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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Oct- 2019 -21 October
Sports Direct acquires Brookfield Shopping Park for £25m
Sports Direct has acquired Brookfield Shopping Park, a 93,000 sq ft Shopping Park in Cheshunt, Hertfordshire for £25.4m. According to…
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21 October
The Entertainer reports 29% increase in profits to £14.7m
Toy retailer The Entertainer has defied the high-street gloom and reported a 29% increase in pre-tax profits to £14.7m. According…
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21 October
Matalan strike suspended after bosses offer new pay deal
A long-running Matalan strike has been called off after bosses made GMB members a new pay offer. More than 500…
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21 October
Bonmarché enters administration putting 2,900 jobs at risk
Womenswear retailer Bonmarché has entered administration, resulting in around 2,900 jobs being placed at risk including 200 at its head…
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18 October
M&S to open 60,000 sq ft store in Nottingham near year
Marks and Spencer will open a new 60,000 sq ft store at British Land’s Giltbrook Retail Park, Nottingham, in the…
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18 October
Walmart offloads Asda pensions amid IPO plans
Asda owner Walmart has reportedly struck a deal to offload £3.8bn worth of pension liabilities as it eyes a potential…
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18 October
Retail footfall plummets as autumn begins
Footfall in non-food stores fell by 9.9% year-on-year in September, according to the Retail Traffic Index published by Ipsos Retail…
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18 October
Throwaway Halloween costumes to produce 2,000 tonnes of plastic waste
An estimated 2,000 tonnes of plastic waste will be generated from throwaway Halloween clothing and accessories, sold by leading retailers…
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17 October
Asda denies claims that it will fire staff for not signing new contract
‘Big Four’ grocer Asda has hit back at claims that it will lay off staff for failing to sign a…
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17 October
UK shoppers wasting £641m a year not returning unwanted goods
As much as £641m is being wasted each year from shoppers buying online goods they don’t want and failing to…
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