Retail sector faces meltdown, report claims

25 Jul 2008

Rising costs and slowing demand could create a nightmare scenario for the retail sector over the next 10 years, according to consultants Verdict Research.

The twin pressures could irrevocably reshape the retail landscape, resulting in both bankruptcies and job losses, it claims. Costs on the up Verdict predicts retail cost inflation could rise from 4%...

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A sideways look at what's going on in the world of retail, with Talking Retail editor David Shrimpton

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