Quite interesting to look at the divergence of performance in the retail sector : while most of the large (well known) chains are improving their performance, a lot of independent stores continue to suffer.
We can see it through the performances of Universal Stores and Accent, which both have a large wholesale business (via CTC for Universal) : . Accent FY 24 sales growth : + 16.3 % for owned retail vs - 16.9 % for wholesale, . CTC mentions "instability in the AU wholesale channel", with better performance for large independent customers vs smaller ones.
