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Ann: Details of upcoming business update, page-5

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  1. 4,274 Posts.
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    It depends on the scope of the update. Its its only backward looking, everything will appear fine. However, if they are brave enough to also give an honest, forward-looking appraisal, thing could look quite bad. For example, recent data from NZ shows that retail sales (excluding supermarkets) are down more than 90% since the lockdown began. If the trend is similar elsewhere, things could looks pretty ugly IMHO.
 
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