Deloitte Access Economics partner David Rumbens says the Christmas trading period is critical for retailers in any year, but the COVID-19 pandemic means it will be more so in 2020.
Rumbens notes that coronavirus measures such as government stimulus payments have resulted in fewer retailers going into administration compared with 2019. However, he cautions that some retailers are likely to struggle financially when stimulus measures start to be phased out in early 2021.
From The AFR:
