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Google News: Steep discounts may take toll on UK shops
[Financial Times] - Richard Hyman, strategic retail adviser to Deloitte, says “a few busy days is a drop in the ocean” compared with poor trade in November and much of December. Some analysts have already cut profit forecasts, while others are sharpening their pencils for
Google News: Britons finally hit the shops
[Financial Times] - “The die is cast already,” says Richard Hyman, strategic retail adviser to Deloitte, who is forecasting flat to slightly negative year-on-year sales numbers for December. “They have lost business. That is gone. It can't be concertinaed into a few days.
Google News: Christmas rush offers cheer for retailers
[Financial Times] - “There is bound to be a bit of a rush,”said Richard Hyman, strategic retail adviser to Deloitte.“[But] it is quite a bit too late, and is not going to make any difference ... The rush is just going to put a few quid in the till.
Google News: Guest column: Richard Hyman
[Financial Times] - By Richard Hyman Given their size in most economies, it is no surprise that retail industries across the globe are being significantly affected by the debt crisis and its implications. The golden days of seemingly relentless growth were no preparation
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