
The retail giant, you see, is currently enjoying a wave of investor approval, largely based on the hopeful notion that the worst of its sales slowdown is, thankfully, behind it. And, of course, there’s the new CEO, Mr. Michael Fiddelke, whose appointment has instilled a certain degree of optimism – a bit like introducing a competent helmsman to a vessel that’s been listing dangerously. Still, one mustn’t get carried away. The shares, whilst showing a recent perk-up, remain a good twenty-five per cent down over the last three years, and a truly alarming fifty per cent off their all-time high. A bit like a promising young chap who’s had a rather unfortunate series of setbacks.