All Retail Week articles in 5 December 2008 – Page 3
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News
Amazon launches digital download offer
Amazon has launched its long-awaited digital music download service, Amazon MP3.
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News
Leading entertainment distributor collapses
Pinnacle, one of the UK’s leading entertainment distributors, has gone into administration.
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News
The Pier descends into administration
Homewares retailer The Pier has fallen into administration.
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News
Morrisons to buy 38 Co-op stores as sales soar
Morrisons has revealed like-for-like sales excluding fuel climbed 8.1 per cent in the 13 weeks to November 2, and said it has entered into a conditional agreement with Co-operative Group to buy 38 of its stores.
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News
Retailers ramp up pre-Christmas Sales
Retailers have stepped up their discounting dramatically in recent weeks, with three quarters of the UK's leading chains offering discounts in the run-up to Christmas.
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News
JJB attempts to reassure investors after shares plunge
Embattled JJB Sports has issued a holding statement to reassure investors following its share price slump and intense speculation about its future.
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News
Relief for Mosaic as it wins monthly rents concession
Deal will bring cash flow benefits for fashion giant Mosaic over the crucial Christmas trading period.
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News
Chance of delayed VAT reaction gives retailers hope
The VAT cut introduced this week is expected to delay spending until this weekend, as shoppers wait for lower prices.
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Opinion
Credit insurers are too powerful
Ever heard of a home insurer that pulled cover if a storm was forecast? Didn’t think so. But that’s the way credit insurers work.
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News
Interest rate slashed to 2%
The Bank of England has cut the interest rate by 1 percentage point to 2 per cent in a move that will bring some respite to retailers.
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News
Primark ready to topple George’s crown as king of value fashion
Primark is poised to topple Asda’s George from the top value fashion market share spot.
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News
Tesco introduces Direct kiosks in Metro stores
Tesco has begun testing its non-food Tesco Direct offer in its small-format city centre Tesco Metro stores.
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News
BRC lambasts proposed rise in minimum wage
Retailers fear above-inflation minimum wage increases being suggested to the Low Pay Commission this week could lead to further job losses in the sector.
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News
Hamleys enters discount battle to fight Westfield
Hamleys is offering a 20 per cent discount for early-bird and late night shoppers to counter what it calls the “Westfield effect” on its footfall.
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News
Home Retail prepares to launch clearance site for cut-price sofas
Home Retail Group is to launch a standalone clearance web site offering “massive discounts” on sofas.
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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.
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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
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
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
Republic stands by growth plans despite market
Branded young-fashion retailer Republic remains committed to its expansion plans despite the toughening market conditions.