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 -24 June
Sainsbury’s boss Coupe slammed for £3.9m bonus
Mike Coupe, CEO of supermarket chain Sainsbury’s, has been criticised by shareholders and MP for his £3.9m bonus. The bonus…
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24 June
Game accepts £52m Sports Direct takeover
Video game retailer Game has agreed to Sports Direct’s £52m takeover offer. Prior to the agreement, the retailer’s board said…
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24 June
Pensions Regulator boss to face questions over Arcadia deal
The Pension Regulator (TPR) boss, Charles Counsell is set to appear in front of the Work and Pensions Committee, regarding…
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21 June
Monsoon CVA offers landlords £10m profit share for reduced rents
Monsoon Accessorize has made a CVA proposal to its landlords for reduced rents at more than half of its store…
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21 June
Retail sales slump in May
The quantity bought in May 2019 decreased by 0.5% when compared with the previous month, with a strong decline of…
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21 June
Sainsbury’s unveils UK’s first meat-free butchers
Sainsbury’s has opened the UK’s first meat-free butchers which substitutes meat staples for plant-based alternatives. Launched for World Meat Free…
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21 June
Usdaw to protest at Boohoo AGM
Retail trade union The Union of Shop, Distributive and Allied Workers (Usdaw) is set to protest Boohoo’s AGM today, (21…
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20 June
Dunelm raises profit forecast for second time
Dunelm Group has announced it has continued to see “strong trading” across its business and has decided to raise its…
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20 June
Dixons Carphone shares plunge amid full-year loss
Consumer electronics retailer Dixon Carphone saw profits plunge by up to 28% this morning, after posting full-year losses for the…
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20 June
Online retail sales in May suffer worst growth on record
May continued the 2019 trend of below-average online sales growth, with a marginal 1.9% year-on-year (YoY) increase, according to the…
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