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flag Shoe Zone warns of £1M pre-tax loss amid weak consumer confidence and rising costs.

flag UK retailer Shoe Zone warns it will report a pre-tax loss of £1 million to £2 million for the year ending October 3, reversing earlier profit expectations. flag The company cites weakening consumer confidence, rising costs tied to the Middle East conflict, and recent UK budget measures as key factors. flag These pressures have led to lower foot traffic, reduced spending, and a 22% drop in the company's shares.

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