Operating profit in Mirvac’s retail division was $85 million.
Sales soar for Japanese retailers and manufacturers as they adapt environments, services and products to cashed-up baby boomers
But consumer sentiment has fallen on weak wage growth, housing prices.
However, retail’s productivity is outpacing the market.
Retailers failing at a rate 1.5 times higher than the overall business sector.
Here is what retail expert Danny Lattouf discovered during his recent retail tour of the US.
If brands can tackle the barriers to customisation then it could have a future.
Artificial intelligence comes to rescue the bricks-and-mortar store.
Latest reports by the ABS and NAB suggest consumer confidence is returning.
Retailers see 0.4 per cent lift in sales in June, slightly ahead of market expectations of 0.3 per cent.