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Tag: predicts

Halfords predicts bicycle boom to continue for 2020 | Business

Halfords expects strong demand for bikes to continue for the rest of the year after reporting a 57% rise in cycling-related sales during the coronavirus pandemic. A desire to avoid public transport, as well as generally favourable weather conditions and a switch to cycling as a leisure activity during the UK lockdown, not only boosted …

Halfords predicts bicycle boom to continue for 2020 | BusinessRead More

Moody’s Investors Services predicts slower growth for retailers; revises outlook

Intense competition and digital investments are putting pressure on retailers’ profits.  That’s according to a new report from Moody’s Investors Services which has revised its outlook for U.S. retail from positive to stable from positive. The change comes as the industry faces rising pressure due to intense competition in the fight for market share and …

Moody’s Investors Services predicts slower growth for retailers; revises outlookRead More