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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Jun- 2020 -2 June
Tesco CFO Alan Stewart announces plans to step down
Tesco has announced that CFO Alan Stewart has decided to retire from the position and leave the company on 30…
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2 June
Card Factory profits slide in full-year results
Card Factory has revealed that its underlying profit before tax fell 11.8% to £67.2m for the year ended 31 January…
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1 June
Boohoo faces $100m US lawsuit over fake promotion claims
Boohoo is reportedly facing a $100m (£81m) civil lawsuit from a US law firm over claims it misled shoppers over…
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1 June
Ted Baker raises £95m rescue fund amid full-year losses
Embattled fashion retailer Ted Baker has announced its intent to raise approximately £95m in gross proceeds to support it through…
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1 June
Primark outlines 15 June reopening
Primark has detailed its plans to reopen its UK estate, following the recent government announcement that non-essential retail may resume…
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1 June
Topps Tiles announces £18.1m sale of HQ and warehouse
Topps Tile has agreed a sale and leaseback of its head office and central warehouse building to UK Warehouse Properties…
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May- 2020 -29 May
Monsoon Accessorize on brink of appointing administrators
Fashion retailer Monsoon Accessorize is reportedly on the brink of appointing administrators. According to Sky News, Monsoon’s owner Peter Simon…
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29 May
B&M sales surge amid lockdown
B&M has revealed it enjoyed a “strong” end to its fourth quarter trading, with like-for-like revenues up 6.6% in the…
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29 May
Eve Sleep reports revenues ‘in line’ with expectations
Eve Sleep has reported its group revenues have been “in line with expectations” for the four months ended 30 April,…
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28 May
Mike Ashley fails to prompt financial investigation into Debenhams
Retail mogul Mike Ashley has failed to trigger an investigation into the financial affairs of embattled department store chain Debenhams,…
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