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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Mar- 2019 -22 March
Retail sales bounce back in February
Retail sales have bounced back slightly February 2019, as the quantity bought increased by 0.4% during the month. In the…
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22 March
Crime cost retailers £1.9bn last year
The British Retail Consortium’s (BRC) annual Retail Crime Survey has revealed the total cost of crime and crime prevention for…
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22 March
Debenhams secures £200m lifeline
Embattled department store Debenhams has confirmed it has secured a £200m refinancing lifeline. The funding is expected to “provide liquidity…
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21 March
Carphone Warehouse rebuked over ‘Cyber Monday’ promotion
Carphone Warehouse has been rebuked by the Advertising Standards Authority (ASA) over an iPhone promotion. Four complainants who had attempted…
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21 March
Next sees profits dip as store sales continue to fall
Next has announced a dip in its annual profits as the decline of its physical store sales continues. The…
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21 March
Ted Baker profits plunge 26% in 2018
Fashion retailer Ted Baker has reported a 26.1% drop in pre-tax profit to £50.9m for the year ending 26 January…
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21 March
Retailers left waiting for rates discounts as deadline approaches
Businesses in England were promised millions of pounds in support by the chancellor last October but, less than two weeks…
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20 March
Kingfisher boss to depart amid falling profits
DIY retailer Kingfisher has announced its CEO is to step down on the same day it revealed profits for the…
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20 March
Sainsbury’s and Asda pledge £1bn in price cuts
Sainsbury’s and Asda have announced plans to deliver £1bn of lower prices annually by the third year after its proposed…
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20 March
Superdrug launches in-store consultations on breast cancer checks
Superdrug has announced its partnership with charity CoppaFeel! to offer a no touch consultation on how to carry out a…
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