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Retailers on the ropes as consumers all but close their wallets

Retailers including JB Hi-Fi and Temple & Webster flagged weaker sales as the consumer discretionary index fell more than 5% in five days, investors said.

The shareholder jury has spoken: the discretionary retail sector is in an unambiguous slump.

3 Articles

Sydney Morning HeraldSydney Morning Herald
+2 Reposted by 2 other sources
Lean Left

Retailers on the ropes as consumers all but close their wallets

The shareholder jury has spoken: the discretionary retail sector is in an unambiguous slump.

·North Sydney, Australia
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Sydney Morning Herald broke the news in North Sydney, Australia on Wednesday, August 19, 2026.
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