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European Retail Sector Revenues To Remain 'Anaemic' Into 2020: Moody's

Published on Oct 14 2019 7:00 AM in Retail tagged: Featured Post / Economy / growth / Moody's / Paywall / Retail Sector

European Retail Sector Revenues To Remain 'Anaemic' Into 2020: Moody's

Moody's Investors Service has said that European retail sector revenues are likely to remain 'anaemic' over the next 12 to 18 months, driven by a number of mitigating factors.

The negative outlook will largely be driven by the rise of online and discount shopping; consumer demand for convenience and value; and weaker economic growth throughout the region.

In addition, retailer cash flow and profitability is also likely to weaken in the coming year, as traditional retailers adjust store portfolios in an effort to adapt to the impact on demand of ageing populations, high youth poverty and increased urbanisation.

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