Deloitte Access Economics partner and Retail Forecasts principal author,
David Rumbens, said: “Australia’s retail sector has been sustaining a reasonable rate of sales growth in an unconventional way – not so much from income growth, but leveraging off consumers’ willingness to spend. “That willingness to spend has been supported by very strong asset price growth, creating a massive windfall for one set of consumers. But for another, and largely separate group, they have been associated with a significant lift in debt commitments.” |
Futura4POS powered by PosiflexFutura4POS is already transforming hundreds of retailers around the world into operational experts. Futura4POS is our newest product to our suite of offerings is powering some of the largest retailers in the world.
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Local retailers v global entrants: Five tips for Australian retailers to stay competitive against global giants
Managing Director of Futura Retail Solution ~ Craig Downing, sits down with Smart Company to discuss five ways local retailers can remain competitive during the time of global retail players entering the Australian market.
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The Futura group of companies began in Hamburg in 1975, when Futura directors began working with one of Europe's largest fashion retailers to create their merchandise control system. The key components of this system were then programmed into Futura as a complete enterprise retail system (ERS). Since then more than 35,000 installations have occurred across the globe.
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