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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Oct- 2019 -25 October
Robots could take half a million UK retail jobs within the next five years
UK retail is set to lose over half a million jobs to robots, according to the 2019 Harvey Nash/KPMG CIO…
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25 October
Gant CEO to return to Adidas as executive board member
Sports fashion retailer Adidas has appointed Brian Grevy as an executive board member, responsible for global brands. Grevy returns to…
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25 October
Amazon Q3 profits fall 25% amid rising shipping costs
Online retail giant Amazon has reported a 25% fall in Q3 net income to $2.1bn (£1.6bn) despite a 24% increase…
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25 October
Topshop appoints ex-M&S buying director as fashion head
Topshop has appointed former Marks and Spencer buying director, Gillian Ridley Whittle, as its new fashion director. Whittle began her…
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24 October
Shoe Zone revenues up in FY results despite ‘challenging’ second half
Footwear retailer Shoe Zone has reported revenues of £161.9m for the year to 5 October 2019, up from £160.6m in…
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24 October
Sports Direct appoints RSM UK as new auditor
Sports Direct has announced the appointment of RSM UK Group as its new auditor with immediate effect. It ends a…
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24 October
85,000 retail jobs lost in the last year
Third-quarter retail employment fell by 2.8% year-on-year, the equivalent of around 85,000 jobs, marking the 15th consecutive quarter of decline…
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24 October
Debenhams poised to name Mark Gifford as new chairman
Debenhams is reportedly about to name Mark Gifford, former chief financial officer at House of Fraser, as its new chairman.…
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23 October
Nike CEO and president Mark Parker to step down in 2020
Sports fashion retailer Nike has announced that its CEO and president, Mark Parker, will step down next year. He will…
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23 October
Online retail sales drag in September
Online sales grew by a marginal 0.6% year-on-year in September, according to the latest IMRG Capgemini Online Retail Index. The…
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