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Diversification is key in retail sector
1st May 2008, Page 41
1st May 2008
Page 41
Page 41, 1st May 2008
— Diversification is key in retail sector
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THE RETAIL MARKET shows a mixed picture, suggesting that transport operators in this sector should diversify where they can and not stay within product lines that might be suffering.
A Distributive Trades Survey shows that grocers and booksellers had a strong March; it seems consumers are spending money in supermarkets rather than in restaurants.
Retailers generally are holding less stock, which together with a rising emphasis on neighbourhood retailing — ie express supermarkets and corner shops — will put more pressure on the supply While chain for just-in-time and smaller homeware local deliveries.