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Retailers News

Pound slides on weak retail data (AFP via Yahoo! News) : The pound extended earlier losses Thursday as it fell prey to weak data, this time on the state of UK retail sales which suffered a massive slump in June.
U.K. Pound Drops, Gilts Rise on Record Decline in Retail Sales (Bloomberg.com) : July 24 (Bloomberg) -- The U.K. pound declined against the euro and dollar as a record drop in retail sales fueled speculation Europe's second-largest economy is heading into a recession. Government bonds rallied.
Retail Stocks: RadioShack surges in mixed sector (Market Watch) : Retail shares give up their opening gains while RadioShack shares move higher after the electronics retailer posts an unexpected rise in second-quarter sales.

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