‘Unemployment fears could weigh on consumers’ minds even more than price rises’

George MacDonald

A cautionary comment from fashion powerhouse Next that rising unemployment could be a threat in the months to come will resonate with other retailers, observes Retail Week executive editor George MacDonald

Fashion and home giant Next put in a typically strong set of quarterly numbers this week, when it reported full-price sales up 10.5% – well ahead of expectations.

 

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