TRADE NEWS Advertising on social networks will not be invasive Mexx to withdraw from UK retail industry Waterstones aims to improve supply chain Retailers can use domain name to boost online presence Online shoppers unsure of risks Counterfeit goods harming retail industry Majority of internet users shop online Dragon's Den duo see product take off Online sales increase in January Retail sales slow in February Retailers set for Mother's day windfall Mamas & Papas begin retail expansion Independent retailers urged to assess everything Retailers hope to increase internet exposure Ambitious Britons hope to own businesses Retail sales enjoy quarterly growth Retailers retain confidence in the industry Women prepared to walk the earth for retail Retailers urge chancellor to ease burden Retailers urged to curb discounting Internet claiming increasing numbers of high-street shoppers FPB urges competition commission to help smaller retailers Competition commission set to replace code of conduct London retail sales below par in January Online retailers drive to attract new consumers Retailers taking legal obligations seriously UK wholesalers could be shunned by supermarkets US retailers enjoy shock sales rise Women opt for ethical Valentines gifts Retail sales set to face 2008 dip Sales boost January retail figures Retailers set for prosperous Valentine's Day Groups warn on danger of toy imports Government needs to raise small business legal awareness FWD outline annual conference plans Shop price inflation rises eBay abandons buyer negative comments European retail sales dip in December Demand for British goods increases Cashback websites battling high street for customers US wholesale prices increase Organisations to petition bag ban Capital Gains Tax may not be compatible with EU law Archive January trade news 2008   19 February 2008   Retailers urged to curb discounting Retailers have been warned to think carefully before setting up promotions and selling goods at heavily reduced prices. According to the KPMG/SPSL Retail Think Tank, an increase in cut-price sales in the current climate could lead to several stores going bust - harming retailers, wholesalers and consumers. Richard Hyman, from Verdict Consulting, revealed that the rise in the expense of retailing has made sales riskier than before. "2008 will be yet another year when rises in retailers' costs will outstrip growth in their sales," he said "Following years of cost cutting, most of the low hanging fruit from this source has already been picked. Driving top lines will increasingly determine retailers' fortunes going forward," Mr Hyman added. The group urged retailers to begin using sales as a means of clearing stock, rather than as a reaction to the position of similar retailers.     (c) 2008 Adfero Ltd.     Subscribe to The Wholesaler UK regular newsletter featuring trade news, suppliers offers and trade show reminders. . .