Retail stocks provide goods and services to the final customer, who generally buy for personal rather than business use. Distribution encompasses shops, kiosks, supermarket chains and large department stores.
Crucially, many products are now sold through the internet and online strategies are key to the evolution of the marketplace and many retailers. Retailers are facing challenging markets and restructuring is a common feature with the need to reduce costs and improve efficiency. The consumer goods sector also includes stocks that relate to items purchased by individuals rather than by manufacturers and industries such as those involved with food production, packaged goods, clothing, beverages, automobiles and electronics.
David has over 20 years of experience as a research analyst, having worked at UBS Warburg, Credit Suisse, Investec and Canaccord. Prior to his City career, he spent 14 years as a management consultant to companies in the retail and consumer sector.
Denese has spent over 20 years in equities roles, holding senior positions at Dresdner Kleinwort Wasserstein and Bank of America Merrill Lynch, covering the Leisure and Consumer sectors. Prior to her time in the City, Denese qualified as a chartered accountant with PwC. She is also involved in real estate investments, and owns a property management company.