The UK retail, or supermarket sector has been under pressure for much of the past year. The sector has been threatened by the rise of discount retailers like Aldi and Lidl. Hedge funds have also swooped in, sensing blood, shorting much of the sector and making great gains. Retailers Tesco PLC (LON:TSCO) (OTCB:TSCDY) Wm. Morrison Supermarkets plc (LON:MRW) (OTCMKTS:MRWSY) and J Sainsbury plc (LON:SBRY) (OTCMKTS:JSAIY) have collapsed 42%, 33% and 29% respectively year to date.
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But as there is blood on the streets, value has emerged. Wm. Morrison, the smallest of the trio has become a value play, thanks to the company's impressive property portfolio and hefty dividend payout.
Wm. Morrison struggling
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