Christmas shoppers in a mall
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Just how bad is 2018 going to get for retailers?

A mere glance at news headlines will paint a rather gloomy and oppressive picture of the health of the UK retail sector currently. But just how bad is 2018 likely to get, and is there light at the end of the tunnel?

These were the principal questions the KPMG/Ipsos Retail Think Tank (RTT) set to tackle when they met in mid-April 2018.

Family in a shopping mall
London retail
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The short and medium-term impact of Brexit on the retail sector

In the immediate aftermath of the Brexit vote, political uncertainty had led to a dampening of consumer confidence In the medium-term, as currency hedging unwinds, the cost of goods purchased overseas will effectively become more expensive. The debate for retailers will then be whether to increase prices or absorb the loss into margins In the…