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First Xmas Retail figure in, BIG gains for some...

HAMISH_MCTAVISH · 2010-01-05 19:47:50

John Lewis +12.2% yoy Next + 3.2% yoy, first positive figure in 4 years. In a recession no less.

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Mr_Mumble Posts: 1,758 Forumite

6 January 2010 at 12:57PM

Marks & Spencer is leading the fallers after its trading update. Like Next yesterday, M&S reported a rise in underlying sales in the run up to Christmas, but warned of a tougher 2010 as the government brings in taxation measures to help cut its hefty debt levels. So M&S shares are down 21.6p at 383.3p, while Next is down 8p at £20.92 and Home Retail is off 3.4p at 286.5p.

http://www.guardian.co.uk/business/marketforceslive/2010/jan/06/marksspencer-petrofac

:whistle:

"The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
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Debate House Prices

First Xmas Retail figure in, BIG gains for some...

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