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The retail shakeout has only just begun

Sydney, Australia 2020-02-23 Target retail store. Target Australia is a mid-price department store chain owned by Wesfarmers
As it weights the economic costs against the scale of the public health threat, the federal government is keen to bring the economy out of its induced coma. Federal and state governments have, for the most part, enjoyed strong public support after containing infection and deaths in Australia, but patience is ebbing as the reality of the economic impact becomes more evident. Consumer confidence and retail spending proved challenging for retailers for several years and were further dented by the s