Giant grocery operator Woolworths Ltd announced on Monday a likely retreat on its earnings guidance for fiscal 2011 as it cited that shaky disposition in consumer spending and volatility in inflation levels, interest rates and uncertainty in the global economy pushed down the prospects of the retail sector. View full post on All Stories
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – While High Street retailers report disappointing Christmas sales, supermarkets raked it in during the 2010 yearend holiday. This year appears to be another banner year for the grocery retailing sector as Britain’s largest supermarkets announced Monday the creation of at least 32,000 jobs as [...]
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