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 -11 March
Liam Gallagher’s Pretty Green calls in advisors
Liam Gallagher’s Pretty Green fashion brand has called in advisors Moorfields Advisory to oversee a strategic review of the company’s…
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11 March
Debenhams in talks to secure £150m lifeline
Embattled department store Debenhams has confirmed it is in “advanced negotiations” to secure £150m funding from its lenders just a…
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8 March
Primark to move 220 roles to Dublin
Primark has announced it will be moving its product operations from Reading to Dublin with 220 staff being told they…
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8 March
Waitrose to close five stores affecting 440 jobs
Waitrose has announced it is to close five stores affecting 440 jobs, following a 45% decline in annual profit at…
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8 March
Mike Ashley moves to take control of Debenhams
Mike Ashley has announced plans to remove all the directors at Debenhams, except Rachel Osborne who was appointed in September,…
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8 March
Worst February in a decade for retailers, says BDO
High street retailers suffered the worst February in a decade for in-store sales, according to figures from BDO’s latest High…
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7 March
LK Bennett enters administration
High-end fashion retailer, LK Bennett has announced it has entered administration. The retailer had lined up administrators EY to undertake…
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7 March
John Lewis profits fall to £160m
John Lewis has slashed its employees’ annual bonus to 3% as the department store recorded a 45.4% drop in underlying…
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7 March
Quiz shares plunge following sales ‘shortfall’
Quiz, the omni‐channel fashion brand, has seen its shares plummet after it announced it will launch a “thorough review” of…
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7 March
Year-on-year decline in number of retailers using Amazon
The use of third-party platforms such as Amazon, eBay and Google has dropped amongst the UK’s top 250 retailers, according…
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