Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $6
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

Melbourne quake raises question for retailers: Are you ready for a crisis?

In the aftermath of the 5.9-magnitude earthquake that shook Melbourne and regional Victoria on Wednesday morning, some retail leaders may have found themselves saying words they never thought they’d speak: “Thank god for lockdown”.  It meant that most people were at home rather than in offices, stores, or on the street when the quake hit at 9:15 am, likely preventing injuries.  While it was Victoria’s biggest earthquake on record, no serious damage was reported. Several thousan