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 -11 July
Laybuy announces partnership with Alexachung
Laybuy, the buy now, pay later service, has announced the fashion brand Alexachung as its second major UK partner. Laybuy…
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11 July
Amazon to open second Clicks and Mortar store
Amazon is set to open its second Clicks and Mortar store in the UK, at St David’s shopping centre in…
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11 July
Bonmarché to be delisted as second largest shareholder sells up
Fashion retailer Bonmarché is set to become delisted as the company’s second largest shareholder sold its stake, meaning Spectre Holdings…
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10 July
Asda Sainsbury’s merger blocked for 10 years
The Competition and Markets Authority (CMA) has prohibited Asda and Sainsbury’s from working with each other until 29 July 2019…
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10 July
M&S warns it could close more than 110 stores
Marks and Spencer chief executive Steve Rowe admitted to shareholders at its AGM that plans to close 110 of its…
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10 July
Dunelm remains ‘cautious’ as Q4 revenues jump 15%
Homewares retailer Dunelm has reported a 15.4% increase in total like-for-like (LFL) revenue for the 13-week period ended 29 June…
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10 July
Superdry reports annual losses of £85m
Fashion retailer Superdry has announced pre-tax losses of £85.4m for the year to 27 April, compared with the profit of…
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9 July
‘Worst June on record’ for retail sales, says BRC
On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to…
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9 July
Primark founder Arthur Ryan dies aged 83
Budget fashion chain retailer Primark has announced its founder and chairman Arthury Ryan has died at the age of 83,…
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9 July
Online to make up more than 50% of retail sales in 10 years
Online shopping will account for more than 50% of retail sales (up from 19% currently) in the next 10 years…
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