High Hopes for Somerfield As the Retail Picture Clears

Evening Standard - London › June 28, 2004

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Summary

CITY investors can look forward to a leisurely stroll down the High Street this week with results from a number of retailers that should throw fresh light on the state of Britain's consumer-led economy.

Results published after the Christmas and New Year sales painted a mixed picture. Some retailers did well, bolstered by small improvements in margins, while others struggled.

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High Hopes for Somerfield As the Retail Picture Clears

Brokers are looking for supermarkets group Somerfield, which includes the Kwik Save chain, to have achieved a strong finish to its financial year whe...

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