Economic Indicators 

Retailers' housing woe

Chris Dillow

Chris Dillow
Retailers' housing woe

Things are looking ugly for the UK’s retailers. Big names such as Maplin and Toys R Us are closing; Carpetright and Mothercare have issued profit warnings; the John Lewis Partnership has reported a big fall in profits; and others such as New Look are closing branches. Official figures next Thursday will highlight these troubles. They are expected to show that sales volumes have fallen in the past three months.

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