The news for Australia’s retail sector continues to worsen with The AFR reporting today that retail foot traffic continued to slow into January after recording the worst December on record:
Foot traffic fell 4 per cent in the first week of January, year on year, and 1.8 per cent in the second week, taking traffic down 3 per cent for the first half of the month after a 10.7 per cent fall in January 2018, according to ShopperTrak data.Foot traffic fell 4 per cent in the first week of January, year on year, and 1.8 per cent in the second week, taking traffic down 3 per cent for the first half of the month after a 10.7 per cent fall in January 2018, according to ShopperTrak data…
