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Swiss pharmaceutical titan Novartis AG on Tuesday announced an overhaul of its operations that concerned several multibillion-greenback deals with GlaxoSmithKline intended to permit Novartis to give attention to its oncology business and increase profitability, the companies stated.
Unemployment is low, actual disposable private revenue is rising, consumers are benefitting from low inflation, and households are enjoying growing wealth because of rising house costs and a powerful stock market…these components put more money within the pockets of customers that retailers will compete to capture.