News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Feb- 2018 -16 February
Poundland owner appoints Richard Heis as restructuring officer
Struggling retail giant Steinhoff has appointed Richard Heis as chief restructuring officer charged with the task of returning it to…
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16 February
Co-op set to open ‘record number’ of stores and refits
The Co-op will be opening 30 new food stores and refurbishing seven existing properties from its current portfolio in the…
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16 February
UK retail sales at lowest for almost a year
UK retail sales increased by 0.1% in January, their lowest growth rate since April 2017, according to the Office of…
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16 February
Lidl creates 700 new UK jobs
Discount supermarket Lidl has opened its 700th UK store, following the opening of five new stores in a single day.…
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15 February
Tesco issues apology to customers after payment glitch
Supermarket giant Tesco has issued letters of apology to some customers after a payment glitch at around 300 of its…
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15 February
UK customers ‘happy to be served by a robot’
A third of respondents in a Fujitsu survey said they’d be happy to be served by a robot when they…
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15 February
Burberry announces partnership with Farfetch
Fashion brand Burberry has announced a partnership with online retailer Farfetch which will see its entire global inventory made available…
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15 February
Laura Ashley shares tumble after profit warning
Shares in retailer Laura Ashley have fallen by as much as 18% after a profit warning was issued for the…
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14 February
London Bridge retail brands unveiled in £1bn redevelopment
Network Rail has announced that London Bridge station will play host to a number of retail brands as part of…
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14 February
Asda under fire for ‘sexist t-shirt’
Asda has been slammed by parents and campaigners for selling a t-shirt which suggests boys are mischief makers and ‘diggers…
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