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The essence of this case, then, is well summarized by representatives of Furniture Brands International, Inc.
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In late June, for example, PRVit had buys on JC Penney and Alcoa, even though their performance scores were down at the 29th and 39th percentiles, respectively, in their industries, and sells on Whole Foods and Furniture Brands, with performance scores at the 92nd and 77th percentiles.
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The past month has seen several failures of High Street brands, including furniture chain Habitat, department store TJ Hughes, fashion chain Jane Norman and Moben-owner Homeform.
BBC: UK retail sales stabilise in early summer sales