Christmas Sales down due to the bad Weather

The video discusses the challenges faced by HMV and other retailers due to declining sales and competition from online platforms. HMV plans to close several stores, while other retailers like Next blame weather conditions for reduced sales. Despite these challenges, some retailers like John Lewis and Waitrose report positive sales figures. The video also highlights potential market trends, including business takeovers and the impact of economic austerity.

What predictions are made about the future of major businesses in the retail sector?

What changes are being made by John Lewis in response to its sales performance?