, Columnist
The Beast From the East Shreds the Flimsy Spring Dress
Truly awful British weather compounds the agony for retailers.
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It's snowing outside. Get ready for the flurry of retailer profit warnings.
The so-called "Beast from the East" has sharpened its claws just as consumers are being squeezed by inflation running ahead of wage growth. The wintry blast puts more pressure on all retailers -- and could be the final nail in the coffin for already distressed chains.