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Navigating Challenges in the Retail Sector: Trends and Strategies
The chapter explores the impact of consumer behavior, inflation, interest rates, and supply constraints on the retail sector from 2021 to 2023. It discusses the struggles faced by consumers and retail corporations, emphasizing the importance of scale, value offering, and convenience. Additionally, it delves into the effects of GDP growth, pandemic-influenced sales growth, M&A activity shifts, and challenges in specific sectors like home furnishing.