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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Aug- 2019 -11 August
Amazon launches latest Clicks and Mortar store in Edinburgh
Small Business support network Enterprise Nation, in partnership with Amazon, Square and Direct Line for Business, have opened its third…
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9 August
Gove orders HMRC to support SMEs in the event of no-deal
Ministers including Michael Gove have ordered HM Revenue & Customs (HMRC) to support “cash-strapped” small business in the event of…
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9 August
Farfetch acquires parent company of Virgil Abloh’s Off-White for £556m
Farfetch has acquired the New Guards Group, the parent company of luxury streetwear brand Off-White, in a £556m deal. The…
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8 August
Mixed footfall performance in July
Footfall figures decline by 3.8% in July, compared with the same period last year, according to the latest Retail Traffic…
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8 August
Adidas shares dip despite double-digit growth
Sportswear retailer Adidas saw shares dip by 2.3% in early trading today (8 August), despite the company’s operating profit growing…
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8 August
Intu submits plans for £168m face-lift at Lakeside centre
Shopping centre operator Intu has submitted plans to Thurrock Council for a £168m development of its Lakeside centre. The proposal…
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8 August
Debenhams names new CEO as chairman Duddy steps down
Debenhams has announced the appointment of Stefaan Vansteenkiste as its new CEO and has also revealed its chairman Terry Duddy…
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7 August
Boots to trial in-store interpretation service
Health and beauty retailer Boots is trialing an interpretation service for non-English speaking pharmacy patients, starting in five stores across…
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7 August
Boohoo acquires Karen Millen and Coast putting 1,100 jobs at risk
Online fashion retailer Boohoo has acquired British brands Karen Millen and Coast, which were recently put up for sale by…
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7 August
Victoria’s Secret CMO Ed Razek to step down
Ed Razek, Victoria’s Secret owner L Brands’ chief marketing officer, has resigned from his position within the company. According to…
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