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Homewares boom may not be enough to keep Australian retailer doors open – ABC News
Many Australians grappling with the coronavirus pandemic have sought relief in retail therapy, which has sent homeware sales surging — but it may not be enough to keep some retailers afloat.
Many Australians grappling with the coronavirus pandemic have sought relief in retail therapy, which has sent homeware sales surging but it may not be enough to keep some retailers afloat.
Key points:
- CommSec said the sale of household furnishings were up 52 per cent
- People are looking to replicate the resort feeling, according to a shop owner
- One industry expert said retail trends had accelerated by more than a decade
Industry analysts have warned the retail…
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