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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Cost-of-living crisis to push more retailers to brink in 2023, warn experts

Joules went into administration last month (Alamy/PA)

The cost-of-living crisis is set to result in further retail failures over the next year with larger firms positioned to snap up stricken competitors, according to retail experts.

It comes after an increase in retail collapses towards the end of 2022, with high profile insolvencies such as Joules and Made.com.

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