fromLondon Business News | Londonlovesbusiness.com
2 hours ago1.15bn Black Friday bonanza could prove to be a black day for specialist retailers - London Business News | Londonlovesbusiness.com
'The sad truth is that many of Britain's favourite smaller retailers are very unlikely to see their final profits rise by even 3% and, in fact, their prospects for Black Friday are increasingly dark. Such is the competition and the scale of the discounts offered by major retailers that smaller regional and specialist sellers are finding their profit margins stretched to the limit in order to remain competitive.
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