Kicking off recession: When will crisis ghost strike? | Financial

Shops: ‘A call to keep doors closed before the end of the month’

Inflation is blowing a bad wind through the shopping street, the trade association INretail and sector experts warned in De Telegraaf on Friday. If consumers keep their hands on the purse strings, a 10% drop in turnover is enough for most stores to dive into the red on a structural basis. A quarter of…