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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Jul- 2019 -29 July
Sports Direct hit with €674m tax bill from Belgian authorities
Shares in sports fashion retailer Sports Direct plummeted by as much as 27% to 166.6p in early trading today, later…
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29 July
Hammerson reports £319.8m loss
Shopping centre owner Hammerson has reported a £319.8m loss during the first six months of the year ending 30 June.…
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29 July
Ocado to create 300 jobs at new customer service hub
Online grocery retailer Ocado has signed a 15-year deal to let the top two floors of The Beam, in Sunderland,…
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29 July
Primark to push for reduction in rent
Fashion brand Primark is pushing for a reduction in rents at stores, after a number of competitors have secured rental…
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26 July
Sports Direct delay results for second time
Sports Direct has again delayed the release of its latest financial results and has asked investors for more time, insisting…
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26 July
Superdry appoints two new board members
Superdry has appointed two new members to its board, with Georgina Harvey and Faisal Galaria taking on the roles from…
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25 July
Retail employment falls 2.3%, 14th consecutive quarter of decline
Retail employment has fallen by 2.3% during the three-month period ending 30 June, marking the 14th consecutive month of decline.…
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25 July
Tesco removes plastic carrier bags from online deliveries
Tesco will stop using carrier bags to deliver groceries from its online business as part of its work to use…
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25 July
CMA launches probe of JD Sports’ acquisition of Footasylum
The Competition and Markets Authority (CMA) has begun its inquiry into JD Sports’ acquisition of footwear retailer, Footasylum. Phase 1…
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24 July
M&S announces latest store closure
Marks and Spencer has revealed its latest store set to close under its restructuring plan. As part of its plan…
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