Trade: Labor, inflation and changing consumer, the main challenges of 2023 in retail industry

  Price will be more important for consumers than brand this year, two-thirds of retailers estimate, a potentially troubling predicament, as shareholders are pressuring retailers to push price increases to compensate rising costs, according to Deloitte Retail industry outlook 2023.   At the same time, seven out of ten participants identify labor issues as the main challenge of the year, and almost all of them expect inflation to pressure their profit ...

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