What to watch for in retailing
Michael JaryOC&C Strategy Consultants
Writer, Fritz Dressler said: 'Predicting the future is easy. It's trying to figure out what's going on now that's hard.' This is especially true in a recession. In the past 150 years there have been 28 recessions, most of which were natural corrections to overblown booms. But recessions are uncertain and unpredictable. To rehash Tolstoy's observation about happy and unhappy families, all booms resemble one another, but each recession is unique.
In 2008, the FTSE 100 moved up or down by more than 5% on 44 days, 22 of...