Online retailers are struggling in the post COVID world as customers return to physical retail stores. Temple & Webster, the homewares online store, reported a drop in sales of 14% compared to the same July to November period last year, when in lock down. Iron Ore has risen above $100 per tonne in recent days, and Qantas upgraded its profit forecast for the first half of the financial year from around $600m to between $1.35bn and $1.45bn.
Wenzel’s weekly wrap
