Seven in ten UK retailers have already lost profits as a result of tariffs, according to new survey - InternetRetailing
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Seven in ten UK retailers have already lost profits as a result of tariffs, according to new survey - InternetRetailing
Cost-cutting and price increases imminent as almost three-quarters (71%) of UK retailers have already lost profits as a result of the tariffs impact. Nine in ten (90%) fear the impact it will have on their business over the next 12 months, according to a new survey. 81% plan to increase prices to offset the tariff impact. The research, from Enable, shows that nearly a quarter (22%) are ‘extremely concerned’ about the impact tariffs will have on …
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