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 -2 May
Increase in redeveloped units set to ‘reimagine’ retail
The number of units that were structurally changed or redeveloped (demolished, merged, split or converted for another use such as…
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1 May
Company insolvencies reach five-year high
New figures from the Insolvency Service show the first quarter of 2019 had the second highest underlying level of insolvencies…
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1 May
Next sees profits rise following ‘unusually warm’ weather
Next has announced a better than expected profit rise following “unusually warm weather” during the first quarter of 2019. The…
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1 May
The Hut Group acquires natural haircare brand Christophe Robin
The Hut Group (THG), has acquired the luxury natural haircare brand Christophe Robin. Established in Paris in 1999 by its…
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1 May
Failed Asda merger costs Sainsbury’s £46m
Sainsbury’s has incurred costs of £46m over its failed merger with Asda, after the CMA blocked the deal over concerns…
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Apr- 2019 -30 April
Scs appoints new non-exec director
Upholstered furniture and flooring retailer Scs Group has appointed Angela Luger as its new non-executive director, with effect from 16…
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30 April
Sainsbury’s launches UK’s first till-free grocery store
Sainsbury’s has launched the UK’s first till-free grocery store at Holborn Circus. The store has been refurbished to remove the…
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30 April
Clubcard holders to get 50% discount for Tesco’s 100th birthday
Tesco Clubcard holders are set to get a 50% discount on their shopping as part of the supermarket’s 100th birthday.…
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30 April
Consumer confidence remains negative in April
Consumer confidence remained at its level of -13 in April according to GfK’s Consumer Confidence Index. Two measures increased and…
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29 April
Kurt Geiger owner mulls £450m sale to US fashion giants
The private equity firm which owns Kurt Geiger is reportedly mulling over a sale of footwear and accessories retailer to…
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