Business Franchise Australia

TRUSTED GLOBALLY FOR OVER 30 YEARS IN FRANCHISING

CARNAGE IN RETAIL BUT THERE’S LIGHT AT THE END OF THE TUNNEL

The new normal for retail

Retail businesses across Australia and New Zealand are facing a ‘new normal’ following COVID-19 shutdowns, and the economic impacts of this. Despite the carnage this has caused the retail environment in 2020, there is light at the end of the tunnel.

In CBD markets like Perth, major retailers are saying that they are seeing business return to 70 per cent of sales and they expect this level of activity to remain for the next several years. This gives an indication of how other CBD markets may fare as they recover into a new normal.

 

 

Jon Sully is Partner and Founder of BDC Partners. As a former co-owner of the successful retail food chain Michel’s Patisserie, managing the expansion of the group franchise network to over 350 stores, Jon has unique retail experience from all sides of the industry. Over the past 30 years, Jon has continued to build vast knowledge across all aspects of retail, franchising and commercial property.

BDC Partners is a solution-driven disruptor created to support the Australian retail and franchise industry. BDC Partners works with retailers and franchisors on services, including finding the right retail property; franchise recruitment and development; location analysis; legal representation; risk management; finance options; shopfitting; accountancy; online and digital marketing strategy and implementation; and general advisory.