The retail sector suffered for months before starting to show signs of recovery in the second half of last year as the Federal Reserve initiated its rate-cut cycle that eased price pressures.
The exchange traded fund that reflects the price movements of a host of retail stocks hit a new high ... but it looks as if expectations for the sector in general might be coming down a bit.
Market watchers are upbeat about growth in Singapore's retail sector this year, despite sales falling unexpectedly in November last year. They say the boost could come from a resilient labor ...