Cyclical retailers forecast to recover lost ground this year
March 12, 2008, 7:45 am
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Retail Fund managers favour general retailers, such as furniture and clothing chains, in the industrial sector over the next 12 months as they bet that interest rates will fall in the second half of the year, according to a survey by Merrill Lynch.
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Consumers turn retail tables
March 12, 2008, 7:44 am
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Retail The contrasting half-year performances of retailers Shoprite and Woolworths confirm a trend in the economy that upper-end consumers have cut back on spending the most, while those below them are still spending for now.
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