JobKeeper has done its job over the last 12 months, allowing retailers to hold onto their staff through what has been an incredibly tough time. Border and travel restrictions have seen consumers splashing their spare cash, which has helped to keep many afloat. But as travel restrictions ease and JobKeeper ends, consumers will be looking for other ways to spend their money – and this could spell disaster for retailers as they face a double hit – no support and less customers.
It’s going to be a tough year ahead for many as the pot of gold starts to rapidly shrink. Time will tell who will survive and who will not. In this interview with Stephen Cenatiempo from Canberra’s 2CC, Roger and Stephen discuss the challenges retailers have going forward.
