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 -21 March
Retailers left waiting for rates discounts as deadline approaches
Businesses in England were promised millions of pounds in support by the chancellor last October but, less than two weeks…
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20 March
Kingfisher boss to depart amid falling profits
DIY retailer Kingfisher has announced its CEO is to step down on the same day it revealed profits for the…
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20 March
Sainsbury’s and Asda pledge £1bn in price cuts
Sainsbury’s and Asda have announced plans to deliver £1bn of lower prices annually by the third year after its proposed…
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20 March
Superdrug launches in-store consultations on breast cancer checks
Superdrug has announced its partnership with charity CoppaFeel! to offer a no touch consultation on how to carry out a…
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20 March
Office Outlet falls into administration
Stationery retailer, Office Outlet, has entered administration putting 1,200 jobs at risk at the retailer formerly known as Staples. The…
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19 March
Asos sales jump 13%
Online retailer Asos has reported a 13% increase in total sales on a reported basis, for the three months ending…
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19 March
Marco Agnolin departs Diesel CEO role
Marco Agnolin has announced he has stepped down as CEO of Diesel after just over a year in the role.…
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19 March
Mahabis appoints Iain Martin as its new CEO
Mahabis, the upmarket footwear retailer, has appointed former Moonpig MD Iain Martin as its new chief executive, taking over from…
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19 March
Bonmarche issues another profit warning
Clothing retailer Bonmarche has warned on its profits after it saw “significantly weaker” trading since the beginning of March. The…
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18 March
Links of London on ‘verge of collapse’
British jewellery brand Links of London is on the verge of collapse, according to reports. The Times said the jeweller,…
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