-Retailing is changing, not broken
-Traditional relationships are weaker
-Online versus foot traffic well entrenched
-How about a merger or two?

By Eva Brocklehurst

Retailing's business model ain't broke, according to several analysts. Hence some suggested "fixes" aren't going to... fix. JP Morgan simply sees the sector suffering because the once extremely strong relationship with disposable income and consumption has weakened. Macquarie says it's a volume thing. Morgan Stanley thinks there's opportunity for some very unexpected outcomes as the year progresses.

JP Morgan finds the outlook for consumer stocks quite mixed but it's not just