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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Dec- 2019 -2 December
One in five small retailers set to close after Christmas
A new survey from Notonthehighstreet has reported more than one in five small retailers said they will close its stores…
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2 December
Holland & Barrett owner urged to provide cash injection
Billionaire Mikhail Fridman is reportedly under pressure from lenders to inject cash into Holland and Barrett, following a turn down…
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2 December
Ted Baker reveals £25m stock inventory error
Ted Baker has revealed its profits have been overstated by £25m. The company’s board estimated the value of inventory on…
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Nov- 2019 -29 November
Intu drafts in PwC advisers
Intu properties has appointed PwC advisers to help the restructuring of its balance sheet. According to Sky News, the shopping…
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29 November
Consumer confidence ‘flatlines’ in November, claims GfK
GfK’s Consumer Confidence Index has revealed a ‘flatline’ in consumer confidence. Consumer confidence in November was ranked at -14, the…
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29 November
Heal’s announces Chiswick Outlet store
Furniture retailer, Heal’s has announced the opening of its new outlet store, opening on Chiswick High Street next week. The…
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29 November
‘Please respect shopworkers’, says USDAW
The trade union leader of Usdaw has urged shoppers to “keep their cool” this Black Friday. The Union of Shop,…
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28 November
Dragons’ Den star Peter Jones kicks off Jessops sales talks
Dragon’s Den star Peter Jones has begun talks with potential buyers for embattled camera retailer Jessops, reports have claimed. Sky…
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28 November
M&S hires former Arcadia exec as head of brand creative
Marks and Spencer has appointed Anthony Cassidy as its new head of brand creative. Cassidyy joins from Arcadia, where he…
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28 November
Primark owner could face shareholder opposition to new bonus scheme
Fashion retailer Primark could face a shareholder revolt next week, after a new bonus scheme could see CEO George Weston…
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