
- Tuesday January 6 was the last day of trading for the remaining Woolworths stores, after a 99-year history on the UK high street.
- Prime Minister Gordon Brown supported Retail Week’s Backing UK Retail campaign, saying he understood the pressures that were facing the sector, which employs more than 10% of the working population.
- Tescolaunched an ad campaign in early January claiming to be Britain’s cheapest supermarket, based on “real baskets” of shopping its customers had bought.
- Prupim, the property investment arm of the Prudential, became the first major landlord to offer retailers the option of monthly rents on existing leases without any financial penalties.
- Sainsbury’srestructured its head office central support teams in a move that would lead to up to 300 jobs being axed.
- New Lookrevealed it would relocate its buying, merchandise and design teams to London from Weymouth as part of its strategy to become a major international retailer.
- HMV bought a 50% stake in a joint venture with live music venue operator MAMA Group to tap the live music market, which it estimated is worth £1bn a year.
- DSGirestructured its executive team as Currys boss Peter Keenan left to join HSBC and Keith Jones was promoted to group retail director from his position as PC World managing director.


















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