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‘Incredibly wonderful’: Consumer spending is stable despite Omicron

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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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