Oil Surge Adds Fresh Cost Strain to ASX Retail Shares
Highlights An overnight jump in crude prices has revived freight and fuel cost worries across the Australian retail sector. Harvey Norman and other discretionary names opened softer as the local market tracked a weak Wall Street lead. Value-led formats and everyday categories are again being treated as the more defensive corner of retail. A sharp overnight move in crude oil has done what few sector updates manage: it has united the entire Australian retail complex around a single worry. Harvey ...


