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Research

Report

Pulse: Retail Outlook - March 2012


Retailers and shopping centre owners face some challenges in the years ahead, but current pessimism towards the sector in some quarters is likely to prove excessive. Retail turnover will recover on the basis of a solid economic and population growth outlook, while spending growth is also likely to get a slight boost at some stage over the next few years as the household saving rate falls from around 10% of household income to settle around 7%. Increased competition from international retailers will influence the business strategies of Australian retailers and affect retail landlords to varying amounts, which will increase the performance differential between prime and secondary centres. ​

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