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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Sep- 2019 -16 September
Council investments in shopping centres to top £1bn
Local councils are set to spend £1bn on buying shopping centres by the end of 2020, in a bid to…
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16 September
Aldi posts ‘record’ full-year results
Supermarket retailer Aldi has reported an 11% increase in sales to £11.3bn for the financial year ending December 2018. The…
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16 September
Clintons calls in KPMG as it mulls over potential sale
Greetings card retailer Clintons has called in advisers from KPMG as its owners explore a potential sale of the business.…
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16 September
Schuh to seek rental reductions
Footwear retailer Schuh has become the latest retailer to ask landlords for rent reductions across its retail estate, after it…
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13 September
A&B Pawnbrokers and Herbert Brown shutters UK stores
Albemarle & Bond Pawnbrokers (A&B Pawnbrokers) and Herbert Brown have shuttered stores across the country, in a sudden move that…
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13 September
Sainsbury’s to halve plastic packaging by 2025
Sainsbury’s has announced a new commitment to reduce plastic packaging by 50% by 2025. This new target includes all branded…
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13 September
M&S partners with infarm to bring urban farming to London stores
M&S Food has announced a new partnership with Infarm – the urban farming platform – to deliver a range of…
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12 September
91% of Sports Direct shareholders re-elect Mike Ashley
Over 90% of Sports Direct’s shareholders have voted in favour of founder Mike Ashley’s re-election as a director of the…
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12 September
John Lewis warns of no-deal Brexit amid £26m loss
John Lewis Partnership has reported a loss of £25.9m for the first half of the year, warning that a no-deal…
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12 September
Morrisons quarterly sales drop for first time since 2016
‘Big Four’ grocer Morrisons has reported a 1.9% drop in like-for-like sales in its Q2 results, compared with the 6.3%…
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