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.
-
Nov- 2019 -5 November
Primark profits top £900m in 2019
Fashion retailer Primark has reported an 8% increase in operating profits to £913m, for the year ended 14 September 2019. …
Read More » -
5 November
Topps Tiles CEO to exit
Matt Williams, group CEO of tile retailer Topps Tiles, has announced his decision to step down from the group’s board,…
Read More » -
5 November
Shop Direct appoints ex-Clarks president as new CFO
Shop Direct has appointed former European president of Clarks Shoes, Ben Fletcher, as its new group chief financial officer. He…
Read More » -
4 November
Sir Philip Green in talks with lenders to raise £300m before Christmas
Arcadia owner Sir Philip Green is reportedly in talks with specialist lenders about acquiring a £300m loan before Chritsmas in…
Read More » -
4 November
Clintons in talks over possible CVA
Card and gift retailer Clintons could be eyeing up a potential CVA, after the retailer wrote to landlords last week…
Read More » -
4 November
New flagship River Island store opens in Grosvenor Shopping Northampton
Fashion retailer River Island has opened a new flagship store in Grovesnor Shopping Northampton. The announcement comes from LGIM Real…
Read More » -
4 November
Mothercare to appoint administrators, placing 2,500 jobs at risk
Mothercare has announced that it will appoint administrators, less than 18 months since it launched a CVA. The children’s company,…
Read More » -
1 November
Mike Ashley’s holding company sees profits plunge 80% in 2018
Mike Ashley’s holding company, Mash Holdings, saw pre-tax profits plunge by 80% to £20.9m in 2018, according to recently filed…
Read More » -
1 November
Phillip Day loses £5.7m equity following Bonmarche collapse
Phillip Day has lost his £5.7m equity investment in Bonmarche, following its collapse into administration last month. Spectre Holdings Ltd,…
Read More » -
Oct- 2019 -31 October
Carpetright in talks with largest investor Meditor over potential sale
Carpetright has announced it is in talks with its largest investor Meditor over a potential sale of the business, as…
Read More »
