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As of December 2025, UK and US retailers report mixed financial results amid subdued consumer confidence and economic uncertainty. Watches of Switzerland benefits from tariff relief and strong US demand, while Frasers Group faces UK sales declines despite international growth. Walmart raises forecasts on strong e-commerce and affluent shoppers. Target and home improvement chains report sales challenges, prompting investments and cautious outlooks.
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GameStop is shutting down 400 stores across the US in January 2026, continuing a long-term decline driven by the shift to digital gaming. The retailer has closed nearly 600 stores in the past year and plans to close international locations, reflecting the ongoing decline of physical game sales.
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Activist groups, unions, and celebrities are organizing a nationwide strike on January 30 to protest federal immigration enforcement following a fatal shooting by ICE officers in Minnesota. Thousands are expected to participate, demanding ICE leave the state and end federal funding. The strike includes marches and community solidarity actions.
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Target plans to open its 2,000th store later this month in North Carolina, with 30 new locations planned for 2026. CEO Michael Fiddelke is overhauling store layouts, product offerings, and staffing to reverse declining sales, focusing on groceries, curated experiences, and improved customer service.