Harvey Norman to be ‘last man standing’

 In Australia, NewZealand
Gerry Harvey believes his Harvey Norman chain will be "the nlast man standing" as other retailers go bust due to tough trading nconditions.n

The chairman of the electrical, bedding and furniture nretailer has predicted a wave of retailers will close in the early nmonths of 2013 as businesses go under.

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"You’ve seen more retailers go out of business in the last ntwo years than you have seen in the history of Australia and there are nmore retailers currently under pressure," he told reporters after the ncompany’s annual general meeting in Sydney on Tuesday. Sydney Morning Hearld – Read More.

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