All Retail Week articles in 28 November 2008 – Page 3
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News
VAT nightmare as retailers struggle with cut
Retailers have reacted angrily to the VAT cut announced by Chancellor Alistair Darling on Monday, saying it will make little difference to sales and cause huge disruption at the most important time of year.
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News
Second MFI administration is latest blow for home sector
Big-ticket home retailers believe MFI’s collapse into administration could deal another huge blow to the beleaguered sector in the run-up to the crucial January Sales period by further denting already fragile cons-umer confidence.
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News
Retailers to go VAT-free in twist on discounting frenzy
Retailers are staging VAT-free promotions to kick-start trade in the key Christmas period.
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News
Thomas Pink to expand overseas
Luxury shirt retailer Thomas Pink is poised to ramp up its international presence starting at the end of this year and continuing through 2009.
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News
Richer Sounds profits suffer as margins slip
Specialist electricals retailer Richer Sounds posted a 38.8 per cent fall in pre-tax profits to 3.7 million for the year to April 26.
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News
Focus value range brings home £1m in first month
DIY retailer Focus has generated sales of more than 1 million from its new value range Payless since launching it four weeks ago.
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News
Woollen Mill to convert bought Rosebys stores
The Rosebys brand name is to be abandoned by Edinburgh Woollen Mill, which this month bought 77 of the outlets out of administration.
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News
Hamleys lays the foundation for international expansion in 2009
Iconic toy retailer Hamleys is ramping up international plans with dates set for launches in China and Russia and plans to go into Singapore, Poland and the Czech Republic.
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News
Topps Tiles soldiers on despite profits plunge
Specialist retailer Topps Tiles remains confident of gaining market share as trading conditions worsen, despite revealing a 27 per cent decline in full-year pre-tax profits to 27.7 million.
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News
Clinton Cards pins hopes on Christmas after sales tumble
Greetings card group Clinton Cards is relying on the crucial Christmas season for some relief after suffering dire trading.
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News
General retail stocks cling on as more turmoil rocks the sector
General retail stocks bounced back this week despite a tumultuous week for the sector.
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News
Mothercare: The City view
Mothercare bucked the retail gloom with a strong set of interim figures.
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Opinion
Who is up to the endurance test?
In just months the economic landscape has been transformed. In the past week the political landscape has too, as Chancellor Alistair Darling attempted emergency surgery on the economy. But how much has the retail landscape changed?
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Analysis
Pre-Christmas discounting: Can you cut it?
High street retailers are slashing prices in the Christmas run-up, but is it the answer to their problems, asks Charlotte Hardie
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Analysis
Christmas TV ads: Will christmas ads woo the shoppers?
Retailers are spending huge amounts on Christmas advertising this year, but is it money down the drain? Charlotte Hardie and Saatchi & Saatchi’s Richard Huntington tune in to this year’s festive campaigns.
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Analysis
Sally Bailey, White Stuff: The right stuff
White Stuff has so far bucked the downturn with storming results and chief Sally Bailey wants to keep it that way. She tells Amy Shields why the tough market needn’t mean growth has to stop.
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Opinion
VAT reduction just doesn’t cut it
Oh the irony. Even if Alistair Darling’s 2.5 percentage point cut in VAT had prompted consumers to open their purses this week, they would have been snapped firmly shut again only days later when two household retail names went into administration.
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Analysis
Christmas store design in Paris
The Parisian retail scene has some real show-stoppers this Christmas. But is it better than London? John Ryan takes to the streets of the French capital to decide.
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Analysis
Leasing IT systems: Up for rent?
Leasing IT systems can free up cash for retailers while still allowing them to invest and upgrade. But with banks increasingly wary of lending to the retail sector is it still an option, asks Liz Morrell.
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Analysis
BCSC and MAPIC: The best of a bad situation
The atmosphere at this year’s BCSC and Mapic conferences was unsurprisingly subdued, but there are still some rays of hope for cautious optimists. Ben Cooper reports from the events.