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Amazon set to open physical store – could it be a hit?

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Amazon could soon open physical stores poised to be somewhat similar to “department stores”

According to the Wall Street Journal the online retailer is looking to expand its retail footprint.

The newspaper states that Amazon plans to open the stores in the United States.

WSJ states that some of the first Amazon department stores are expected to be located in Ohio and California.

It’s report highlights that the new retail spaces will be around 30,000 square feet, smaller than most department stores – which typically occupy about 100,000 square feet.

The stores will offer items from top consumer brands

The Amazon stores will dwarf many of the company’s other physical retail spaces and will have a footprint similar to scaled-down formats that Bloomingdale’s Inc., Nordstrom Inc. and other department-store chains have begun opening, the people said.

The company recently overtook Walmart as the world’s largest retail seller outside of China.

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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Money

Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Money

Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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