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Small Retailers Seek Sales with New Products | Markets & Money News
Small retailers are adapting to rising costs and declining consumer spending by introducing new products as they approach the upcoming Budget. Despite challenges, nearly half of these businesses reported revenue growth over the past year. However, high operating costs and low consumer confidence pose significant barriers. With 70% of shops planning to launch new product categories and larger chains also revamping their offerings, the focus remains on staying competitive and relevant. As they
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