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Online sales a concern for retailers,[link widoczny dla zalogowanych]
The Dun Bradstreet national business expectations survey, released today, indicated sales and profit expectations were down year-on-year,[link widoczny dla zalogowanych], regardless of the sector showing a powerful performance in the September quarter.
Sales expectations fell 15 points in the same time this past year, while profit expectations dropped 22 points for the same period.
Retail sales increased for an index of 14 within the September quarter - up from -3 within the June quarter,[link widoczny dla zalogowanych], while retail profits reported an index of two compared to -10 within the June quarter.
Dun Bradstreet leader Christine Christian said competition from online sellers was an increasing concern for Australian retailers,[link widoczny dla zalogowanych].
"High street retailers are facing increasing competition from online stores, compounded by the fact that they're coping with overheads not applicable to e-commerce,[link widoczny dla zalogowanych]," she said.
"The situation will probably deteriorate for those retailers unwilling or not able to adjust to changing consumer behaviour,[link widoczny dla zalogowanych]."
Over fifty percent (55 per cent) of retailers surveyed named slowing demand his or her first concern for that year ahead,[link widoczny dla zalogowanych], with 56 percent saying they expected online retail to affect mainstream retail businesses.
Ms Christian said a general negative outlook for that global economy seemed to be having an influence on expectations.
"As the world contemplates a second recession,[link widoczny dla zalogowanych], it is inevitable that local businesses will start to question how this may affect their business within the coming year,[link widoczny dla zalogowanych]," she said.
"As insulated once we happen to be so far from the turmoil in overseas markets,[link widoczny dla zalogowanych], another global recession will certainly have consequences for sectors from the economy."
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