Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

Tesco looks beyond recession

UK: Tesco chief sees value as key to recovery
Retailers should focus on value for money to attract and retain customers if they want to survive and prosper beyond the recession, according to Sir Terry Leahy, the chief executive of Britain's biggest supermarket chain Tesco.

Talbots offloads J Jill

US: Talbots agrees sale of J Jill assets
US women's wear retailer Talbots has agreed to sell its J Jill brand assets to Jill Acquisition, an affiliate of Golden Gate Capital, for approximately US$75m.

Arcandor insolvency filing

GERMANY: Arcandor files for insolvency, aims to restructure
Retail group Arcandor has filed for insolvency after the German government rejected pleas for state aid to help repay loans of EUR710m (US$1bn).

Inditex profit slumps

SPAIN: Inditex Q1 profit down 16% despite robust sales
Retail clothing giant Inditex said its first quarter profit had fallen 16% to EUR184m (US$260m), but added that sales during May were up 9% on last year.

Filene's Basement back on the block

US: Filene's Basement auction reopens amid confusion
The auction selling off the assets of bankrupt cut-price retailer Filene's Basement was forced to reopen amid confusion over the process. Men's Wearhouse had been named as the winning bidder but the process restarted after complaints from the losing bidders.