US Retail Likely To Outperform European Retail This Year: Moody’s
Ratings agency Moody’s has reported that US retail is likely to outperform that of Europe this year, reporting that the ‘performance gap between the US and European retail markets continues to widen, as differences in execution become increasingly clear.’
According to Moody’s, weaker economic growth in Europe, coupled with a more fragmented market, mean that US retail is likely to have an economic advantage as the year progresses.
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