TRADE NEWS

 

 

News Archive March 2008
 

Clothing spending falls early
Retail spending on clothing has dropped earlier than expected, when viewed against the possibility the UK is entering an economic downturn, according to one expert.
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Government agencies 'should be more proactive'
Government agencies that are designed to assist small businesses - such as Business Link - should be more focussed on finding enterprises that they can assist, according to a spokesperson from the Federation of Small Businesses (FSB).
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CBI asks mayor candidates to support firms
The Confederation of British Industries (CBI) has called on the four leading candidates for London mayor to meet its priorities for business.
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Growth is 'main problem for new retailers'
New start-ups have increased in numbers but the major problem facing small firms such as retailers is whether they can expand, according to an industry pressure group.
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No need to be wary online, say experts
Consumers who make online purchases have little reason to be wary if they are using approved websites, according to a leading consumer guide.
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Minimum wage hike could affect retail employment
The increase in the minimum wage could cause employment in the retail sector to slow, according to the British Retail Consortium (BRC).
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BRC expects victory in Visa investigation
The British Retail Consortium (BRC) has welcomed an EU investigation into fees levied by Visa, which it claims could be of benefit to retailers.
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Retailers should update websites regularly
Small retailers should continue to update their websites after launching them, an IT expert has advised.
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UK to spend £8bn over Easter
UK shoppers are expected to spend £8 billion on Easter this year, an increase of three per cent on 2007, estimates the British Retail Consortium (BRC).
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Retail slows in Scotland
Scottish retail sales have slowed in February after a January boost caused by discounting, Scottish Retail Consortium (SRC) figures show.
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Easter sales 'moving online'
The annual hunt for children's Easter eggs shows signs of shifting from the high street to online, it has been claimed.
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Pet clothing retail growing
Clothing for animals is an upcoming retail trend, with an increase in retailers supplying designer gear for pampered pets, it has been claimed.
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Niche retailers should sell their benefits to landlords
Landlords should offer more flexibility to smaller, niche retailers, according to a speaker at the Retail Week Conference. 
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London retail sales up on 2006
London retailers have reported a sales hike on the year before, show figures from the London Retail Sales Monitor.
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Weak high street sees profits drop for French Connection
Fashion retailer French Connection has reported a substantial drop in profits for the year ending February. 
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Older consumers well informed about online security
Online security is well understood by older consumers, who are more clued up about protecting their personal information when shopping over the internet that any other generation.
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British take-up of fair-trade highlights importance of ethical retailing
New statistics have shown that Britons are the biggest fair-trade spenders, highlighting the growing importance of responsible retailing and wholesaling practices for consumers. 
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Government could bring in carrier bag legislation
The government is poised bring in new legislation requiring supermarkets to begin charging for single use carrier bags. 
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Dragons' Den entrepreneur to help launch academy
Star of TV's Dragons' Den Peter Jones is to help the government set up its new National Enterprise Academy. 
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Economic downturn could hit retailers hard
A slowing of the UK economy could have severe effects on the retail industry, new research has revealed.
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Sales continue sluggish performance into February
February has been a slow month for British retailers with sales remaining sluggish and consumer confidence dipping, new research has revealed. 
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Shoppers opting for green retailers
Many shoppers are considering the environmental impact of a product before making a purchase, new research has revealed. 
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Independent retailers fear bad news budget
Independent retailers and other small businesses are apprehensive about the potential effect of the Budget announcement this Wednesday (March 12th). 
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User-generated content could be the key to online independent retailers
Internet-based independent retailers could see an increase in business if they make use of user-generated comment, experts have claimed.
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Shopping centres urged to rethink consumer perceptions
Shopping centres should rethink their traditional perception of consumer needs and broaden their retail scope, experts have claimed. 
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UK shoppers lead the way for online continental spending
Online shoppers in the UK may account for around 40 per cent of internet sales in Europe this year, new research has revealed.
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Consumers reveal interest in ethical trading
Consumers' number one responsible retailing concern is ethical trading, new research has revealed.  
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BRC urge bank to make cuts to help retailers
The British Retail Consortium (BRC) has urged the Bank of England to consider making a cut in interest rates to help ailing retailers.  
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Asda pledge to remove disposable carrier bags
Supermarket giant Asda has announced its intentions to remove all disposable carrier bags from its. 
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CBI calls on Darling to cut tax on retailers
The Confederation of British Industry (CBI) has called on chancellor Darling to help small business and independent retailers in the next Budget report.
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New retailers agree Grand Arcade leases
Five retailers have agreed to occupy part of the Grand Arcade development in Cambridge. 
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Defra unveil new packaging targets
The Department for Environment, Food and Rural Affairs (Defra) has announced its intention to increase packaging recycling targets from this year. 
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ISPs should be more accountable for online counterfeit goods sales
Internet service providers (ISPs) should play a more integral role in preventing the sale of online counterfeit goods, experts have claimed.  
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Retailers reject government plastic bag claims
Retailers have claimed that proposals to introduce legislation over the use of plastic bags are not needed. 
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