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The Independent UK
The Independent UK
Business
Holly Williams

Rising unemployment hitting shopper confidence, says JD Sports

The group saw sales continue to decline across key markets (Jonathan Brady/PA) - (PA Wire)

Retailer JD Sports Fashion has cautioned that annual profits will be at the lower end of forecasts as it warned over the impact of rising unemployment and unusually warm autumn weather.

The group saw sales continue to decline across key markets, including the UK, where like-for-like sales fell 3.3% in its third quarter to November 1, although this was an improvement on the 6.1% drop in the previous three months.

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