汇丰银行-欧洲-食品零售业-帕默和哈维进入管理部门，沃尔玛在亚马逊获利

《汇丰银行-欧洲-食品零售业-帕默和哈维进入管理部门，沃尔玛在亚马逊获利》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、1December2017FoodRetailEQUITIESTEXTILESAPPAREL&LUXURYGDSWoW29:P&Hcollapses;WalmartgainsonAmazonEuropePalmer&Harveygoesintoadministration(TescoaccountedforDavidMcCarthy*40%ofitsturnover).BookersettogainevenwithoutmergerHeadofConsumerRetail,EuropeHSBCBankplcdavid1.mccarthy@hsbcib.com

2、WalmartclosespricegapwithAmazon.Walmart.compricesnow+442079921326only0.3%higherthanAmazononaverageAndrewPorteous*,CFAAnalyst,EuropeanRetailHSBCBankplcConsumerconfidencedeclinesagainintheUK.Scaleremainsandrew.porteous@hsbc.com+442079924647crucialforfoodretailers–TescobestplacedEmmanuell

3、eVigneron*AnalystPalmer&Harvey(P&H)goesintoadministration.UKwholesalerP&HhasstruggledHSBCBankplc,Parisbranchemmanuelle.vigneron@hsbc.comforsometime,withtheCMAraisingP&H’ssurvivalasanissueshoulditlosetheTesco33156524319tobaccobusiness.P&HhasgoneintoadministrationevenwithTesco’stobaccobusi

4、ness.PaulRossington*Bookerissettobeabeneficiaryofamajorcompetitorexitingthemarket,throughitlikelyAnalystHSBCBankplcwinningtheTescobusinessandthroughwinningfurthershare.paul.rossington@hsbcib.com+442079916734ConsumerconfidencefallsagaininUK.TheindexfelltwopointsinNovemberto-12.RuhellAmin*

5、AllfivemeasuresusedtocalculatethescorefellinNovember,withthebiggestdropAnalystHSBCBankplcoccurringintheMajorPurchaseIndex(6-pointfall).ThisshouldbeaworryforUK-ruhell.amin@hsbcib.comcentricretailersexposedtodiscretionaryareasofdemand.Twofurnitureretailershave+4402079920112enteredadministr

6、ationinthelastfewweeks.Non-foodsalesarelikelytocomeunderPankajAgarwala*Associateincreasedpressure.BangaloreWalmartclosesAmazonpricegap.PricesonWalmart.comarenowonly0.3%higher*Employedbyanon-USaffiliateofHSBCSecurities(USA)Inc,andisthanAmazononaverage,accordingtoastudy.Walmarthasinvestedo

7、verUSD1bninnotregistered/qualifiedpursuanttoFINRAregulationsthelastyeartomakeitspricingmorecompetitive,whichisbeginningtobearfruit:ecommercesalesinQ3were50%higherinnetterms.Walmartisincreasinglyaggressiveonpriceasitfightstoregainitsposition.Ithasseenwhathashappenedtoprice