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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Sep- 2019 -23 September
Bailiffs visit 310 premises a day over business rates, study finds
Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation…
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23 September
Thomas Cook shutters 600 retail stores amid company collapse
British tour operator Thomas Cook has announced that all of the companies in its group, including Thomas Cook Airlines, have…
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20 September
Eve Sleep issues profit warning as Simba merger talks end
Mattress retailer Eve Sleep has issued a profit warning, after merger talks with Simba Sleep, first announced on 12 August,…
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20 September
High Court rejects legal challenge against Debenhams CVA
The High Court has rejected the legal challenge against Debenhams proposed CVA, which was funded by Mike Ashley’s Sports Direct.…
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19 September
Next profits boosted by continued online growth in H1
Fashion retailer Next has recorded a 2.7% rise in profits for the 26 weeks to July 2019, aided by a…
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19 September
Hammerson’s Grand Central New Street Mall to receive £2m refurb
Hammerson is planning a £2m upgrade to its Birmingham New Street Mall, as part of a phased project which will…
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19 September
CMA extends inquiry into JD Sports’ acquisition of Footasylum
The Competition and Markets Authority (CMA) has extended its inquiry into JD Sports’ acquisition of Footasylum, with the regulator warning…
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19 September
Retail sales see ‘modest’ growth in August
Retail sales grew by a “modest” 2.9% in August compared with the same month last year, according to the Office…
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18 September
Sports Direct to ‘ignore’ deadline in hunt for new auditor
Sports Direct is still searching for a new auditor, amid reports that it could be forced to consult the government…
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18 September
Kingfisher sales slip in H1 results
DIY retailer Kingfisher has reported a 0.9% decrease in total sales for the six months ended 31 July 2019. Retail…
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