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Key Retail Developments in 2023: Challenges and Adaptations
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Key retail developments in 2023 include a class-action lawsuit against Adidas, Bed Bath & Beyond's bankruptcy and store closures, Target's closure of stores due to theft claims, and backlash against self-checkout technology. Retailers face challenges in the current economic environment.
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How are retailers navigating the challenges of the current economic environment?
How can retailers adapt to changing consumer behaviors and technological advancements?
What impact do these developments have on consumer trust in the retail industry?
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