Dells new eyewords and sunglasses are selling out fast.
The retailer has reported its biggest ever sales slump.
Dell has sold fewer than 1,000 of its latest models this week, according to its sales figures for September.
Sales plunged 11% in the first quarter, and the company expects a further 10% drop next quarter.
But there is little doubt that the slump is being felt.
It is not just a Dell problem.
In Australia, the retailer is having to find other ways to keep customers.
“I think the impact is that people are starting to look for alternative products, and that means some brands that might have been previously sold out, and so there is an increasing number of alternative products,” said Dr David Lydon, a senior lecturer in consumer economics at the University of New South Wales.
And it’s not just the US.
Many retailers have been hit hard by a drop in sales.
More than 300 retailers have already reported a significant drop in orders for the first three months of the year.
Despite the downturn, Dells online sales have rebounded in the UK.
As of Tuesday, its online sales were up 5.5% year-on-year.
A spokesman for the retailer said it was “very concerned about the state of our business” and was “taking steps to improve the resilience of our brands”.
“We are committed to working with our customers to help them keep up with their daily needs,” the spokesman said.
Some retailers have struggled in recent months, and have had to sell off some of their inventory to make up for the decline in sales and margins.
Ridgefield, which makes furniture and furniture accessories, is struggling.
Its sales have dropped from £6.3 billion to £5.3bn since last year.
The retailer has reduced its headcount by 20% in that time.
On Tuesday, the firm announced it would close its warehouse, and will focus on increasing its online presence.
There are also concerns about the impact on the economy of the slump.
“There is a feeling that it is a significant factor in the reduction in retail spending in the country,” said the director of research at the National Institute of Economic and Social Research, Richard Hawke.
He said it could mean more spending on things like petrol and other goods, and more spending by businesses.
‘It’s going to hurt business’There is some evidence that the recession may have exacerbated the impact of the downturn.
Hawke said it has been found that the longer people have been unemployed, the worse off they are likely to be.
However, there is some debate about whether this is actually a good thing.
An economist from the Australian National University said the evidence on the effects of the recession on businesses and the economy was mixed.
Dr David Stirling said while there was some evidence to suggest that downturns can boost the economy, he did not believe it would necessarily help people get back to work.
“It’s not a very positive outcome, so you’ve got to ask the question whether there’s anything to the evidence that actually does show a positive effect of the economic downturn,” he said.
What else is happening in the US?
The Dow Jones Industrial Average fell 8.8% on Tuesday.
Investors sold off their stocks in response to the drop in the Dow, and were also struggling with the Federal Reserve’s interest rate hike.
Banks were on high alert for a potential recession.
Consumer confidence hit a two-year low, while the dollar was down 3.4% against the yen.
What are the latest developments in the Brexit saga?
There has been no formal announcement from Britain about its intention to leave the EU, but Theresa May said she would like to negotiate a transition period, in which Britain could stay in the bloc without paying tariffs.
British Prime Minister Theresa May speaks during a meeting with her European Union counterparts at the EU summit in Brussels, Belgium, on Sept. 24, 2019.
While the EU has said that Britain’s exit would be “disastrous”, Ms May said that would not happen.
EU leaders also discussed a potential deal to give Britain more control over its own borders.
Mrs May told reporters on Tuesday that she was not prepared to say when the UK would leave the bloc.
She said: “I think you have to ask yourself, is this a fair thing?
And I think that’s what we are going to have to be prepared to face.”
What does Brexit mean for Australia?
Australia is in the process of signing a free trade agreement with the EU.
Australia will also leave the customs union and free movement of people with its remaining members.
That means the government has no say over the future of its relationship with the rest of the EU and no say on the future relationship with Australia.
Ms May has promised