Retail Sector Warns Of Job Cuts As Fuel Costs Surge

Retail & Consumer Goods now Europe’s most distressed sector, Weil Index shows — UK retailers under intensifying pressure - InternetRetailing

Retail and consumer goods businesses are now the most distressed sector in Europe, according to the latest Weil European Distress Index (WEDI). Tracking around 3,700 listed European companies, and widely viewed in financial circles as a barometer for default risk, the WEDI shows that although overall distress eased slightly on the quarter, the sector’s six‑month rolling distress level has risen to its highest point since the global financial cri…

Retail Sector Warns Of Job Cuts As Fuel Costs Surge

Australia’s retail industry is urging the federal government to introduce a temporary cut to diesel fuel excise, as rising transport and supply chain costs begin to weigh heavily on businesses, employment and long-term viability. New data from the Australian Retail Council shows that increasing expenses across fuel, freight and logistics are now directly influencing how

Retail jobs and business viability under threat as fuel and supply chain costs surge

The Australian Retail Council (ARC) is calling for an urgent temporary reduction in diesel fuel excise, as new data shows rising fuel and supply chain costs are pushing retailers to cut jobs and reduce investment due to the rising threat to business profitability and viability. While retailers welcome recent efforts by the Federal Government to secure fuel supply, new findings from ARC’s Pulse Survey of retail businesses reveals that cost pressu…