A 4.94 percent inflation rate was recorded in July, the highest rate in seven years. Not only are commodities in short supply, but imported materials are expensive. Last month’s inflation rate was the…
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Cosmetics hike up prices in Korea
Imported cosmetics and luxury brands have hiked up prices in September, blaming the increases on growing costs for raw materials and labor.…
Worst yet to come for Myer and David Jones, says expert
If the endless influx of global retailers is hitting David Jones and Myer where it hurts, it is just the beginning, a retail expert says.
Retail Doctor founder and chief executive Brian Walker points …