#retail-challenges

#retail-challenges

The OECD's downgrade of UK growth forecasts to just 1% due to Trump tariffs emphasizes the need for businesses to adapt swiftly to changing economic conditions.

The ongoing outages at Marks & Spencer are attributed to a ransomware attack by the group Scattered Spider, disrupting its operations significantly.

If we have nobody that travels in the U.S., we have no customers. Sales at duty-free stores have fallen between 40 and 50 per cent across the country since late January.

"Investing in technology to help reduce operational expenditure and mitigate increases in their cost base has never been more important. Optimising their store estate and focusing on having the right product lines in place will be vital."

"The closure of West Elm creates one of the largest vacancies in downtown Palo Alto, raising concerns about the revitalization of the area amidst ongoing challenges."

Jenna Ortega expressed her concern over a TikTok trend where fans flip the hair of a plush doll of her character Wednesday Addams, stating, "Please don't."