Home>Topics>>U.K. retail sales dropped 0.6% M/M during January as a heavier snowfall than normal partially influenced shoppers in the region. The food sector put the most downward pressure on the index, falling ...
U.K. retail sales dropped 0.6% M/M during January as a heavier snowfall than normal partially influenced shoppers in the region. The food sector put the most downward pressure on the index, falling ...
SeekingAlpha.com: SA Currents
Fri, 15 Feb 2013
U.K. retail sales dropped 0.6% M/M during January as a heavier snowfall than normal partially influenced shoppers in the region. The food sector put the most downward pressure on the index, falling 2.6% Y/Y to its lowest level since 2004. The proportion of online sales was sharply higher compared ...
Several opposing factors were at play in January's retailsales report, but a broader view suggests consumers are still hanging in there, says Morningstar's Bob Johnson.
The weak European economy is allowing firms to unlock extra value via restructurings and spin-offs, but it's better to invest while firms are still cheap conglomerates, says Evermore's David Marcus.