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Retail News - Retailers roll with the punches as rate of administrations fall

Retailers roll with the punches as rate of administrations fall

While retail is generally considered a bell weather of the wider economy, it seems the high street may be managing to bare the brunt of some harsh trading conditions better than other sectors. New research from KPMG found 28 retailers across England and Wales went into administration during the first three months of 2017. With the increase in national living wage and climbing business rates, many analysts have predicted a perfect storm for retailers as they struggle to manage the extra pressure on business.

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