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UK retail sector
Trends
- 1
UK retail sales fell further in September, with orders dropping to a record low, according to the latest retail sector figures. The deepening slump points to continued pressure on British consumers and retailers, with weak demand raising fresh concerns about the outlook for the high street heading into the crucial final quarter of the year.
- 2BofA names two top picks in UK food retail●BofA flags two top picks amid resilient UK food retail outlook
Bank of America has highlighted two top stock picks in the UK food retail sector, saying the outlook for the industry remains resilient despite cost pressures on shoppers and retailers. The bank's analysts see grocers as well positioned to keep performing, and investors are weighing which UK supermarket names offer the best value as the sector holds up better than expected.