Debenhams like-for-like sales down
March 18, 2008 7:44 amLike-for-like sales in the first half fall after challenging trading conditions in January and February. Gross margin for the first half is expected to be down... View Article
General Merchandise News
The retail sector is the least equipped to deal with an economic downturn
March 11, 2008 7:23 amWith the prospects of a significant slowdown in the UK economy, new research from the Society of Turnaround Professionals (STP) and GE Commercial Finance indicates the... View Article
Ocado to launch price war against Tesco
March 10, 2008 9:09 amOcado is rolling out a new price commitment which will guarantee that its prices for 3,500 branded groceries equal those of Tesco’s cheapest pricing format Ocado... View Article
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
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
