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 -8 May
Wee Carpet Shoppe ad goes viral
A homemade advert starring a four-year-old girl promoting her grandad’s carpet store, the Wee Carpet Shoppe in Fife, Scotland, has…
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8 May
Lidl scolded by ASA after Morrisons complains
Lidl has been scolded by the ASA after Morrisons complained about a price comparison advert which it claimed was not…
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8 May
Select set to fall into administration
Struggling fashion retailer Select is set to enter administration within the next 48 hours putting potentially 2,000 jobs at risk…
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8 May
Retail sales ‘below expectation’ in April
Retail sales fell below expectations in April, despite a total sales increase of 4.1% against the decrease of 3.1% the…
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8 May
Bonmarche rejects Philip Day takeover bid
The directors of fashion chain Bonmarche have asked its shareholders to “unanimously” reject a takeover bid by Spectre Holdings –…
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7 May
Burberry to scrap new Leeds factory
Fashion label, Burberry has announced it is to scrap its plans for a major factory in Leeds as it looks…
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7 May
Walmart mulls Asda sale following failed merger
Asda’s parent company Walmart is considering selling the ‘Big Four’ Grocer after its failed merger with Sainsbury’s was announced last…
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7 May
New Look reduces debts by £1bn
Fashion retailer New Look has announced it has reduced existing long term debt by £1bn to £350m, as part of…
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7 May
Debenhams to ask for 50% cut in business rates bills
Embattled department store Debenhams has reportedly planning to ask 30 local authorities to accept a 50% reduction in its business…
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3 May
The North Face announces new VP sales in EMEA
Jeremie Blondel has joined The North Face as VP sales for the EMEA region, based out of its European HQ…
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