Retailers from this side of the pond have frequently come a cropper when attempting to expand in the US, but the signs look good for JD Sports, Primark and WHSmith judging by the retailers’ updates this week, believes George MacDonald
A sales rise of 13% would normally be regarded as a reason to pop the champagne corks in these tough retail times.
That’s what WHSmith reported in constant currency at its US business – a key focus for growth – but the City was a bit sniffy in response.
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