Asda sees sales strengthen in February
March 7, 2008 9:09 amAsda saw its sales strengthen in February boosted by Valentine’s Day and Mother’s Day. Wal-Mart said Asda’s strong on price rollbacks was proving effective as consumers... View Article
General Merchandise News
Discounters set to claim half of German grocery sales
March 7, 2008 8:39 amA combination of the 2007 VAT hike and the discounter boom that has spread like wildfire from grocery to other sectors is severely impacting Germanys retailing... View Article
Asda to close George stores
March 5, 2008 11:06 amAsda is to close its stand alone chain of George clothing shops after just four years. Asda had concluded that its clothing concept could not be... View Article
Corporate Insolvencies steady but credit crunch about to bite
March 5, 2008 7:47 amGrant Thornton Recovery and Reorganisation Partner Malcolm Shierson says the slight increase in corporate insolvencies was the prelude to a much more difficult year in 2008.... View Article
Call off usual budget theatricals this year, says CBI
March 4, 2008 10:18 amThe CBI today has published an ‘alternative Budget speech’ that it believes the Chancellor should deliver on March 12th, stripped down to the bare necessities to... View Article
High street sales growth ends while prices rise strongly
February 28, 2008 7:34 amHopes of stronger high street sales failed to materialise in February and instead sales growth came to a halt, while the prices of goods rose strongly... View Article
Select enters administration
February 27, 2008 7:01 amValue fashion chain Select has gone into administration following poor trading in the first quarter. Select Retail blamed the move into administration on a ‘deteriorating trading... View Article
Baugur moves on Moss Bros
February 26, 2008 8:40 amMoss Bros has confirmed that it has received an indicative offer in cash at 42p per share from a new company to be formed by Baugur... View Article
ASDA launches store apprenticeship scheme
February 25, 2008 10:05 amASDA is to roll out of its management apprenticeship programme, following a successful four-store-pilot in the London region. The trial, which began in September, last year,... View Article
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