FTSE up slightly depsite poor retail figures

Retail stocks were in the spotlight on the London Stock Exchange today as news of a worse-than-forecast slide in February sales added to plunging profits from Next and Kingfisher.

FTSE up slightly depsite poor retail figures
Thu, 26 Mar, 2009 - 11:36

Retail stocks were in the spotlight on the London Stock Exchange today as news of a worse-than-forecast slide in February sales added to plunging profits from Next and Kingfisher.

Official figures revealed sales volumes dropped 1.9% between January and February, with non-food stores suffering the most.

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CourtsBusinessFTSEPlace: LondonPlace: UKOrganisation: FTSEOrganisation: London Stock ExchangeOrganisation: NextOrganisation: KingfisherOrganisation: BarclaysOrganisation: Lloyds Banking GroupOrganisation: AvivaOrganisation: Goldman SachsOrganisation: B&QOrganisation: JJB SportsOrganisation: FoxOrganisation: Northern Foods
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