Australian Retailers Seek to Overcome 'Most Challenging Year Since Covid'

The transcript discusses the challenges faced by Australian retailers, including high business costs and subdued consumer spending. It highlights bursts of spending during sales events like Black Friday, which saw a 5.5% increase. The future outlook emphasizes the importance of interest rates on consumer confidence. Sustainability and innovation, particularly in AI, are key growth areas. The need for government and industry collaboration on sustainability and policy frameworks is stressed.

What is the significance of sustainability in the retail industry as mentioned in the text?

How can Australian retailers compete with disruptors like Timo and Sheen?

What is the importance of co-investment in sustainability and waste recycling infrastructure?