‘Dangerous false economies risk limiting retail’s recovery from challenging period’

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You can’t manage a retail business quarter by quarter. Short-termism threatens to inhibit innovation and limit retail’s potential when tough times recede, warns True’s Matt Truman

There is no shortage of commentary and analysis indicating that 2023 will be exceptionally challenging for the retail sector globally.

Consumer confidence is close to long-term lows, inflation has become far more entrenched than policymakers expected and consumer wages, in real terms, are contracting at unprecedented rates. 

 

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