News roundup—16th October 2008

News roundup—16th October 2008

Second-quarter catalogue and online sales at
Mothercare and its Early Learning
Centres unit rose 25.1 per cent impressive, but below the
47.9 per cent increase in half-year direct sales. Overall sales
for the second quarter rose a scant 0.3 per cent, however, and
store sales fell 2.6 per cent “due to a planned reduction in

Simon Turner has left his post as retail and distribution
operations director of Woolworths, reports
The Independent, which also notes that
retail credit insurers Euler Hermes, Atradius and Coface
recently withdrew insurance cover for suppliers to trade with
the troubled retailer.

Retailers are bringing out their Christmas promotions earlier
than ever this year, according to The Times, and “the result is a
stand-off between shoppers, who have been leaving Christmas
later and later each year, and retailers desperate to stave off
a dire performance for the vital last quarter of the

Apparel cataloguer/retailer Cotton Traders
faces a boycott led by Burma Campaign UK for importing clothing
from Burma, according to Fibre2Fashion.


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