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 -7 August
Sports Direct is not a business ‘in crisis’, claims exec
Sports Direct’s head of elevation, Michael Murray, has moved to quash rumours that Sports Direct was in “crisis” in an…
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6 August
Boohoo confirms offer for Karen Millen and Coast
Online retailer Boohoo has confirmed it has made an offer to acquire the online business of British brands Karen Millen…
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6 August
Hammerson appoints new Premium Outlets MD
Shopping centre owner Hammerson has appointed Simon Travis to the role of group investment director managing director of Premium Outlets.…
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6 August
July consumer spending hits record low
UK consumer spending in the month of July fell to a record low despite the good weather, according to the…
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6 August
Sports Direct acquires Jack Wills in pre-pack deal
Mike Ashley’s Sports Direct has acquired fashion retailer Jack Wills from administration, after administrators KPMG accepted the £12.75m offer tabled…
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5 August
Tesco announces 4,500 job cuts across its Metro stores
‘Big Four’ grocer Tesco has announced it is to cut 4,500 jobs from its Metro stores across the UK. The…
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5 August
Mike Ashley to rival Philip Day in Jack Wills takeover bid
Sport Direct owner Mike Ashley and Edinburgh Woollen Mill (EWM) owner Philip Day are the final bidders for fashion retailer…
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5 August
Lovehoney names Sarah Warby as new CEO
Sexual wellbeing brand and online retailer Lovehoney has appointed ex-Sainsbury’s and Heineken marketing director Sarah Warby as its new CEO.…
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5 August
M&S strategy director to lead Ocado Retail following deal completion
Ocado has completed the 50% sale of its Ocado Retail business to Marks and Spencer and has announced the appointment…
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5 August
Asda staff to protest over ‘punitive’ contracts
Workers at Asda are set to protest over new contracts which have been deemed as “punitive” by trade union GMB…
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