Our guest on the Morning Mail today is Evans and Partners Senior Research Analyst Tony Wilson.
Tony summarises the results of the Evans and Partners Reality Channel Retail Trends Survey that reflects the conditions within this sector in March. Tony discusses the key findings in sector sales, gross margins and inventory.
As a result of the findings in this survey, and coupled with an upcoming change with David Jones Ltd’s credit card arrangement with American Express, Tony has changed his recommendation on the company. Tony details the change this morning.
