Market Report: Retailers Lose Ground While Woolies Suffers

Summary


Retailers held the London market back yesterday after the collapse of a potential bid for Woolworths and news of flat sales at Argos.

Electricals specialist Dixons, clothing group Marks & Spencer and health and beauty chain Boots all lost ground as the sector came under fresh pressure from investors.

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Extract


Market Report: Retailers Lose Ground While Woolies Suffers

Oil firms were hit by a fall in the price of US light crude to stand just over $50 a barrel and there were few takers...

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