John Lewis says holiday like-for-like sales flat
Retail bellwether John Lewis said on Monday like-for-like sales, excluding VAT, at its department stores were flat for the five weeks to January 3 compared to the same period in the previous year.
Adams axes 850 jobs as stores close
Around 850 staff were made redundant at retailer Adams Childrenswear on Monday after administrators announced the immediate closure of 111 stores.
More shoppers over weekend
Shopper numbers were up 2.7 percent on Friday, Saturday and Sunday compared with the corresponding days in 2008, according to a survey on Monday.
Karen Millen owner may be in crucial debt talks
Mosaic, the owner of the Karen Millen, Oasis and Principles fashion brands, is to begin talks with its lenders, further evidence of the gloom on Britain's shopping streets, the Sunday Times reported.
Whittard may be close to administration
Whittard of Chelsea, the tea and coffee retailer owned by Icelandic investor Baugur, was on Tuesday on the verge of filing for administration but was still talking to potential buyers, according to an industry source.
John Lewis sales pick up but still down on last year
John Lewis, the employee-owned group seen as a barometer for the retail sector, said sales picked up during the last weekend before Christmas but were still down on a year ago.