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2025 Provocative Predictions for Retail's Future: Part 2

Remarkable Retail

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Retail Revolution: Closures and Adaptations

This chapter explores the alarming forecast of over 15,000 retail store closures in the U.S. amidst rising inflation and shrinking profit margins, while highlighting the resilience of physical retail sales overall. It also addresses the ongoing shift towards private label products driven by consumer demand for quality and value, along with recent job reductions in major brands like Amazon and Adidas. The discussion underscores the implications of these changes for retailers as they navigate market dynamics and the challenges of unionization.

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