• by 8x8
• 28 Aug, 2019

As challenging economic conditions and subdued consumer spending contrive to keep the Australian retail sector in the doldrums, finding ways to cut costs and improve productivity has never been more important. It’s a matter of ‘do or die’ for scores of businesses which are only a few sales away from bankruptcy. In 2018, insolvency firm SV Partners estimated around 1500 local retailers were teetering on the brink, including 260 businesses with turnover greater than $10 million a year.
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