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 -18 October
M&S to open 60,000 sq ft store in Nottingham near year
Marks and Spencer will open a new 60,000 sq ft store at British Land’s Giltbrook Retail Park, Nottingham, in the…
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18 October
Walmart offloads Asda pensions amid IPO plans
Asda owner Walmart has reportedly struck a deal to offload £3.8bn worth of pension liabilities as it eyes a potential…
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18 October
Retail footfall plummets as autumn begins
Footfall in non-food stores fell by 9.9% year-on-year in September, according to the Retail Traffic Index published by Ipsos Retail…
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18 October
Throwaway Halloween costumes to produce 2,000 tonnes of plastic waste
An estimated 2,000 tonnes of plastic waste will be generated from throwaway Halloween clothing and accessories, sold by leading retailers…
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17 October
Asda denies claims that it will fire staff for not signing new contract
‘Big Four’ grocer Asda has hit back at claims that it will lay off staff for failing to sign a…
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17 October
UK shoppers wasting £641m a year not returning unwanted goods
As much as £641m is being wasted each year from shoppers buying online goods they don’t want and failing to…
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17 October
M&S CFO Humphrey Singer to depart on 31 December
Marks and Spencer has announced that Humphrey Singer will step down from his role as CFO on 31 December. The…
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17 October
WH Smith to acquire US travel retailer in £312m deal
WH Smith has agreed a deal to acquire US-based travel retailer Marshall Retail Group (MRG) in a £312m deal. WH…
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16 October
Jessops owner preparing to call in administrators
Dragon’s Den star Peter Jones, owner of camera retailer Jessops, is planning to call in administrators in an attempt to…
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16 October
Retail sector could face £137m rates hike next year
September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…
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