Retail bargains are becoming less generous - and it's causing shoppers to stop spending, claims 's former CEO.Bill Simon, who was in charge of the retail giant between 2010 and 2014, said consumers are facing a perfect storm of , elevated interest rates, the return of student loan repayments - and global tensions thanks to the conflict in Israel. It means 'for the first time in a long time, there's a reason for the consumer to pause,' he added.
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