Legacy stores have been closing but physical retail is not 'dead'
business
Australian retail has weathered a brutal year, ABC News reports, as high rents, wage increases, and the cost-of-living squeeze forced major brands to shutter stores. Yet physical retail is not dead — some brick-and-mortar stores are managing to survive the downturn.
Source: https://www.abc.net.au/news/2026-07-26/retail-autopsy-wha...
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