Europe's top retailers expect tough year
China Daily | Updated: 2010-01-09 07:45
Tentative recovery yet to boost spending in some countries
LONDON: Europe's biggest retailers will publish Christmas sales figures next week amid signs that a tentative economic recovery has yet to boost spending in some countries and consumers everywhere will remain under pressure in 2010.
France's Carrefour, the world's second-largest retailer behind US group Wal-Mart, will post fourth-quarter sales after the market close on Thursday, while Britain's Tesco, the world's number three, and Germany's Metro, number four, will report on Tuesday.
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