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Sir Philip Green to battle for Baugur’s assets

Interest from private equity firms, including TPG, impinges on Arcadia Group boss’ attempt to gain control of the UK retail empire. 
15 October 2008

Steamer Trading opens in Marlow, now looks north

Cookshop retail chain Steamer Trading opened its latest store last week, and confirmed plans to grow the business to 30 outlets within the next three years. 
15 October 2008

Mica Market is a sell out

Annual trade show sold out for exhibitors with 66 top names on show, including Draper Tools, Everbuild, LG Harris and Brabantia. 
14 October 2008

UK sales fall 1.5% for September

Like-for-like sales values down from September 2007 after a previous rise of 3%. 
14 October 2008

Sir Terence Conran to speak at 2009 conference

Following the success of the inaugural Housewares Conference last year, the 2009 event is continuing to gather support. 
14 October 2008

New 'green' Tesco to create 320 jobs

Plans drawn up for multi-million pound 45,000sq ft store in Caernarfon, North Wales. 
13 October 2008

Topshop boss to take control of Baugur portfolio?

Sir Philip Green flies to Reykjavik to negotiate a deal with Government ministers to buy the retail group’s debt. 
13 October 2008

Iceland founder drops interest in Woolworths

Chief executive Malcolm Walker now considering plans to buy up parts of the Baugur-owned frozen food chain. 
13 October 2008

Government's actions 'half-hearted', says BHF

Managing director Alan Hawkins provides diyweek.net with his take on the economic situation, the interest rate cut and the increase to the National Minimum Wage. 
10 October 2008

Another big-ticket retailer in trouble

Land of Leather's pre-tax profits drop 88% as the furniture retailer reports a full year loss of £0.4m compared to a profit of £16m last year. 
10 October 2008

Home Hardware Southwest opens new warehouse

New 54,000 sq ft site in Bedford hoped to generate more than £10m for wholesaler. 
10 October 2008

Alan Sugar buys into Woolworths

Entrepreneur and TV personality Sugar snaps up 3.9% of High Street chain. 
10 October 2008

Last credit insurer pulls out of Woolworths

High street chain’s woes deepen as Corface withdraws cover for suppliers amid concerns for retailer’s financial health. 
9 October 2008

Poundland profits up 122%

Discount retailer’s operating profit climbs to £8m following strong sales growth and an increase in AB demographic shoppers. 
9 October 2008

Magnet's cost reductions 'common practice'

Company releases statement justifying supplier letter calling for 5% cost cuts. 
9 October 2008

B&Q to close distribution centre

150 jobs threatened as business review finds Scunthope site to be unnecessary. 
9 October 2008

Rosebys to close 70 stores

Home furnishing retailer may close up to 70 stores in the next two weeks after the company entered administration last Friday. 
8 October 2008

Rainy Day Trust gets in the swing

More than 90 golfers from the industry's suppliers, service providers and leading retailers took part in the annual Rainy Day Golf Challenge at Brocket hall. 
8 October 2008

Industry sees significant declines...but not in all sectors

GfK's Spotlight on DIY reveals that some areas of the market are up as much as 34%, suggesting a growing 'don't move, improve' mentality. 
8 October 2008

BRC welcomes Bank of England's decision to cut interest rates

British Retail Consortium believes 0.50% cut is 'the kind of decisive action needed in the current financial turbulence'. 
8 October 2008
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