Euro zone retail sales sink
Euro zone retail sales fell much more than expected in October, underlining weak consumer demand in the recession-hit economy and adding to arguments for a deep interest rate cut by the European Central Bank on Thursday.
Tesco says quarterly sales up 2.0 percent
Tesco, the country's biggest retailer, said its new budget range was luring an extra 300,000 UK shoppers a week and it was on track to meet profit forecasts, boosting its shares on hopes it can cope in a consumer downturn.
Game Group sees sales growth slow
Game Group , the video games retailer, has continued to buck high street gloom with a rise in underlying sales but its rate of sales growth has slowed.
Dreaming of a cheap Christmas
The bright "50 percent off" signs plastered over the windows of London's plush new Westfield shopping centre don't hold much sway over Helen Marlow.
Woolworths potential rescuers circle
Deloitte LLP, the administrator of the retail and distribution businesses of retailer Woolworths Group Plc, has received dozens of inquiries from companies and individuals for parts of the business, according to newspaper reports on Sunday.
Discounts fail to boost shopper numbers
Heavy discounting by retailers has failed to boost shopper numbers and the rate of business failures in the industry is accelerating, surveys by researchers Experian showed.
John Lewis weekly dept stores sales fall 13 percent
John Lewis Partnership, the employee-owned group seen as a barometer of British retail spending, said on Sunday its department store sales fell 13 percent in the week to November 29, from a year earlier.
Retailers gloomy as Woolworths falls
Downbeat results and gloomy outlooks at leading retailers DSG and Kingfisher underlined the severity of the economic slowdown on Thursday, as Woolworths collapsed into administration.
John Lewis says trading in line with previous weeks
John Lewis , the employee-owned group seen as a barometer of retail spending, said on Thursday the sales performance of its department stores so far this week was in line with the previous two weeks.
Philip Green says won't bid for Moss Bros
Billionaire Philip Green said on Thursday he has no current plans to bid for men's fashion retailer Moss Bros Group , having decided now "was not the right time."
DSG slumps to loss and axes dividend
DSG International, Europe's second-largest electrical goods retailer swung to a first-half loss and suspended its dividend as it grapples with the deepening consumer downturn.
Woolworths in talks to sell retail business
DVDs-to-sweets retailer Woolworths Group on Thursday said it had put its retail and distribution businesses into administration after discussions relating to the potential sale of its 815 stores ended on Wednesday.