Private equity has performed poorly in old retail. There’s no reason why it will do any better as the sector faces major change.
Retailing business
How retailers are shooting themselves in the foot
Forget about high interest rates, or poor consumer customers — retailers are being destroyed by smarter competitors.
Political snippets: Retail turnover gets a caning
These are certainly not boom times, with the ABS showing that Australian retail turnover fell 0.1% in June 2011, seasonally adjusted, following a fall of 0.6% the previous month.
Gottliebsen: hurtling towards a retail cliff
Non-food retailing, which employs 800,000 Australians, is in deep trouble, writes Robert Gottliebsen of Business Spectator.
Kohler: Gillard’s incurable retail affliction
Relations between the federal government and business are as bad as they’ve been for 40 years, and it’s not just because of the proposed carbon tax.
Despite 106,000 new jobs, the economy slows
Can an economy that created just over 106,000 new jobs in the three months to September, slow to a dirge-like stutter?
Woolies booming; stand by for a rate rise
Woolworths has shown why 2007 was a boom year for it and most of its competitors with a 28% rise in first half profit. Not the sort of news you want headlining a week out from a Reserve Bank board meeting that will consider another interest rate rise, writes Glenn Dyer.
