after reading Retail Therapy, a recently published … Continue reading

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Bad economic news keeps coming – declining job vacancies & inverted US yield curve

The federal Department of Jobs and Small Business published its February 2019 internet job vacancies data last week, and it revealed a continuation of the downward trend in job vacancies, which were 5.5% lower in Queensland and 4.0% lower nationally … Continue reading

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Health care business numbers up 17%, while retail, mining & farm business counts fall 8-9% over 2012 to 2016

The structural change the Australian economy has experienced in recent years, including the decline in manufacturing and the decline of small retailers, at the same time as health care and other service sectors are booming, reveals itself in the latest … Continue reading

Posted in Agriculture, Health, Mining, Retail trade, Uncategorized | Tagged , , , , , , , | 3 Comments

Valley the victim of retail trends

A report in last Thursday’s Courier-Mail highlighted the decline of Fortitude Valley as a retail hub: ‘Boarded-up shops and “for lease” signs are regular sights in Brisbane’s Fortitude Valley as retailers abandon the once-bustling area… …Chairman of the CBD’s Economic … Continue reading

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Challenging conditions outside SEQ

In his recent commentary regarding strong growth in the retail sector, National Retail Association CEO Trevor Evans noted: “South East Queensland is performing strongly but performance in Queensland is being held back by issues in some areas…Some areas are living … Continue reading

Posted in Brisbane, Gold Coast, Infrastructure, Labour market, Mackay, Macroeconomy, Mining, North Queensland, Queensland Government, Townsville, Uncategorized | Tagged , , , , , , , , , | 11 Comments