Unlocking store profits

Over the past 12 months we have seen several Australian retailers close their doors, from Dick Smith to ABC Retail, with the most recent being Australian Geographic. Over the past couple of years, we have witnessed this iconic Australian store start to move towards a generic mix of merchandise, which ultimately left them open and vulnerable to the competition. As they began to focus on Christmas trade, this meant they relied on a strong Christmas to have a good cash flow throughout the year –

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