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- 2020 -19 February
Sports Direct ‘partially allowed’ to withhold private documents from FRC
The Court of Appeal has ruled to partially allow Sports Direct’s appeal to overturn a High Court ruling from 2018…
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18 February
Amazon’s Jeff Bezos pledges $10bn to tackle climate change
Amazon boss Jeff Bezos, the world’s richest man, has pledged $10bn (£7.7bn) to help fight climate change. Taking to Instagram…
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18 February
Consumer confidence reaches record-high in February
The IHS Markit Household Finance Index reached a record-high of 47.6 in February, up from 44.6 last month. IHS Markit,…
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18 February
Amazon hit by 600 warehouse accidents in past three years, GMB claims
Amazon warehouses have been hit by more than 600 “serious injuries or near misses” in the past three years, a…
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18 February
Angling Direct profits hit by flooding despite 26.5% spike in revenues
Fishing tackle and equipment retailer Angling Direct has said winter flooding has impacted profits despite reporting a 26.5% increase in…
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17 February
M&S warns landlords it may close loss-making stores
Marks and Spencer has reportedly warned landlords that it will shutter loss-making stores, in a move that may see the…
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17 February
West country vacancy rates hits double-digits in 2020
The west country has seen the largest increase in retail vacancy rates in the UK, rising from 9.6% in 2016…
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17 February
Adidas to appoint Thomas Rabe as new chairman
Sportswear brand Adidas has said in a statement it intends to appoint Thomas Rabe as its new chairman, following a…
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14 February
UK food and grocery market set to be worth £174bn by 2024
The UK food and grocery market is set to grow by 15% between 2019 and 2024 to £174.5bn, according to…
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14 February
M&S to shutter two distribution centres putting almost 700 jobs at risk
Marks and Spencer has announced plans to shutter two of its distribution centres in spring 2021, putting nearly 700 jobs…
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