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 -25 March
Pretty Green set to appoint administrators this week
Fashion brand, Pretty Green is set to draft in administrators this week after it filed a notice of intention to…
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25 March
Paperchase CVA proposal approved by creditors
The creditors of stationery retailer Paperchase have approved its proposed company voluntary arrangement (CVA). The retailer originally announced the CVA…
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25 March
Sports Direct slams Debenhams for rejecting £100m offer
Sports Direct has criticised Debenhams for rejecting its offer to acquire its Danish company Magasin Du Nord for £100m. On…
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22 March
Travis Perkins appoints new COO amid plans to simplify business
Building materials retailer, Travis Perkins, has appointed Frank Elkins as its new chief operating officer for the group’s trade merchant…
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22 March
Retail sales bounce back in February
Retail sales have bounced back slightly February 2019, as the quantity bought increased by 0.4% during the month. In the…
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22 March
Crime cost retailers £1.9bn last year
The British Retail Consortium’s (BRC) annual Retail Crime Survey has revealed the total cost of crime and crime prevention for…
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22 March
Debenhams secures £200m lifeline
Embattled department store Debenhams has confirmed it has secured a £200m refinancing lifeline. The funding is expected to “provide liquidity…
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21 March
Carphone Warehouse rebuked over ‘Cyber Monday’ promotion
Carphone Warehouse has been rebuked by the Advertising Standards Authority (ASA) over an iPhone promotion. Four complainants who had attempted…
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21 March
Next sees profits dip as store sales continue to fall
Next has announced a dip in its annual profits as the decline of its physical store sales continues. The…
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21 March
Ted Baker profits plunge 26% in 2018
Fashion retailer Ted Baker has reported a 26.1% drop in pre-tax profit to £50.9m for the year ending 26 January…
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