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Retail News

October 2008

- 7 news articles

Retailers struggle to return profits


Retailers have struggled to make sales and could face a difficult Christmas, figures released by the Confederation of British Industry suggest.More than a quarter (27 per cent) of retailers said ...

Retail jobs could open up in Lincoln


Opportunities for people looking for jobs in retail could come about after plans to give a local shopping centre a major facelift have been unveiled, it has been reported. A £7 million cash ...

Unions disappointed with M&S verdict


The GMB Union has said it was disappointed Marks and Spencer upheld its sacking of an employee, for telling the media its plans to cut redundancy pay.Tony Goode was fired for gross misconduct having ...

Retailers told: Pay suppliers faster


Leading retailers have been told to pay their suppliers more quickly to help them stay in business.Environment secretary Hilary Benn reminded them that it was essential smaller businesses dependant ...

High-tech credit card threat


Workers in retail jobs have been warned of a new high-tech credit card fraud.Some of the UK's biggest outlets, including Tesco, Sainsbury's and Asda have been affected by the scam, which uses ...

120,000 banking jobs lost worldwide


Up to 120,000 positions have been lost in the banking sector worldwide in the past 14 months. Figures published by the financial news site Bloomberg show that 14,074 jobs have been lost at Citigroup, ...

Minimum wage rise will improve retail jobs


People working in retail look set to benefit from the minimum wage rise which is set to happen today. Workers on minimum wage will be paid an extra 21p an hour – taking it up to £5.73 an ...