Most of us will agree that you are a time trying to be retail.
On the consumer side of the equation, only the growing value of everything created a problem to save money.
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We almost all see more of our salaries, leaving less money for different days like holidays and luxury goods.
Proof is in the index of consumer prices. In February, the price of CPI consumer goods and services increased by 0.2%. Every year, it increases the annual inflation sign by 2.8%.
Here’s how the prices of key products and services change in February:
- Eating: 0.2% increase
- Energy: 0.2% increase
- Electricity: Increase 1%
- New vehicles: 0.1% decreases
- Used vehicles: 0.9% increase
- Clothing: 0.6% increase
- Shelter: 0.3% increase
- Transport: 0.8% decreases
- Medical care services: 0.3% increase
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It’s hard to be a retailer
As prices increased, consumers feel pinch, many retailers are fighting changes.
Most of these retailers were located in closed shopping centers.
Closed shopping centers were a popular place where most Americans were buying or just hanging, changed the tastes.
We have more shopping options, and most of our true truth, we would save money, money – or the discount seller or online is better to make home and online.
This means that many Megacy Mall retailers, such as JC Penney, Body Shop, Forever 21 and Express, encountered problems. All these retailers have struggled in great struggle in recent years, or applied for protection from bankruptcy.
Mall retail fossil makes a difficult decision
A similar case for fossil (Fosl( Mall seller known primarily for hours and accessories.
Fossil tests a turning plan; Unless the consumer’s taste changes, Fossil is trying to build a loss of profit and stancan.
In Q4, sales fell in every region and the net sales decreased by 19%.
Thus, the clock brand decided to close the store more this year. He plans to close about 50 shops and recently said he had been a period in February.
Fosil, in 2024, closed 54 shops in a net, and last left 248 at the end of the year.
“We believe that we look at our consumer work, strengthen our model, but also a significant opportunity to make it more profitable,” he said.
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