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Fri 30 May 2008
Street Life trends
England & Wales
With consumers tightening their belts and the growth of online, experts examine the future of the retail sector.
If you listen to the analysts, gloomy clouds are gathering over Britain’s retailers as the country’s consumers start to feel the bite of the credit crunch. Their depressing forecasts of sales plummeting during April proved exaggerated however, with retailers showing an unexpected resilience, and consumers’ spending slowing, but not grinding to the halt that doom mongers have predicted.
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