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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Nov- 2019 -18 November
Mike Ashley to seek turnover rents across Sports Direct Portfolio
Sports Direct owner Mike Ashley is reportedly seeking rent agreements with landlords that will see them linked to store performance.…
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18 November
John Lewis and Waitrose to launch first ever concept store
John Lewis and Waitrose have announced the launch of a new ‘concept’ store, set to open in Southampton later this…
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18 November
Shoenvious launches in the UK
The luxury women’s shoe retailer Shoenvious is set to launch in the UK. The company, which allows customers to design…
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15 November
Carpetright acquired by Meditor
Carpetright has been acquired by its largest investor Meditor Holdings Limited (MHL), in deal which values the retailer at £15.2m.…
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15 November
Boris Johnson pledges to invest in ‘left behind’ communities if Tories win
The Conservative party has proposed to reduce business rates for smaller businesses, in order to support “left-behind” towns, if they…
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15 November
Body Shop profits rise amid ‘remarkable’ UK sales performance
The Body Shop has reported an increase in sales and profits in its third-quarter, due to a “remarkable” performance in…
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15 November
Co-op announces David McKnight as new director
The Co-operative has confirmed the appointment of David McKnight as new managing director of the Federal Retail and Trading Services.…
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14 November
Nike cuts ties with Amazon amid increased focus on direct-to-consumer
Sports fashion retailer Nike has cut ties with online retail giant Amazon and will no longer sell its products on…
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14 November
UK retail sales fall ‘unexpectedly’ in October
UK retail sales “unexpectedly” decreased by 0.1% in October, according to a report from the Office for National Statistics (ONS).…
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14 November
Burberry profits rise despite Hong Kong protests ‘dampening’ sales
Burberry has posted pre-tax profit of £193m for the half-year to 28 September, despite recent protests in Hong Kong dampening…
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