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 -19 November
Almost 6000 shops closed by major retailers this year, research finds
British retailing may be in “crisis”, after new figures from the Centre of Retail Research revealed that large high street…
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19 November
Moss Bros poaches Ted Baker’s interim CFO
Moss Bros has announced the appointment of Bill Adams, Ted Baker’s current interim CFO, as its new CFO. Adams will…
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18 November
Conservatives pledge business rates review
The Conservative Party has pledged a business rates review which aims to “reduce the burden” on UK businesses, as part…
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18 November
Mike Ashley to seek turnover rents across Sports Direct Portfolio
Sports Direct owner Mike Ashley is reportedly seeking rent agreements with landlords that will see them linked to store performance.…
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18 November
John Lewis and Waitrose to launch first ever concept store
John Lewis and Waitrose have announced the launch of a new ‘concept’ store, set to open in Southampton later this…
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18 November
Shoenvious launches in the UK
The luxury women’s shoe retailer Shoenvious is set to launch in the UK. The company, which allows customers to design…
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15 November
Carpetright acquired by Meditor
Carpetright has been acquired by its largest investor Meditor Holdings Limited (MHL), in deal which values the retailer at £15.2m.…
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15 November
Boris Johnson pledges to invest in ‘left behind’ communities if Tories win
The Conservative party has proposed to reduce business rates for smaller businesses, in order to support “left-behind” towns, if they…
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15 November
Body Shop profits rise amid ‘remarkable’ UK sales performance
The Body Shop has reported an increase in sales and profits in its third-quarter, due to a “remarkable” performance in…
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15 November
Co-op announces David McKnight as new director
The Co-operative has confirmed the appointment of David McKnight as new managing director of the Federal Retail and Trading Services.…
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