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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May- 2019 -31 May
Consumer confidence increases in May
Consumer confidence rose by 3 overall to -10 for the month of May, according to GFK’s Consumer Confidence Index. Four…
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30 May
Microsoft’s flagship store to open on 11 July
International technology and software company Microsoft is set to open its first physical retail store in Oxford Circus, London on…
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30 May
Shop price inflation pushed up by non-food price rises
Shop price inflation increased by 0.8% year-on-year in May, with non-food inflation also increasing by 0.2%, according to the latest…
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30 May
N Brown hires first chief brand officer from Missguided
Jacamo owner, N Brown has announced it has appointed Kenyatte Nelson from Missguided as its first ever chief brand officer.…
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30 May
Tapestry hires new COO from VF Corporation
Tapestry, the New York-based parent company of fashion brands such as Kate Spade, Stuart Weitzman and Coach, has appointed Thomas…
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29 May
UPDATE: Reiss owner denies reports of potential sale
The owner of fashion retailer Reiss has called reports of a potential sale of its majority stake in the business…
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29 May
Boots could close up to 200 stores
Boots owner Walgreen Boots Alliance (WBA) have plans to close up to 200 underperforming stores, according to Sky News. The…
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29 May
Reiss owner mulls sale of majority stake
The US private equity firm Warburg Pincus is reportedly mulling over the sale of its majority state in upmarket fashion…
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29 May
WHSmith ranked worst retailer in Which? Survey
WHSmith has finished bottom of Which?’s annual UK high street shops survey rankings of more than 100 shops, while specialist…
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29 May
MacKenzie Bezos to donate half of her $37bn fortune to charity
MacKenzie Bezos has announced she will donate half of her nearly $37bn (£29bn) fortune to charitable causes. It comes after…
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