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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Feb- 2019 -4 February
Canadian record shop owner ‘enters race’ for HMV
Doug Putman, the owner of Canadian record store chain, Sunrise Records, is said to be interested in purchasing HMV. The…
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4 February
Retail leads the way with female leadership appointments
The retail sector appointed the highest number of women to senior positions in 2018, according to the latest research from…
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4 February
Debenhams to ‘close 20 stores’ in CVA plan
Debenhams could reveal plans to close 20 stores as this week, the embattled department store chain will announce it has…
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1 February
Oddbins falls into administration
Off licence chain Oddbins has fallen into administration with parent company European Food Brokers (EFB) blaming the deterioration of the…
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1 February
Moss Bros eyeing Debenhams interim chair
Fashion retailer, Moss Bros is looking at Debenhams interim chair Terry Duddy to replace its outgoing chair Debbie Hewitt. Duddy,…
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1 February
Amazon shares dip 5% despite record Christmas sales
Online retail giant Amazon has seen its shares drop 5% to $1,635 in early trading, after disappointing investors with a…
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1 February
ScS ends Sofa.com talks paving way for Mike Ashley
ScS has ended its interest in acquiring rival furniture retailer Sofa.com stating it is “no longer in discussions”, leaving Sports…
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1 February
MPs launch business rates inquiry
The Treasury Committee has launched a new inquiry into business rates to scrutinise how government policy has impacted high street…
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Jan- 2019 -31 January
Asda loses equal pay claim battle
The Court of Appeal has upheld the ruling that Asda store staff can compare their roles with those in the…
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31 January
Shop Direct consulting with 225 members of staff over job cuts
Shop Direct, the group which owns online retailers Very and Littlewoods, is in consultation with 225 members of staff over…
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