PwC shares their latest insights and data on the Retail Outlook 2025 which reveals that UK retailers continue to experience margin squeeze with a mix of topline pressure and cost headwinds. Higher labour costs with an increase in the national living wage, NIC contributions and the Employment Rights Bill, will disproportionately impact retail and hospitality sectors. So how can they succeed? They’ll need to protect the core business, unlock growth and enhance their reputation.
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