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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 resilient UK food retail sector▼BofA flags two top picks amid resilient UK food retail outlook
Bank of America analysts have highlighted two top stock picks in the UK food retail sector, saying the outlook for the industry remains resilient despite broader economic pressures. The note points to grocers' defensive qualities, with steady demand for food giving supermarkets more stable earnings than other retail segments. Investors are weighing the sector as a safe haven amid cost-of-living strain and intensifying competition among British supermarket chains.