News roundup—6th March 2008

News roundup—6th March 2008

Even the retail sector’s top performers are being hit by the
economic downturn. John Lewis has released its
financial results for 2007 posting a sales rise of just 5 per cent
reports ThisIsMoney. Choice quote: “Analysts
have warned that if John Lewis is struggling, its rivals will
be in serious trouble”.

Taking some of the shine off recent positive press that
Littlewoods has been receiving is this
not-so-cheery headline from the Liverpool Daily Post:
Littlewoods is deeper in red.

New bookselling website Amber Square is
aiming to take on the likes of WorldBooks and
The Book People reports Initially distributing
PDF catalogues, the company plans to publish printed catalogues
within six months.


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