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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Jul- 2019 -23 July
Lego Group to open two new stores this year
The Lego Group is bringing two new stores to Birmingham’s Bull Ring and Southampton West Quay Shopping Centre. The two…
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23 July
McColl’s profits plummet by 91%
Convenience store and newsagents McColl’s has reported a 91% decline in pre-tax profits for the six months to 26 May,…
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22 July
Homebase close to buying out Bathstore
DIY retailer Homebase is reportedly closing in on acquiring bathroom retailer Bathstore, according to The Telegraph. The company entered administration…
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22 July
Philip Day places bid for Jack Wills
Edinburgh Woollen Mill owner Philip Day has put in an initial bid to acquire fashion retailer Jack Wills. It has…
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22 July
Bluegem sells 40% stake in Liberty London
Private equity firm Bluegem has sold its 40% stake in the British brand and flagship department store Liberty London. The…
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22 July
Former Ted Baker boss considering private equity buy-out
Ray Kelvin, founder and former CEO of Ted Baker, is rumoured to be considering a private equity buy-out of the…
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19 July
Microsoft reports Q4 revenues of £26bn despite gaming slump
Microsoft has revealed its total revenues for the fourth quarter jumped 12% to $33.7bn (£26.7bn), despite struggles at its gaming…
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19 July
Waitrose to close seven stores putting 677 jobs at risk
Waitrose and Partners has announced it is to axe seven stores, leaving 677 jobs at risk. The retailer said it…
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19 July
Sainsbury’s to open the UK’s first signing store
Supermarket chain Sainsbury’s is to open the first sign language store in the UK, at a store in Bath, as…
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19 July
Capital and Regional appoints former Debenhams director
Retail property investors Capital and Regional, has appointed former Debenhams director of group property as its new commercial director. Prior…
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