DFS and the retail horror show

DFS and the retail horror show

Soft: a positive adjective for sofas, a negative one for consumer sentiment. DFS (DFS) had been expecting the latter kind, but not to this degree. "The trading environment has however recently weakened beyond our expectation, with significant declines in store footfall leading to a material reduction in customer orders," said management on Thursday. Ouch. Its shares promptly fell a fifth.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now