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What retailers need right now

An untold number of retailers could become insolvent in a matter of weeks unless the Government, landlords and suppliers act now to help cut costs in the face of the escalating coronavirus pandemic. With sales down by as much as 80 per cent in some businesses, and broader shutdowns of all non-essential services looming, industry leaders are calling for significant reductions in rent, wages and other bills to help retailers stay afloat. “There’s not a lot of time. Jobs are already being lost,