All Retail Week articles in 5 December 2008 – Page 2
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Opinion
Recession weeds out the weak
The fittest retailers survive downturns; only those that are already struggling face extinction.
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Analysis
What went wrong for Woolworths?
Despite all attempts at revival, Woolies finally fell into administration in December 2008. George MacDonald assesses the reasons for its demise and asks if the iconic retail name has taken its last gasp.
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News
Landlords offer olive branch on service charges
The landlords’ trade body the British Property Federation has called on its members to keep service charges down for retail tenants.
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Opinion
Deep discounting comes at a price for fashion retailers
The unprecedented wave of Sales and promotions on the high street seems to be doing little to lift shoppers' spirits or open their purse strings. Are the likes of Debenhams and Marks & Spencer going about attracting shoppers in the right way? Or is recession depression all-pervasive?
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News
Westfield triggers fury as fit-out incentives withheld
A new row has broken out between retailers and developer Westfield, this time with retailers alleging that the Australian developer is unfairly withholding promised contributions to store fit-outs.
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Gallery
Store of the week: Disney Store, Westfield London
Look at Disney Store’s financial record for the year to September 2007 and you might be inclined to think it isn’t doing very well.
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News
Rising wage bill slashes Belgian grocer’s profits
Belgian discount supermarket Colruyt has reported that its first-half profits came in below expectations as energy and staff costs hit margins.
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News
Thanksgiving spend gets 7.2 per cent lift
Deep discounting by US retailers lured shoppers into stores for the start of the country’s crucial Thanksgiving Sales last weekend.
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News
Clas Ohlson makes its UK debut in Croydon centre
Swedish hardware retailer Clas Ohlson has opened its first UK store, dubbing itself a “really useful shop”.
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Opinion
Questions over Woolies remain
Woolies’ descent into administration poses the classic chicken and egg question.
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News
Kingfisher update welcomed despite a nosedive in profits
The City welcomed a better-than-expected third-quarter performance from DIY group Kingfisher despite a fall in retail profit and continuing problems in China.
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News
DSGi vows to beat the crunch as it posts loss
DSGi chief executive John Browett has been examining the impact of recessions as far back as 1929 to learn lessons about surviving the toughest of times.
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News
Findel: The City view
The home shopping group delivered interim benchmark pre-tax profits of 7 million – down from 8.5 million last time – on sales up 1 per cent to 294.7 million.
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News
Sector’s share price flutter gives City little reason for excitement
The stores sector shrugged off the collapse of Woolworths and continued concern about the trading outlook to outperform the FTSE All Share index.
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News
B&Q abandons customer mag to up TV ads
B&Q has ditched its customer magazine as it ploughs more of its marketing spend into TV advertising.
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News
Republic stands by growth plans despite market
Branded young-fashion retailer Republic remains committed to its expansion plans despite the toughening market conditions.
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News
Phones 4U to take on games with new site
Mobile phone retailer Phones 4U is making a play for the games sector by launching a web site devoted to games and consoles.
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News
Reiss to review price points as profits fall
Reiss is considering dropping its entry price points as it seeks to attract more customers after suffering a fall in UK operating profit.
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News
Shoppers put back festive buying as they hold out for further Sales
Shoppers have shifted their Christmas buying habits and saved the majority of their shopping this year for December.
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News
Last-ditch attempts made to save EUK as supply dries up
Desperate attempts were being made as Retail Week went to press to provide a payment guarantee on behalf of EUK, the Woolworths-owned entertainment supplier, enabling it to resume trading.