Global Finance: Retail Weak

Shoppers looking for a bargain at the Boxing Day sales in Pitt St Mall Sydney, Saturday, Dec 26, 2015. Shopping crowds are down this year in the city due to suburban Westfields opening for the first time. (AAP Image/Jane Dempster) NO ARCHIVING

Shoppers looking for a bargain at the Boxing Day sales in Pitt St Mall Sydney, Saturday, Dec 26, 2015. Source: AAP

Economist Dr Daniel Chan explains the reasons behind weak retail.



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