Annabelle Williams takes a look at the state of UK retailing and asks managers where they have put their money in a challenging sector.
The retail sector has faced an onslaught of bad news over the last few years as a string of household names from Woolworths to HMV were forced into administration. Recent data shows the conflicted state of UK retailing. Retail sales across the UK have risen for five consecutive months according to data from the benchmark BRC-KPMG Retail Sales Monitor, but some of the country’s biggest retailers have struggled to grow sales. Next cautioned this year will be “subdued” for the high street, pointing to slowing wage growth and unpredictable weather as potential headwinds, even as overall s...
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