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Retailers face a cold wind as reality bites

Mar 01, 2018 - City A.M.

THE RETAIL industry's woes came to the fore yesterday as two household names tumbled into administration. Nerds everywhere now fear losing Maplin, the high street's best source of obscure cables. Meanwhile, Toys R Us finally gave in, and nostalgic millennials mourned the decline of a shop they probably haven't visited in over a decade.

The first quarter of the year is always the hardest for consumerfocused firms because customers are cautious with their cash, but this year is different. A ...