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Just as retailers were attempting to recover from the challenges of the pandemic, another quandary has reared its head: inflation. Consumer demand has cooled and retailers are desperately trying to put a dent in the industry-wide, record-high inventory surplus rather than aggressively acquire it.
INCLUDED IN THIS TRENDLINE
- With inflation and recession fears looming over the holidays, are retailers still able to market joy?
- 4 in-store technology trends that are shaping 2022
- 18 retailers at risk of bankruptcy as consumers tighten wallets in 2022
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