European Retailers on Long Road to Recovery, Fitch Ratings
date:Dec 10, 2013
ok is also stable, costs should not create any pressure unless there is unexpected inflation in input costs such as cotton, shipping and labour. Any savings, however, will probably be reinvested in pricing, leaving margins stable. Omni-channel retailing, which allows consumers to mix and match purchasing and delivery channels, will intensify albeit at a different pace depending on the sub-sector and the country, with UK being one of the most advanced.

The impact of cash-preservation measures su
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