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.
-
Nov- 2019 -11 November
Lidl eyes 230 new stores by 2023
German discount supermarket chain Lidl is set to increase its rate of expansion by opening 230 new stores in the…
Read More » -
11 November
Clintons could close up to 66 stores
Greeting cards retailer, Clintons, has revealed plans to shut one in five of its UK stores, and is looking to…
Read More » -
11 November
Brexit woes and wet weather dampen October footfall
Retail footfall faced further decline in the month of October, according to new figures from the BRC-Springboard Footfall and Vacancies…
Read More » -
8 November
Mamas and Papas to close six stores as it enters administration
Mamas and Papas has announced job cuts and store closures after it entered administration and sold to Bluegem Capital in…
Read More » -
8 November
Royal Mail seeks injunction to block Christmas postal strike
Royal Mail has confirmed it is seeking a High Court injunction to stop the Communications Workers Union’s (CWU) planned postal…
Read More » -
8 November
Halfords acquires garage chain amid profit plunge
Halfords has announced the acquisition of garage chain McConechy’s Tyre Service after closing a deal worth around £9.3m. The deal,…
Read More » -
8 November
Art Peck steps down as Gap CEO
Gap has announced its chief executive officer Art Peck is to step down from the business effective immediately. Peck, who…
Read More » -
7 November
Ikea UK sales top £2bn in 2019
Furniture retailer Ikea has announced that total annual sales in the UK have soared by 8% to £2.1bn for the…
Read More » -
7 November
Sainsbury’s profits plummet 91% in half-year results
‘Big Four’ grocer Sainsbury’s saw underlying profits slump by £41m to £238m for the six months to 21 September 2019.…
Read More » -
7 November
Superdry reveals revenue drop amid ‘good progress’ in turnaround plan
Superdry has reported an 11% drop in revenues for the first half of the year but its returning chief executive…
Read More »
