Quantcast
au iconAU
au iconUK
au icon AU
uk icon UK

 

 

Unprecedented number of store closures could hit landlords and other retailers

An unusually high number of store closures and retail collapses in the first weeks of 2020 has prompted concern over the impact on Australia's major landlords, with one expert warning the closures could have a flow on effect for the local retail market.

Unprecedented number of store closures could hit landlords and other retailers
smsfadviser logo
  • Shared by The Age
  • •
  • January 20, 2020
  • •
  • 1 minute read
Share this article
Unprecedented number of store closures could hit landlords and other retailers

Since the new year, a total of 169 closures have been announced at retail locations around the country as a slew of high-profile merchants raise the white flag in the face of a persistently challenging trading environment.

Read more at The Age. 

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox