▶youtube BusinessRetail first seen 2 h ago, last 2 h ago, peak #12
Cost of living squeeze hits Australia's best-loved retailers
Original: Spending squeeze hits some of Australia's most loved stores | The Business | ABC NEWS
Australian retailers, including some of the country's most established and popular store chains, are feeling the strain of the ongoing consumer spending squeeze, according to ABC News business coverage. With households cutting back amid high interest rates and cost of living pressures, discretionary retailers are among the hardest hit, raising concerns about store closures and job losses across the sector.
Why now: Cost of living pressures in Australia are a major ongoing concern, and viewers are closely following which retailers are suffering as consumers tighten their belts.
Evidence
- Spending squeeze hits some of Australia's most loved stores | The Business | ABC NEWS · ABC News (Australia) · 102.7K
API: https://socialmediatrends-api.osmike.com/v1/trends/18915