Newspaper retail round up

A roundup of retail stories from the newspapers… Sainsbury’s, Tesco, Asda and Topshop

Retail sales growth at six-year high

High street sales for September are the best since May 2004 as shoppers defy the gloomy economic outlook.

Alcohol minimum pricing measures would bring retailers £700m

The big supermarkets are all set to profit from a massive windfall should minimum pricing for alcohol be introduced in the UK.

From The Guardian

PZ Cussons slaps on St Tropez fake tan

Consumer healthcare manufacturer PZ Cussons has added self-tanning brand St Tropez to its portfolio, acquiring it for £62.5m

Blockbuster files for bankruptcy

The US film and games rental chain filed for bankruptcy last week after steadily losing money and missing two interest payments in July

From The Financial Times

Sainsbury’s eyes tilt at China

Sainsbury’s looks likely to capitalise on the Chinese grocery market after sending a senior level team to Asia to assess the move

Waitrose sales boosted by hungry students

The supermarket attributes a strong weekly sales performance to students as they stock up on ready meals ahead of the new university term

From The Independent

Top Shop to open second US store

The British clothing brand much-loved by Americans is to open its second US shop in Chicago and hopes to open further stores in Los Angeles and Las Vegas

Tesco and Asda bags ’flimsiest on the high street’

Plastic bags from Tesco and Asda are the most likely to split and spill your shopping according to research by the BBC’s Watchdog consumer programme

From The Telegraph

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