SEPTEMBER TRADE NEWS

Norfolk locals petition against Tesco expansion

BHF to have first female president

Popularity of online retail set to grow

Yorkshire traders rally in face of recession

Small retailers stand by out-of-vogue cheques

JJB Sport bemoans 'worst retail slump ever

Planning regulations hit mom-and-pop stores

Chester retailers fear 'death of city centre'

Confusion abounds over latest Nokia offering

Grimsby shopkeepers slam cigarette display ban

Local shops in Crowborough brace for Tesco

Consumers 'intolerant' of e-tailer glitches

Retailers urge EU to scrap footwear tariffs

Rise of the mega-mall 'decimates high streets'

Manchester SMEs miss out on rate relief

NECC moves to help flood damaged retailers

New confectionery wholesaler in Liverpool

Credit crunch drives Christmas shoppers online

Newsagents slam Independent margin change

Analysts predict September sales slump

Upbeat London retailers buck national trend

Call to reform high street parking policies

Cheltenham residents back anti-Tesco campaign

Retailers ramp up pressure for rent reform

Retail spending 'remains in growth territory'

Minimum wage increase hurts small retailers

House & garden wholesalers escape property slump

BRC slams predicted business rate spike

MPs back Think Smallest First initiative

Expert trumps opportunities in overseas markets

Fears Swansea PO closure will harm local shops

Norfolk residents celebrate blocked Tesco bid

Next sees no improvement in consumer spending

East Sussex town launches own currency

Wet August dampens retails sales

Wholesaler, Makro, fined over shopper's injuries

Blackpool Council warns illegal street traders

High street braces for 'cautious Christmas'

Rate hold accepted but not welcomed

Loyalty card revealed for retailers

Brighton's shopping centre helps retailers

Blaming the internet for slumping high street sales 'is wrong'

Birmingham retailers work together to improve city centre

Retailers' protests stop pedestrianisation plan

Wholesale businesses report slowing sales

Out-of-county traders blamed for selling fakes

Norwich wholesaler hit by criminal gang

Importer loses House of Lords case

Photographs highlight plight of small retailers

Essex residents warned about counterfeit goods

New high street plan approved in Chelmsford

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

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9th September 2008

East Sussex town launches own currency

The town of Lewes in east Sussex has taken the unusual step of launching its own currency in a bid to protect local retailers.

Mayor Michael Chartier proposed the scheme because he believed issuing residents with money that is only redeemable in participating shops would protect the local economy.

Some 10,000 notes have already been produced, with each Lewes Pound pegged directly to the value of the sterling.

Organisers say that in addition to protecting local retailers from larger stores, the measure is helping to increase the sense of pride residents have in their local community.

Mayor Chartier told Sky News: "The idea behind it is to encourage as many local people as possible to shop locally.

"Lewes has a tradition of small shops and hasn't got a large number of major chain stores that a lot of other towns have," he added. "It has traditionally been the small shops that have given Lewes its unique appeal."

Observers say traders also stand to benefit from a reduction in fees associated with card-based transactions.

(c) 2008 Adfero Ltd.

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