Shop horror: outlook grim for retailers as consumers struggle
The JSE’s general retailers index has had its worst year in almost two decades, encapsulating what has been an annus horribilis for the sector as it battles a depressed consumer environment.
Analysts say the outlook is unlikely to change until momentum in the wider economy – hobbled by poor growth and widespread joblessness – improves and consumer spending power recovers...
Would you like to comment on this article or view other readers' comments? Register (it’s quick and free) or sign in now.
Please read our Comment Policy before commenting.