More pain could be in store for the retail sector
Analysts say the sector has no more room to absorb inflationary costs and will need to pass these onto consumers in 2020
07 January 2020 - 18:07
Rising unemployment and a bleak economic outlook means the listed retail sector, which, in 2019, experienced its worst year since 1998, could be in store for more of the same.
Analysts say the sector has no more room to absorb inflationary costs and will need to pass these onto consumers in 2020. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.