THE challenging consumer backdrop doesn’t augur well for Kingfisher, and this will show when the retailer issues its trading update on Thursday. Shares have traded within a range between 270p and 290p for the last year. But some in-house refurbishments, like improving cost structures and gross margins, may be just the fix it needs. ETX Capital quotes a price of 271.08p-271.72p.

One retailer in much better shape is Sports Direct International. Recent sales have comfortably outperformed competitors. The sports retailer is now building on its international presence, and adding new units. Although valuations are high, currently around 23 times earnings, double-digit sales growth should score a few points with investors. GFT quotes a price of 425.57p-427.03p.