JULY TRADE NEWS

Independent retailers are working hard to keep prices down

Summer sales fail to help independent retailers

Retailers resist pressure to go out of business

Wholesaler praises Exeter's transport links

Online system revealed to help local retailers

Rural post office alternative does not have the funding to help businesses

Independent retailers 'set to benefit from online sales boom'

Suffolk market town to be transformed with new high street retail development

Independent electric retailers struggle as sales slow

Couple reveal joys of independent retailing

Retail sales slump after May’s blip

Small businesses urged to reduce energy usage

Independents prepare for 3rd Vodafone boycott

Government plans welcomed by retailers

Independent booksellers join forces to compete

Better training for retail workers

Large firms take advantage of small wholesalers

Sheffield authorities donate fake goods to overseas charity

Economic downturn prompts calls for business rent change

Falling sales hit business confidence

CCTV 'can help retailers improve sales'

Wholesaler uses government system to measure environmental impact

Bosses 'don't feel they can take holidays'

Niche service 'helped new business compete with national wholesalers'

Midlands village ditches plastic bags

Post office closures 'will hurt local retailers'

eBay wins US court case over fake jewellery

Retailers and residents join forces to protest new supermarkets

Retail sales dip in June

Retailer blames supplier after fake goods conviction

Independent retailers boycott Vodafone

Small business owners 'plan to stick with their companies for many years'

Small businesses would have welcomed rate cut

Businesses 'not surprised by rate hold'

FSB calls for support for local retailers

Small retailers 'increasingly face court over grey market goods'

Around the world in a tea daze

Politicians urged to always consider the smallest businesses

Report warns small businesses fear recession

Government looks to alter planning law to protect small retailers

Small businesses are 'saving to guard against recession'

UK sites handle £800m worth of fake goods every year

Lack of disposable income 'could affect' retailers

Yorkshire police link fake goods with drug trade

Northern Irish retailers to fight Tesco plan

UK business 'understand the importance of a good internet presence'

Buggy manufacturers make it hard for retailers to sell online

British consumers 'happy to buy fake goods'

Kew retailers stop offering plastic bags

More retailers 'will go bust this year'

Welsh officials educate public on fake goods

Attempts to save Devon post offices

UK businesses threatened by rising fraud

 

Trade News Archive July 08 June 08 May 08 April 08 March 08
February 08 January 08

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30th July 2008

Retailers resist pressure to go out of business

Fewer retailers have gone bust in the first half of the year, a new study has shown.

Accountancy firm Deloitte showed that there was a 16 per cent drop in the number of retailers going into administration in the second quarter of the year when compared with the previous three-month period, website theretailbulletin.com reported.

What's more, the number of retailers going bust in the first half of 2008 is down 30 per cent on the same months in the pervious year.

However, Lee Manning, reorganisation services partner at Deloitte, explained that some sectors were still struggling.

He said that traditional book, music and DVD retailers have had a tough time in the past two years, but added that the data seems to indicate "the worst effects of this maturing market may have been felt".

"The same cannot be said for fashion clothing, however, where we are starting to see the effects of the credit crunch," Mr Manning added to the website.

"Fashion is often one of the first sectors to be hit hard as consumers' discretionary spend is tightened and those retailers whose customer offering isn't spot on experience sales slippage."

The expert added that he expected smaller businesses would be more affected by the credit crunch than their larger rivals.

"In particular, we would expect furniture and household related retailers to experience an increase in failures next quarter," he concluded.

 

(c) 2008 Adfero Ltd.

 

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