All Retail Week articles in 31 October 2008
Browse all news stories and articles from this date or time period.
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News
Wal-Mart eyes opportunities amid downturn
US retailing giant Wal-Mart has said it believes there are “extraordinary opportunities” for global retailers amid the financial slowdown.
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News
Sainsbury's to convert food waste into energy
Sainsbury’s plans to power its stores using electricity generated from thousands of tons of food waste.
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News
Tesco best placed to survive downturn, report claims
Tesco is the retailer most likely to survive the economic downturn, a new report claims.
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News
Castorama buoyed by Polish tradesmen
The return of the Polish plumber and his countrymen from the UK to Poland has lifted business at DIY group Kingfisher’s Castorama stores.
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News
Smallbone issues profit warning
Luxury furniture retailer Smallbone has issued a profit warning, saying that it expects figures to be “materially below” current market expectations.
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News
Ghost bought out of administration by Hawes & Curtis boss
Hawes & Curtis boss Touker Suleyman has bought fashion retailer Ghost after it fell into administration.
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News
Stylo to cut jobs after losses widen
Stylo posted first-half losses after tax of 9.3 million, up from 7.5 million in the red during the same period last year, and revealed it will slash jobs at the business.
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News
Snowmen to hit the West End
Giant snowmen will be suspended above the 12 streets of London’s Carnaby area from Thursday November 13, when its Christmas lights are switched on.
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News
Focus launches budget range to be ‘Lidl of DIY’
Focus has launched a range of value-priced products as it guns to become the “Lidl of DIY”.
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News
O2 unveils new format at Manchester Arndale
Mobile phone retailer and network operator O2 unveiled the first of its revamped stores this week at Manchester Arndale.
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News
High pay for retailers ‘not helping strategy’
Retail chief executives are paid disproportionately more than their counterparts in other industries but have less time than ever to spend on strategy, a study has claimed.
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News
Ton Sur Ton eyes UK comeback
Iconic 1980s fashion brand Ton Sur Ton is to be resurrected with as many as 80 standalone stores slated to open in the UK within five years.
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News
Tesco: The City View
Tesco is budgeting for like-for-like growth of only 2 per cent at its core UK business in contrast to the 3 to 4 per cent it has traditionally targeted.
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News
Share prices languish as talk of recession heightens City’s fears
Only two retailers managed a share price rise over the week as the market took fright at the looming recession.
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Opinion
Can the food discounters steal shoppers this Christmas?
Speak to any chief executive at the moment and they will all say that Christmas will be tough.
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Opinion
Sainsbury’s will ride this storm
Feed your Family for a Fiver seems not just to be a Sainsbury’s promotional campaign but a whole new way of grocery shopping.
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News
Carpetright ventures into e-tail but warns of tough times ahead
Flooring retailer Carpetright is to launch a transactional web site next year, but still warned that trading will remain tough for the next 18 months.
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News
DSGi rating reviewed as downturn takes toll
Ratings agency Moodys has put DSGi under review for a possible downgrade after the retailer suffered a first-half like-for-like tumble of 7 per cent.
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Gallery
Store of the week: Hollister, Brent Cross
Abercrombie & Fitch fashion brand Hollister finally made it off the UK starting blocks this week with stores in Westfield London, which opened yesterday, and at Brent Cross (pictured), which welcomed its first shoppers last Saturday.
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News
Asda opens wooden eco-store
Asda opened its wood-clad, timber-framed eco-store at Bootle in Merseyside on Monday.