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 -16 July
Arcadia receives challenges on CVAs from US property group
Philip Green’s Arcadia has received a challenge from two legal entities of US property group Vornado, in relation to the…
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15 July
Retail footfall ‘slumps’ in June
Footfall declined by 2.9% in June, attributed to the “exceptional and ongoing disruptive political and economic period”, according to retail…
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15 July
Sports Direct delays FY results amid House of Fraser ‘complexities’
Shares in Mike Ashley’s Sports Direct have fallen by 11% in early trading this morning after it delayed its full-year…
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15 July
Sports Direct increases stake in Game to 84%
Mike Ashley’s Sports Direct has moved a step closer to purchasing video game retailer Game, after it increased its stake…
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12 July
Hobbycraft revenues exceed £100m in full year results
Arts and crafts retailer Hobbycraft has reported a 5.4% increase in total revenue to £177.7m for the year ending 17…
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12 July
Government to go ahead with UK digital services tax
The UK government has announced plans to go ahead with a digital services tax aimed at large tech companies such…
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12 July
Marks and Spencer’s fashion boss departs
Marks and Spencer has announced the departure of Jill McDonald as managing director of clothing and home after two years…
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12 July
Vans to move into former Miss Selfridge flagship site
Footwear brand Vans have signed a leased to takeover the site previously occupied by Miss Selfridge. Located in Oxford Street,…
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11 July
DFS shares fall over ‘Brexit uncertainty’ despite sales growth
Furniture retailer DFS saw shares drop by nearly 4% in early trading today (11 June), despite a 17% increase in…
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11 July
Sainsbury’s to open UK’s first no and low alcohol pub in London
Supermarket chain Sainsbury’s has announced it is opening the UK’s first ever no and low alcohol pub. The Clean Vic…
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