Chadstone Development Discussions


Christmas leadup shopping slower than usual in 2010

Fri, 17 Dec 2010 12:00 am By Admin

This year, sales in the lead up to Christmas 2010 has been slower than usual. The effects of the global financial crisis, coupled with the recent interest rate rises, have caused shoppers to become reluctant to spend, and even procrastinate on the Christmas spending.

Consequently, in the two weeks leading up to Christmas, Chadstone has not had the expected patronage. In fact, in the final week before Christmas, it was not at all difficult to find a carparking space during the week.

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