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 -2 October
Tesco CEO Dave Lewis to step down next year
Tesco has announced its group CEO Dave Lewis is to step down from his role next year after five years…
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1 October
John Lewis announces wave of senior job cuts
The John Lewis Partnership has announced a wave of senior job cuts as part of a new plan that will…
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1 October
Sainsbury’s Argos CEO to exit
The CEO of Sainsbury’s Argos, John Rogers, has announced he is leaving the business to become the CFO of advertising…
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1 October
FRC to investigate Thomas Cook auditor following collapse
The Financial Reporting Council (FRC) has announced it will be investigating Thomas Cook’s auditor EY, following its collapse last week…
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1 October
JD Sports responds to CMA amid Footasylum probe extension
JD Sports has said it “strongly disagrees” with the Competition and Market Authority (CMA) that its proposed £90m takeover of…
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Sep- 2019 -30 September
Miss Selfridge swings to £17.5m loss in 2018
Fashion retailer Miss Selfridge has reported a £17.5m loss for the year ending 1 September 2018. According to The Guardian,…
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30 September
Former Clarks CEO launches legal battle over misconduct claims
The former CEO of shoe retailer Clarks has launched a legal battle against the company, after he was ousted last…
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30 September
Forever 21 files for bankruptcy, plans to axe up to 350 stores
US fashion retailer Forever 21 has filed for Chapter 11 bankruptcy protection and has announced plans to exit international markets…
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27 September
UK consumer confidence improves in September
GfK’s long-running Consumer Confidence Index increased two points to –12 in September. The index measuring changes in personal finances during…
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27 September
British Land drops Monsoon CVA challenge
British Land has dropped its legal challenge against Monsoon Accessorize’s CVA plans. According to Sky News, The property investment firm,…
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