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Embattled retailers hit by fresh triple threat whammy

on May 31, 2016 | 0 comments

By John Glenday

Britain’s embattled retail sector is facing a fresh triple bill of threats led by the introduction of a new minimum wage, evolving consumer priorities and the ongoing uncertainty surrounding next month’s vote on UK membership of the European Union.

Looking to the future across a horizon littered with traps and pitfalls, PricewaterhouseCoopers also added red tape and cyber threats to its ever-lengthening list of downsides facing the industry.

The gloomy prognosis was written following a survey of 37 chief executives representing supermarkets, fashion and home retail sectors which together employ close to one million. It found that a mere 29 per cent Read full story ›

Source: The Drum