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French retailers face bleak holiday season

French retailers are bracing for a difficult holiday season following weeks of violent protests that have damaged thousands of stores and caused billions in losses. Consumer confidence has dropped to a 13-year low as businesses prepare for further unrest.

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A person passes by a boarded up store saying "Already Empty" following the nationwide protests against the cost of living and rising fuel prices, in Paris, France, October 29, 2026. REUTERS/Pedro Nunes

Retailers across France face an estimated $2B in damage and lost revenue after weeks of violent protests shuttered 2,400 stores.