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April retail sales worst since 2005

UK retail sales values fell 1.5 per cent for April, compared with the same month last year, when sales were up 2.4 per cent.

Published:13 May 2008 08:57
Author: Jennifer Creevy

News

Rising inflation deals rate blow

The annual rate of inflation leaped to 3 per cent in April, from 2.5 per cent in March, according to the Consumer Price Index (CPI).

News

New Heights enters administration

Upmarket furniture retailer New Heights has collapsed into administration, the latest furniture retailer to fall victim to the tough economic climate.

New Heights shuts its shops

News

Asos to launch menswear catalogue

Online fashion retailer ASOS.com is to launch a menswear catalogue this week.

News

Laura Ashley takes Moss Bros stake beyond 7 per cent

Laura Ashley has boosted its stake in menswear retailer Moss Bros by buying a further 625,000 shares for 47p each, giving it more than 7 million shares in total.

Comment

Cause for concern

It's one of those frequently accepted pieces of shop lore that when times are tough, supermarkets are a retail financial safe haven compared with other parts of the sector.

Technology

Prevention is the best cure

They're surrounded by hype, but what's the truth about card-not-present fraud figures and, whatever the measure, have they peaked? Joanna Perry goes in search of the answers