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Yet perhaps essentially the most notable trend to emerge from the pandemic was the shift to online retail, notably in Australia and the US. Playing hardball with tenants throughout this unprecedented financial interval is a lose/lose outcome. It’s a false economic system for landlords to try to extract hire from retailers that want their money reserves to outlive the COVID winter,” the Sydney Morning Herald quotes Zahra as saying.

The U.S. market powered a lot of the Danish company’s growth, with year-over-year organic gross sales up 58%. In one other first, the U.S. reached $1.1 billion in gross sales in 2021 and now accounts for 30% of whole gross sales, up from 24% in 2020. Much of the y-o-y drop got here by way of in the second half, and was partly as a outcome of continued impact of the removing of government help packages and the shift in consumer spending away from luxurious items in the course of services. The growing risk of home recession was also increasingly evident in Q4, mirrored in the 5% y-o-y decline to 51t. “While momentum in same retailer income development was broad-based throughout geographies, non-south markets recorded higher general revenue progress largely because …

Yet perhaps essentially the most notable trend to emerge from the pandemic was the shift to online retail, notably in Australia and the US. Playing hardball with tenants throughout this unprecedented financial interval is a lose/lose outcome. It’s a false economic system for landlords to try to extract hire from retailers that want their money reserves to outlive the COVID winter,” the Sydney Morning Herald quotes Zahra as saying.

The U.S. market powered a lot of the Danish company’s growth, with year-over-year organic gross sales up 58%. In one other first, the U.S. reached $1.1 billion in gross sales in 2021 and now accounts for 30% of whole gross sales, up from 24% in 2020. Much of the y-o-y drop got here by way of in the second half, and was partly as a outcome of continued impact of the removing of government help packages and the shift in consumer spending away from luxurious items in the course of services. The growing risk of home recession was also increasingly evident in Q4, mirrored in the 5% y-o-y decline to 51t. “While momentum in same retailer income development was broad-based throughout geographies, non-south markets recorded higher general revenue progress largely because …

Yet perhaps essentially the most notable trend to emerge from the pandemic was the shift to online retail, notably in Australia and the US. Playing hardball with tenants throughout this unprecedented financial interval is a lose/lose outcome. It’s a false economic system for landlords to try to extract hire from retailers that want their money reserves to outlive the COVID winter,” the Sydney Morning Herald quotes Zahra as saying.

The U.S. market powered a lot of the Danish company’s growth, with year-over-year organic gross sales up 58%. In one other first, the U.S. reached $1.1 billion in gross sales in 2021 and now accounts for 30% of whole gross sales, up from 24% in 2020. Much of the y-o-y drop got here by way of in the second half, and was partly as a outcome of continued impact of the removing of government help packages and the shift in consumer spending away from luxurious items in the course of services. The growing risk of home recession was also increasingly evident in Q4, mirrored in the 5% y-o-y decline to 51t. “While momentum in same retailer income development was broad-based throughout geographies, non-south markets recorded higher general revenue progress largely because …