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Hedge funds are sharpening their claws ahead of what they hope will be a raft of poor Christmas trading updates from several of the main High Street retailers next week. Their expectation is that a profit warning from Game Digital the day before Christmas Eve and another from Bonmarche, the womenswear retailer, will prove to have been just the tip of the iceberg for the sector. Next, John Lewis and Marks &Spencer were set to release trading updates next week, followed by the likes of Associated British Foods the following week, wrote The Times.
