Retailers face cut-throat competition

Cosy profits in retail are a thing of the past. From home-improvement to groceries and clothing, a new kind of competition lies ahead.

The next few days will reveal just how tough the economic and competitive environment has become for Australia’s biggest retailers.

Tomorrow, Wesfarmers reports first-quarter retail sales for Coles supermarkets, Bunnings and its discount department stores, while Woolworths follows up on Monday with supermarkets, Masters and Big W.


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