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UK Retail Trading Updates: Bargains to be had in the New Year Sales?

By James Bowden of Stockomendation | Saturday 12 January 2019


 


A string of profit warnings – and Sports Direct International (SPD) chief executive Mike Ashley’s warning that the UK high street risked being ‘smashed’ over the Christmas period after the ‘worst November on record’ – set the tone for investor expectations over the festive period. Was all the pessimism justified? In this week’s article, we take a look at a selection of recent trading updates by high-street retailers and supermarkets, and review broker and tipster outlook in each case.

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