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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Jun- 2019 -27 June
Staff at Sainsbury’s Waltham Point warehouse go on strike
Up to a third of workers at Sainsbury’s largest depot have gone on a 24 hour strike against the company’s…
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27 June
Bathstore goes into administration putting 500 jobs at risk
Bathroom retailer Bathstore has appointed audit and business advisory firm BDO as administrators as the company attempts to be sold…
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26 June
Bonmarche asks shareholders to accept Philip Day offer
The board of embattled womenswear retailer Bonmarché has reversed its opposition to Edinburgh Woollen Mill owner Philip Day’s £5.7m offer…
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26 June
Cash Converters acquires 28 pawn books from The Money Shop
Second hand retailer, Cash Converters, has acquired pawnbroking loan books from The Money Shop, after the instant cash loan company…
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26 June
Gear4music swings to almost £600K loss despite sales spike
Music equipment and instrument retailer Gear4music has posted losses before tax of £600,000 for the 13 months ended 31 March…
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26 June
New shopping centre to open in old Eurostar terminal
Commercial developer London and Continental Railways (LCR), has announced plans to open a new shopping centre, Waterloo.London based in a…
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25 June
EWM income rises after acquisitions
Retailer Edinburgh Woollen Mill (EWM) has announced a significant increase in revenue to £936m for the 18-month period to August…
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25 June
Carpetright restructure bears fruit amid return to sales growth
Carpetright has reported its business turnaround is “on track” amid an “encouraging return to positive like-for-like sales growth”. The carpet…
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25 June
New Look reports £522m loss amid cost saving efforts
Fashion retailer New Look has reported a statutory loss before tax of £522.2m in its full year results for the…
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25 June
UK grocery market sees ‘modest’ growth despite wet start to summer
The latest grocery market share figures, published by research, data and insight consultancy company Kantar, show supermarket sales grew by…
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