Retailing billionaire Solomon Lew, chairman of ASX-listed Premier Investments, says the the Victorian government's move to shut retailing in Melbourne was the right decision now, but it should have acted much sooner to prevent illness, deaths and financial pain.
Mr Lew backed the stage-four lockdown but said the government should have been more decisive earlier, and shopping centres should have closed their doors weeks ago.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for 15 years. Connect with James on Twitter. Email James at james.frost@afr.com
