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Packaging News - Point of Purchase

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Point of Purchase

'Retail Free Fall' Leads to More Price Cuts

The State (Columbia, S.C.)
April 23, 2008 - Sales of clothing and accessories are declining as economic woes make shoppers skittish....
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Primark Bucking the General Retail Trend

Datamonitor
April 23, 2008 - Associated British Foods reported a strong set of figures for its retail business, Primark, in the 24 weeks to March 1, 2008. With 4.0% like-for-like growth, the retailer appears to be bucking the general retail trend and should continue to outperform the sector, despite the economic gloom....
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Manufacturers Supplying Growing Demand for Eco-Friendly Apparel

Sunday Gazette - Mail (Charleston, W.V.)
April 22, 2008 - One analyst says,Before, green fabrics were considered part of a "lunatic fringe, and it's now moving into the mainstream. I think everybody is waking up to the fact the world is in a sorry state,"...
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Safeway Opens Two Solar-Powered Stores in California

Business Wire
April 22, 2008 - The placerville and Fairfield supermarkets are the first of 23 the company has targeted for conversion....
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Wal-Mart Joint Venture With Bharti Group Rolls Out Slowly

Datamonitor
April 21, 2008 - The Indian retailer has opened three Easy Day stores but is keeping the U.S. brand out of sight for now....
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JCPenney Hoping to Take Spend With Private Labels

Datamonitor
April 21, 2008 - At an analysts' update, JCPenney's management confirmed that, in response to the uncertain economic climate, the retailer was reducing capital expenditure to focus on driving sales and margin with private labels. ...
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U.S. Retailers Eschewing Sales Reports

International Herald Tribune
April 18, 2008 - Faced with an economic slump, a growing number of national retailers are abandoning the longstanding tradition of reporting monthly store sales and forecasting annual profits....
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JJB Sports to Close 72 Stores as Profits Plunge 28%

Daily Post (Liverpool)
April 18, 2008 - Wigan-based JJB, which has more than 400 outlets, began implementing the closure plan earlier this year, after a business review by new management....
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Supervalu 4Q Profit Up on Lower Interest Expense

Houston Chronicle
April 18, 2008 - The grocery chain saw some profit growth from its stores and food distribution businesses. Paying down debt and cutting administrative expenses helped, too. Supervalu became one of the nation's largest grocers with its 2006 acquisition of most of Albertsons grocery stores....
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Tesco's Sales Rocket to GBP 98,000 a Minute

Evening News (Edinburgh)
April 17, 2008 - Overall underlying pre-tax profits rose to GBP 2.8 billion on the back of group sales of GBP 51.8bn....
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