UK retailers are less likely to recoup in Christmas

Note: This section contains information in English only.
Source: Bloomberg
Deloitte LLP predicts that Christmas sales in UK will not be higher than $57 bn earned last year. 2011 can be the first year without growth in retail business since 2008. Ian Geddes, Deloitte's retail partner pointed out that only strong online bargains are expected to expand as customers will search for best offers in WEB. Deloitte suggests that UK retail business might be sluggish until 2013.

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