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The Retail Industry Has Become An Economic Hero Of Australia.

2011/11/23 13:05:00 18

According to foreign media reports, sluggish retail Departments are indispensable for Australian economic development. Assistance And contributed 120 billion Australian dollars to Australia. Economics Gross value.


Margy Osmond, chief executive of the Australian National Retailers Association, said that the weakness of the retail sector in hard times has spread throughout the economy. In a statement, she said: "the growth rate of the retail sector has slowed down under the multi speed economic system, but in the field of employment creation, its pivotal position is unparalleled in other sectors."


A joint report by RightResearch and PWC showed that one of Australia's 7 jobs was created by the retail sector, and one of the 10 Australian staff was in the retail sector. "Although the retail sector has been running thin ice over the past few years, its contribution to the 120 billion yuan economy is indelible."


With the coming of Christmas, advertisements from major commercial radio stations send a message to Australia: "the economic status of the retail industry is undesirable."


Russell Zimmerman, executive director of the Australian Retailers Association, said retailers offer a total salary of 36 billion Australian dollars to Australia. "They have produced a total of 60 billion Australian dollars, including other industries, such as manufacturing, marketing and research."


Gary Black, chief executive of the national Retailers Association, said the Department included 140 thousand businesses from individual businesses to large sellers.

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