British retailers' Super Thursday relief may be shortlived

The uncertainty over Britain's exit from the EU means consumers are likely to remain cautious, and more snow could make for a very bleak spring

Debenhams escapes profit warning despite poor results. Pic: Getty

What did we learn from this week's Super Thursday for British retailers – the equivalent of an Ironman Triathlon of Christmas sales reporting? Well, the Christmas holidays have not been as bad as feared.

Though a nasty profit warning from Halfords Group showed that some chains were suffering from the terrible conditionsonline retailer Asos mentioned in its pre-Christmas report, Britain's biggest retailers generally escaped taking a red pen to their full-year profit forecasts. ...