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A head for growth?

Investors with an enthusiasm for retail stocks copped another haircut just before the heavily whiskered Santa Claus set off on his rounds. While The Shaver Shop might describe a sharp decline on its share price as a trim rather than a crewcut, investors have learned yet again that the retail industry is not for the faint-hearted. The Shaver Shop’s share price dropped as low as 69c but have shown some regrowth in the new year to around 80c, which is still more than 20 per cent down on the issue