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 -6 March
Findel rejects Sports Direct’s takeover bid
Findelโs board of directors has unanimously rejected Sports Directโs ยฃ139m bid it has, saying the offer โsignificantly undervaluesโ the company.…
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6 March
Holland and Barrett CEO exits
Holland and Barrett CEO Peter Aldis has stepped down after 10 years in the position, amid a leadership shake-up at…
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6 March
Ann Summers seduces former HoF and Game directors
Ann Summers has appointed Gameโs chief marketing officer Natalie Amosu and House of Fraserโs former product and trading director Marian…
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6 March
Jack Wills hit by ยฃ7.5m loss
Fashion retailer Jack Wills suffered an EBITDA loss of ยฃ7.5m for the full year to 28 January 2018 compared with…
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5 March
Sports Direct offers ยฃ139m for Findel
Mike Ashleyโs Sports Direct has announced it has made a ยฃ139m bid for home shopping company, Findel. In a statement…
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5 March
February retail growth hit by โBrexit uncertaintyโ
February retail growth was hit by โBrexit uncertaintyโ according to the BRC as on a total basis, sales increased by…
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5 March
Clarks closes Somerset factory leaving 35 jobless
Shoe retailer Clarks has confirmed the closure of its robot-assisted shoe factory in Street, Somerset, leaving 35 employees without a…
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5 March
Debenhams issues fresh profit warning
The statement Debenhams made in January to say it was on track to deliver profits in line with last yearโs…
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4 March
QVC UK introduces social commerce
Television shopping channel, QVC UK, is introducing social commerce to its offering to create a โdiscovery-led shopping experienceโ. Social commerce…
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4 March
Kate Swann and Paul Geddes in contention for John Lewis chairmanship
Departing Direct Line boss Paul Geddes and former WHSmith CEO Kate Swann are both in the running to succeed Sir…
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