DNLMY - High Ranking Retailers: Where To Look For The Best Quality Stocks On The High Street
By Ben Hobson
News that Mike Ashley's Sports Direct Group (SDIPF) is weighing a bid for the troubled retailer Debenhams (DBHSF) doesn't come as much surprise. With a 29 percent stake, Ashley is Debenhams' biggest shareholder, but the group's fate is far from clear. Debenhams is labouring under sizeable debt (among other problems) - and its lenders could eventually end up calling the shots (whether Ashley likes it or not).
Debenhams is an extreme case but it's symptomatic of the problems faced by a number of UK retailers. Traditional bricks and mortar stocks have long