Personal Computers Dominate the world

Personal computers (PCs) have come a long way since their inception in the 1970s. What was once considered a luxury item for businesses and hobbyists has now become a ubiquitous tool in almost every home and office. Today, PCs are more powerful, versatile, and affordable than ever before. Whether you need a computer for work, entertainment, or both, there’s a PC out there that’s perfect for you.

One of the biggest advantages of PCs over other devices is their flexibility. With a PC, you can easily switch between different applications, open multiple windows, and multitask like a pro. This makes them ideal for work environments where you need to juggle multiple programs and documents at once. But PCs aren’t just for work – they’re also great for entertainment. Whether you want to play games, watch movies, or listen to music, a PC can handle it all.

Another advantage of PCs is their customizability. You can easily upgrade or replace individual components to keep your PC running smoothly and up-to-date. This means you can keep using the same PC for years, instead of having to buy a new device every few years like you would with a smartphone or tablet. Plus, with the wide range of options available, you can customize your PC to suit your specific needs and preferences.

One of the most popular PC brands on the market is Dell. Dell has been a leader in the computer industry for decades, producing high-quality devices for both consumers and businesses. Their PCs are known for their reliability, performance, and value. Whether you need a desktop, laptop, or 2-in-1 device, Dell has a product that will meet your needs.

In addition to their hardware, Dell also offers a range of software and services to enhance the user experience. From productivity and security tools to support and repair services, Dell has everything you need to get the most out of your PC. You can save on your order of a Dell computer with a Dell Coupon code.
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Wesfarmers sees lower profits

Due to the implementation of COVID-19 restrictions, which affected trading days, the Bunnings lost about 34,000 sales days during the half.
Despite the disappointing results, Wesfarmers boss Rob Scott was still pleased with the company’s performance.
The rise in commodity prices affected the profitability of the retail businesses, but this didn’t stop the Wesfarmers from growing its chemicals, energy, and fertilisers division.
Scott noted that without the restrictions imposed by COVID-19, he would have expected the company’s performance to be worse.
He noted that Australia’s economy is starting to show signs of recovery, and the low unemployment rate will accelerate the recovery.The company’s stores are seeing a decrease in isolation due to the implementation of COVID-19.
The opening of Australia’s borders should help lower the cost of living, but Wesfarmers noted that volatility could still occur during the 2022 financial year.
In the near term, Scott noted that the company is preparing for higher costs due to the changes in the psychology of consumers.
The company’s customers will start focusing on price as they try to manage their household budgets.
It has been widely speculated that companies can pass on increasing costs to their consumers, but Scott argued that this approach is the wrong way to look at the issue.
When prices rise, companies often try to pass on more to their customers. Scott noted that this can be very costly for businesses.
In times of low prices, Wesfarmers wants to be there to help its customers. The company’s scale and merchandising capabilities allow it to manage its costs efficiently.
Although he acknowledged that there’s a chance that the rise in commodity prices will push down EBIT margins, Scott still believes that it will result in higher overall profit.
Wesfarmers’ goal is to be more price competitive in the future, which will help grow its sales.
The company’s goal is to keep prices low over the long term, and this will allow it to maintain market share gains.
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Dusk reports great figures for 20-21

Dusk is one of Australia’s most popular retailers of Candle’s and this popularity seems to have exploded with the company reporting that their profits have tripled. Dusk floated in 2020 and during this time was able to grow their profits three fold due to strong demand from consumers stuck at home during the pandemic.
Dusk reported that net profit was $21.8 which is a rise of 130 per cent with EBIT 225 per cent higher at $38.4 million. Reasoning for the great performance was a substantial rise in sales along with an increase in gross margins. Total sales for the period was $148.6 million, an increase of 47 per cent over the previous period.
As expected during this time lockdowns and shutdowns, online sales grew at a high rate. The sales performance from stores is nothing to be sneezed at with growth of a respectable 33 per cent. Sales from online channels climbed by 27 per cent which represents 7.5 per cent of the total sales.
Dusk was a recipient of the government’s JobKeeper subsidy and this netted the company $2.8 million in the first half of the 2021 financial year. However, the company decided that it’s strong performance warranted it returning the subsidy to the government.
The start of 2022 has started roughly with most of it being affected immensely by the lockdowns and store closures due to COVID spread along the east coast. Many of the staff in these locations have been stood down without pay. Dusk are hoping for a strong Christmas to make up for the difficult year.
Stores that are performing well are online stores such as gorman who have had a strong online presence for years. If you’re looking to buy during the gorman sale, use a gorman discount code to save.

GDP growth the most in 60 years

Australia’s GDP has shown some signs of life with the December Quarter figures showing a 3.1 per cent rise in December. This figure has surprised many economists who did not expect such a solid bounce back and is the biggest increase since records were kept 60 years ago. This big increase still resulted in a negative 1.1 per cent decline in the economy in 2020.
Many in the industry have noticed that suppliers and producers are flat out meeting supply with many in the housing and development industry the busiest they’ve ever been.
Many have been struggling to keep up with demand with the only constraints they have is the worldwide slowdown in manufacturing and freight capacity limitations.
The cause of much of the heightened demand has been due to the government’s stimulus. The big one is the Government’s Home Builder program which provides funds for home buyers to build new houses or renovate existing ones. With many people cashed up due to the lack of overseas holidays, housing is booming.
Confidence seems to be coming back into the community which is a positive for businesses that have been doing it hard over the past year. Shoppers are now looking to open their wallets to retail again and many online stores are benefiting. One of those is Beginning Boutique who have had soaring sales in this time. Use a Beginning Boutique coupon code to save on your purchase today.

Online Shopping Could Affect Superannuation

Coronavirus has thrown the superannuation industries into disarray with huge losses in the portfolio of superannuation holders. For those that are retiring in the next couple of years, they may need to delay their retirement and those that are retired are faced with a lower income to live on.

Property is also a big part of superannuation portfolios and with Coronavirus, property is also expected to perform poorly over the next couple of years. Not only is it expected that property prices will fall but there will also be lower rents from tenants struggling to survive themselves. Job losses and closed shops have forced many people onto the unemployment queue with the government preventing tenants from being evicted.

As a result, property returns are expected to be week of the medium term with retail property especially facing huge challenges. Many tenants are who have been forced to close have either negotiated lower rents or have closed up all together. Some other tenants have refused to pay their rent and these situations are making their way through the courts.

The forced closures of stores and the partial lock downs imposed has forced many businesses to go online for sales. Those that are successful online will feel less of a need to have a physical store. Stores like Catch or Catch of the Day have had a great amount of success being an online only store. Use a Catch of the day coupon for your purchase. These success stories of online only shops will drive returns for retail property even lower with more vacancies.

Consumer spending curbing employment and spending – Cotton On

Consumer spending world wide seems to be decreasing with a huge amount of competition in most industries due to a globalisation of the market. A report was tabled by IBISWorld forecast which showed that the clothing industry would feel the brunt of a more cautious consumer. IBISWorld determined that the Australian retailing industry would only grow by a rate of two percent annually through to 2018 and 2019. This low growth figure was not only affected by increased competition but also a more reserved consumer attitude and rising costs of rent, especially in major shopping centers.

Cotton On being a global player, is greatly affected when consumer spending dips and rises. Within the Australian market, it is not completely clear how Cotton On is performing as the company has various legal structures set up which make it’s performance locally not very easy to interpret. They also are not required to lodge any financial information with the local regulators.

It has however, indicated that it’s performance overseas has been less than ideal with performances in key expansion countries such as Brazil, Thailand, Nambia, UK and the US coming in lower than anticipated. In these markets, Cotton On has opened over 140 stores. Penetrating these markets would always be a big challenge with the existing competition from Zara and H&M already being established.

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