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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Nov- 2019 -26 November
Sports Direct International set to rebrand as Frasers Group
Sports Direct International is set to change its name to Frasers Group, the parent company of Sports Direct has revealed. …
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26 November
Topps Tiles warns of ‘heightened economic uncertainty’ as sales slump
Topps Tiles has reported a 7.2% decrease in like-for-like revenues for the first eight weeks of its new financial year,…
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26 November
Pets at Home reveals ‘strong’ first half results
Pets at Home has reported a “strong” first half in the 28 weeks to 10 October, resulting in a pre-tax…
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26 November
Black Friday offers ‘few genuine discounts’, claims Which?
Nearly all Black Friday deals were either cheaper or available at the same price at other times of the year,…
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25 November
Clarks calls in advisors to review business
Shoe retailer Clarks has called in management consulting firm McKinsey & Co to review its business. A spokesperson told Retail…
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25 November
Louis Vuitton buys Tiffany for $16bn
Louis Vuitton (LVMH) has announced a “definitive” agreement with Tiffany and Co., whereby it will acquire the luxury jewellers for…
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25 November
Intu sells Sprucefield Retail Park in £40m deal to NewRiver
Shopping centre owner Intu has announced the sale of its Sprucefield Retail Park to real estate investment trust NewRiver in…
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25 November
M&S appoints CEO of Tesco’s F&F clothing as new managing director
Marks and Spencer has appointed current CEO of F&F Clothing, Tesco, Richard Price as managing director of clothing and home.…
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22 November
Hays Travel creates 1,500 new jobs following Thomas Cook acquisition
Independent travel agent, Hays Travel, has announced a further 1,500 new jobs and apprenticeships following its acquisition of Thomas Cook…
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22 November
Skopes receives £6m investment to fund 15-store expansion drive
Leeds-based menswear retailer, Skopes, is set to “significantly expand” its national high street presence with 15 new stores, after securing…
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