Interesting article ... I like this graph:
Attachment 12378Attachment 12377
Given that trends tend to return to the median ... what possibly could go wrong in retail for the better part of the next decade?
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Interesting article ... I like this graph:
Attachment 12378Attachment 12377
Given that trends tend to return to the median ... what possibly could go wrong in retail for the better part of the next decade?
Deleted (as far as possible). Just another duplicate due to sick forum software and performance.
Thanks for that. On the face of it the signs for Australian clothing retail are not good but I do wonder about two things. Do these figures account for online sales? Also, where some retailers have gone out of business, I believe that would impact the overall figures and possibly mask the impact on remaining retailers. What do you think?
Also, I find it fascinating to see journalists talking about the change in growth rates (e.g. the growth rate has increased 7 fold). How very Robert Muldoon who would talk about the change in rate of inflation is declining. Changes in the rate of growth is the second derivative. A growth rate of 1% is possibly acceptable in the absence of other information, but if this were compared to the previous period's growth rate of say 2.5% then the change in the rate of growth is -1.5%. The second derivative for any business still growing but approaching their plateau will be negative - in other words the upwards slope of the graph is less than 45 degrees. I'm not sure such commentary from journalists is helpful for the average Joe.
Thought it was a cool chart as wellQuote:
Black Peter
Interesting article ... I like this graph:
Click image for larger version.
Name: PreApocalypticSalesgrowth.JPG
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ID: 12378Click image for larger version.
Name: PreApocalypticSalesgrowth.JPG
Views: 3
Size: 32.4 KB
ID: 12377
Given that trends tend to return to the median ... what possibly could go wrong in retail for the better part of the next decade?
The HLG sales chart has the same shape but it'll only take a year or so to return to 'normal'
Would post it but I'll only get an earful as to how great Glassons OZ is and such things won't affect them
[deleted duplicate]
Ferg - I think you meant to say 'percentage points' a few times instead of 'percentage'
Retail sector sales from ABS generally include online sales
Good to see seeweed now buying for the divie (assumption) ...keeping the price up
Remember how all the "experts" told us house prices were going to collapse ?
"Experts" predictions about predicted future consumer behavior are notoriously unreliable.