Where are you shopping these days? Given yesterday's shock result for department stores I thought I would have a look at where we spend our money.
For each of the sectors, what proportion of our shopping dollar do they capture. The results are a little surprising ... We are spending more at food outlets and cafes, restaurants and takeaways. We are spending less at department stores and clothing and footwaer outlets.
I suspect the recent decline in household goods reflects lower prices and a higher Australian dollar.