when housing goes up it makes people feel wealthier. When it goes down they see their wealth deteriorate. Wages growth is low. Inflation in low. It's fair to say retail has struggled across the board.
However I agree that this is not the sole reason for TRS woes, they are a discount store so there is an opportunity to attract more customers in a downturn, even if on average customers are spending less due to poor economic conditions.
Bigw has been having a terrible time too. Kmart has done well it seems. Good management and a successful strategy is key.
- Forums
- ASX - By Stock
- wow
when housing goes up it makes people feel wealthier. When it...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.04 |
Change
-0.090(2.88%) |
Mkt cap ! $113.3M |
Open | High | Low | Value | Volume |
$3.13 | $3.13 | $3.01 | $107.5K | 35.09K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 327 | $3.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.11 | 1487 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 327 | 3.040 |
2 | 1847 | 3.030 |
1 | 5612 | 3.020 |
2 | 5732 | 3.010 |
7 | 5501 | 3.000 |
Price($) | Vol. | No. |
---|---|---|
3.110 | 1487 | 1 |
3.130 | 7836 | 1 |
3.210 | 600 | 1 |
3.300 | 1500 | 1 |
3.350 | 317 | 1 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
TRS (ASX) Chart |