Primark thrives while Next, M&S struggle during downturn
Three of the UK's largest clothing retailers are set to report results this week and may offer a peek into consumer spending behaviour going into the crucial holiday season. The economic downturn has been difficult on Marks & Spencer and Next, but cost-cutting efforts and other measures have helped them improve their prospects. Meanwhile, discount apparel chain Primark has found the downturn to be advantageous.
New York Times, The | 02 Nov.
This story published in NRF Global SmartBrief on 11/03/2009
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