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‘Incredibly wonderful’: Consumer spending is stable despite Omicron



National Retail Association CEO Dominique Lamb says it has been “incredibly wonderful” for the retail sector as consumer spending holds up despite Omicron.

“Retailers, they make about a third of their profit in the Christmas season,” Ms Lamb told Sky News host Caleb Bond.

“And from the middle of November though to Christmas day, Australians spent about $60 billion in store and then a further $8.2 billion online.”

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