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Metro Clouds European Retail Horizon – US-FOREX.US
Germany’s Metro dashed hopes for a speedy recovery among European retailers, on Monday. The country’s largest retailer said it saw signs of further decline in its business in the second half of the year, despite having posted better-than-expected earnings for the second quarter.Shares of Metro fell 1%, or 40 euro cents , to 40.23 euros… »
HMV Last Man Standing – US-FOREX.US
It’s grim on the British high street: demand has dropped sharply, consumers have moved online and many players have collapsed. But British retailer HMV, which runs music, DVD and video games shops under its own name as well as Waterstone’s bookstores, managed to beat market estimates for its annual results as it gained market share… »