Slovak Toy Retailer Dráčik Posts Worst Results in a Decade, Closing Stores and Laying Off Staff

Slovak toy retail chain Dráčik is closing stores and cutting jobs after recording its weakest financial performance in ten years. The company, one of Slovakia's well-known toy and children's goods retailers, is scaling back its physical presence as it struggles with deteriorating sales. The move reflects broader pressures facing brick-and-mortar retail in Slovakia, where consumer spending on non-essential goods has been squeezed in recent years by inflation and rising living costs.