Summary
BHS and Topshop owner Sir Philip Green has predicted "slow pain" for retailers this year. What's going on?
The billionaire said the retail market is "as tough as I've seen it" and warned it is like "continual jabs" at the moment. People aren't going shopping as much any more because they are worried about rising mortgages, higher taxes, astronomical household bills and losing their jobs. This is not good news for retailers, who are forced to cut prices to tempt people in.See the full content of this document
Extract
Something in the City Retail Rot
That sounds grim. Who's struggling most?
Las...See the full content of this document
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