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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Nov- 2019 -21 November
Burberry introduces 18 week parental leave
Burberry will launch a new global parental leave policy, it was announced today. The new policy will offer all employees…
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20 November
‘Worst ever’ growth for online retail sales in October
Online retail sales has seen its lowest ever growth during the month of October, according to the latest IMRG Capgemini…
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20 November
Hammerson reaches £577m of disposals with £54m St Oswald’s sale
Hammerson has exchanged contracts on the sale of St Oswald’s Retail Park, Gloucester, to a local authority for £54m, taking…
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20 November
Kingfisher sales take a tumble in Q3
Kingfisher, the parent company of B&Q and Screwfix, has announced a poor quarter of sales in its latest trading update.…
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20 November
Arlo & Jacob to open fifth UK store with new London flagship
Arlo and Jacob has revealed plans to open its fifth flagship showroom in Islington, London, set to launch in January…
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19 November
AO World closes Netherlands arm amid losses of £6.2m
AO World has reported an underlying loss of £6.2m compared to £5.4m last year, resulting in the business to pull…
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19 November
Almost 6000 shops closed by major retailers this year, research finds
British retailing may be in “crisis”, after new figures from the Centre of Retail Research revealed that large high street…
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19 November
Moss Bros poaches Ted Baker’s interim CFO
Moss Bros has announced the appointment of Bill Adams, Ted Baker’s current interim CFO, as its new CFO. Adams will…
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18 November
Conservatives pledge business rates review
The Conservative Party has pledged a business rates review which aims to “reduce the burden” on UK businesses, as part…
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18 November
Mike Ashley to seek turnover rents across Sports Direct Portfolio
Sports Direct owner Mike Ashley is reportedly seeking rent agreements with landlords that will see them linked to store performance.…
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