Australia retail sales rose 1.8% mom in January, above expectation of 0.4% mom. Director of Quarterly Economy Wide Statistics, Ben James said: “The emergence of the Omicron variant and rising COVID-19 case numbers, combined with an absence of mandated lockdowns has resulted in a range of different consumer behaviours. We have seen the type of […]
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During the COVID-19 lockdowns, renters and buyers benefited from an uncertain housing market. Mortgage rates were at historic lows for buyers, and landlords slashed rents considerably to entice renters to renew leases and draw in Read more…
Nordstrom, the luxury fashion retailer, was once owned by its founding family with the same name. However, like most former family-owned companies, the Nordstrom family had to sell most of the company’s ownership to keep Read more…
