Summary
THE boss of John Lewis has warned that the battered High Street is poised on a knife edge and could face disaster if hit by any further shocks to consumer confidence.
Managing director Andy Street said the consumer economy remained 'fragile' despite stores being in the thick of critical preparations for Christmas. High Street sales are stagnant and shoppers have less money to spend.See the full content of this document
Extract
; Retailers 'Need a Few Weeks Without More Bad News'
'I would describe the retail market as flat,' said Street, speaking ahead of the opening of the latest John L...
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