Consumers are keeping their wallets closed, but retailer results show there's hope

(Image: Getty)

Tue, 04 Apr 2023

The first reporting season of the year is now done and dusted for listed retailers with most of them releasing surprisingly upbeat results. But the results have also come out at a time when consumers are starting to strap down their wallets as a recession inches closer.The goodBriscoe Group, KMD Brands, Hallenstein Glasson and Michael Hill have all revealed surprisingly positive results in the past five weeks.Briscoe Group, which runs the Briscoe’s Homeware and Rebel Sport chains, somehow managed to push its earnings above expectatio...

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