Retail sector expected to outperform rest of 2002

The retail sector is set to continue outperforming over the remainder of the year, consensus suggests, although potentially dark clouds could be gathering on the horizon. The FTSE All-Share General Retailers Index is up 5.174% over the calendar year to 29 April and 13.336% over the 12 months to the same date. By comparison, the wider FTSE All-Share is down 4.69% over the calendar year to date and is down further still over the 12 months to 29 April, by some 12.433%. The UK consumer has largely been credited with staving off a recession in the UK but concerns have been mounting that ...