▶youtube BusinessRetail first seen 1 d ago, last 19 min ago, peak #10

Australia's retail sector hit by perfect storm of pressures

Original: The perfect storm rolling through Australia's retail sector | 7.30

Australia's retail sector is being hit by a combination of pressures described as a perfect storm, with high costs, weak consumer spending and difficult trading conditions squeezing retailers. The ABC's 7.30 program examined how shops and chains across the country are coping, and viewers responded strongly to the report.

Why now: A widely watched national report on a retail downturn resonates with Australians feeling cost-of-living pressure.

AustraliaABC 7.30Australian retail sector

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Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 19 min ago.

Evidence

• The perfect storm rolling through Australia's retail sector | 7.30 · ABC News In-depth · 152.7K

API: https://socialmediatrends-api.osmike.com/v1/trends/2261748