Record retail crash following panic shopping spree

Adrian Rollins
Updated May 20 2020 - 5:53pm, first published 4:06pm
Sales of food fell more than 17 per cent last month after surging 24 per cent in March. Picture: Shutterstock
Sales of food fell more than 17 per cent last month after surging 24 per cent in March. Picture: Shutterstock

Retailers have experienced their worst-ever month of trading as households have reined in their spending following a COVID-19-inspired panic buying spree in March.

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Adrian Rollins

Adrian Rollins

Journalist

Adrian Rollins is economics correspondent for the Canberra Times

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