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Cocooning consumers hit retailers - The Australian

Cocooning consumers hit retailers - The Australian: "

TheBull.com.au

Cocooning consumers hit retailers
The Australian
"Everyone is doing it -- they are in the mindset as they watch the unfolding Christchurch earthquake, floods in Queensland and now the devastation in Japan. All the disasters have added further to their psyche of saving for that rainy day. ...
Brookes seems to have done it all right so far - but is that enough?Sydney Morning Herald
Aussie dept store Myer loses $11M due to natural disastersInternational Business Times

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