Woolworths has today cut up to 50% of certain lines as its administrators attempt to sell off stock in the run up to Christmas. 

Deloitte, the administrators called in last month to handle the sale of the retail giant, announced that 450 jobs had been cut from support operations in London and Rochdale. 

The Home Retail group is responding to the credit crunch by offering customers the chance to snap up bargain price sofas. 

Morrisons like-for-like sales have grown by 8.1% without fuel meaning the supermarket chain outstripped Tesco in the third quarter. 

Disney is looking to expand its market share of home products by branding some of its biggest names on to a series of new ranges in 2009. 

Woolworths the former high street champion and current media punch bag went into administration last week. 

The Pier has joined a sad and increasingly long list of firms who've been forced to call in the administrators due to financial difficulties. 

Marks and Spencer will hold a second one-day sale in as many months as it looks to drive up pre-Christmas sales, as Debenhams plans three-day price cut. 

New figures reveal convenience is key rather than price in encouraging consumers to splash their cash on the web. 

Tesco announced profits in the UK were up but non-food sales including homeware showed a 'small decline'. 

Administrators for electrical distributor Bridisco Group have written to retailers telling them to pay 'in full' for new goods regardless of anything they might be owed. 

John Lewis recorded a 10% week-on-week rise in sales in the last seven days, helping the firm shrug off overall profits being down 13%. 

Lightning Paint Rollers has been bought up by the giant Nespoli Group, who are expanding their UK interests. 

A Liverpool-based tool and equipment hire firm has cut almost 500 jobs after reporting lower than hoped for results for October. 

Council issues enforcement notice to close new farm shop despite stating that it ‘would not require planning approval’. 

Talks to save beleaguered retailer Woolworths broke down last night forcing the firm into administration. 

Kingfisher UK's profits slumped as the effects of a miserably wet summer and the economic downturn hit. 

Leading UK home and general retailer purchases intellectual property rights to Alba and Bush trademarks for £15.25m. 

Clas Ohlson today opens its first UK store in a bid to bring a new type of ‘modern hardware’ to British consumers. 

Woolworths asked for trading in its shares to be suspended this morning after they fell 25p since Monday.