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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Apr- 2019 -17 April
Arket launches recycling scheme for ‘unwanted’ clothes and shoes
Fashion retailer Arket has announced a new recycling scheme for unwanted clothes and shoes, due to launch at the end…
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17 April
Shopping centre landlords offer free space to retailers
Revo, the organisation that represents the retail community, has launched a new competition to give budding retail entrepreneurs free space…
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17 April
Over 100 Whitbread jobs face axe following Costa sale
Around 100 jobs are expected to be cut at the head office of Whitbread following the sale of Costa Coffee…
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16 April
Card Factory profits fall as footfall hits LFL sales
Card Factory has reported in its latest full-year results that profit before tax fell by 8.3% to £66.6m as its…
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16 April
Aquascutum halves HQ workforce
Coat retailer Aquascutum has axed half of its headquarters-based workforce as part of a review of the retailer’s operations. More…
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16 April
Monsoon Accessorize set to close ‘dozens’ of stores
Women’s clothing and accessories retailer Monsoon Accessorize is reportedly preparing to enter a CVA which could see it close dozens…
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16 April
JD Sports reports ‘record’ 15.4% profits jump
Sportswear retailer JD Sports has reported a 15.4% increase in pre-tax profits to £339.9m for the year ending 2 February…
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15 April
Harvey’s scolded over delivery claims
Furniture retailer, Harvey’s has been reprimanded by the Advertising Standards Authority (ASA) over claims of “guaranteed Christmas delivery”. A complainant…
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15 April
Mike Ashley warned over plans for retail ‘oligopoly’
Former Marks and Spencer boss Lord Stuart Rose has warned Mike Ashley over plans for a retail ‘oligopoly’, following his…
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15 April
Debenhams CEO expected to step down
Debenhams CEO Sergio Bucher is expected to step down in the next few days, after lenders took control of the…
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