Food retailers show no signs of benefiting from the upturn in the economy and growing consumer confi...
Food retailers show no signs of benefiting from the upturn in the economy and growing consumer confidence While last week's results from Marks & Spencer were some of the most high profile and disappointing, the high street retailer is far from being the only poor performer. In the year to date the FTSE All-Share General Retailers index is down 10.4% and the equivalent Food & Drug Retailers Index is down 6.6%. In comparison, the All-Share is up 9.1 Ree Muwanga, head of UK retail equity at Henderson Investors, says: "Interest rates are relatively low and credit is widely available but reta...
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