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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May- 2019 -21 May
Elle to launch childrenswear brand
Clothing retailer, Elle has announced it is to launch a childrenswear brand across all of its European stores in partnership…
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21 May
Halfords sees FY profits drop 17.9%
Halfords has reported a 17.9% drop in annual profits and has warned that โfragileโ consumer confidence means it expects a…
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21 May
WH Smith CEO to step down
WH Smithโs group chief executive, Stephen Clarke has announced he is stepping down from his role on 31 October 2019,…
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20 May
M&S speeds up store closures
Marks and Spencer has announced it is to speed up its store closure plans by two years, as it looks…
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20 May
JD Sportsโ takeover of Footasylum to be investigated by CMA
The CMA has announced it is investigating the completed acquisition by JD Sports of Footasylum. The CMA said it has…
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20 May
Co-op and Superdrug agree meal deal partnership
The Co-op has struck a โmeal dealโ with Superdrug which will see it supply the health and beauty chain with…
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17 May
Amazon invests in Deliveroo
Deliveroo has announced it has received $575m (ยฃ450m) in investment from online retailer, Amazon. The investment makes Amazon the largest…
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17 May
Asda experiences sales dip after failed merger
Asda has seen its sales drop amid an “incredibly challenging backdrop” during which it also saw its Sainsburyโs merger plans…
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17 May
Waitrose & Partners plans to โtrebleโ size of online operations
Waitrose and Partners has announced plans to treble the size of its online grocery operation to a ยฃ1bn business over…
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16 May
Farfetch revenues jump 39% in Q1
Online fashion retailer Farfetch has reported a 39% increase in revenue for the first quarter of 2019 ending 31 March.…
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