Over Half of Retailers Fear Online Competition
Over half (55%) of retailers see slowing demand as the biggest barrier in the year ahead, with 56 per cent expecting online sellers to have an adverse effect on bricks and mortar retailers. Dun & Bradstreet’s latest Business Expectations Survey for the March quarter 2012 also revealed more than one in three (34%) retailers expressed concern over wages and salary growth, up from one in four (25%) during November. According to Dun & Bradstreet CEO, Christine Christian online traders have significant advantages over bricks and mortar retailers, for whom operating costs invariably erode profit margins.
To read the full story click on the attachment: DB Business Expectations Survey December 2011
Source: Dun & Bradstreet Australia