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They really have to make one of 2 choices right choice number one is you have to raise the price on those items so that the consumers have to carry that cost or as a retailer you dont want to anger the consumers so you simply eat the cost yourself. With what theyre left with or both actually because they have to rely on both aspects in order to make their margins work and right now that they will not increase their budget meaning that they will not increase in order to catch up to the rate hikes which ultimately mean that they will end up buying fewer goods overall ok so here we are with the u...

These retailers and take a huge chunk out of their earnings because we havent seen this since 2013 that we had 6 plus days and 2013 was one of the worst years for retailers securities a lot of days but lets also be clear about this so the american retailers theyre obviously going to take the hit them from what youre saying based on christmas so they really have to make one of 2 choices right choice number one is you have to raise the price on those items so that the consumers have to carry that cost or as a retailer you dont want to anger the consumers so you simply eat the cost yourself. With...

‘This is the first time in four years that the Brics Summit takes place face to face, and I think this presents a real opportunity for South Africa to reignite what the excitement was around Brics initially,’ says Stavros Nicolaou, head of business at the Brics Business Council.