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.
-
Jun- 2019 -26 June
New shopping centre to open in old Eurostar terminal
Commercial developer London and Continental Railways (LCR), has announced plans to open a new shopping centre, Waterloo.London based in a…
Read More » -
25 June
EWM income rises after acquisitions
Retailer Edinburgh Woollen Mill (EWM) has announced a significant increase in revenue to £936m for the 18-month period to August…
Read More » -
25 June
Carpetright restructure bears fruit amid return to sales growth
Carpetright has reported its business turnaround is “on track” amid an “encouraging return to positive like-for-like sales growth”. The carpet…
Read More » -
25 June
New Look reports £522m loss amid cost saving efforts
Fashion retailer New Look has reported a statutory loss before tax of £522.2m in its full year results for the…
Read More » -
25 June
UK grocery market sees ‘modest’ growth despite wet start to summer
The latest grocery market share figures, published by research, data and insight consultancy company Kantar, show supermarket sales grew by…
Read More » -
24 June
Sainsbury’s boss Coupe slammed for £3.9m bonus
Mike Coupe, CEO of supermarket chain Sainsbury’s, has been criticised by shareholders and MP for his £3.9m bonus. The bonus…
Read More » -
24 June
Game accepts £52m Sports Direct takeover
Video game retailer Game has agreed to Sports Direct’s £52m takeover offer. Prior to the agreement, the retailer’s board said…
Read More » -
24 June
Pensions Regulator boss to face questions over Arcadia deal
The Pension Regulator (TPR) boss, Charles Counsell is set to appear in front of the Work and Pensions Committee, regarding…
Read More » -
21 June
Monsoon CVA offers landlords £10m profit share for reduced rents
Monsoon Accessorize has made a CVA proposal to its landlords for reduced rents at more than half of its store…
Read More » -
21 June
Retail sales slump in May
The quantity bought in May 2019 decreased by 0.5% when compared with the previous month, with a strong decline of…
Read More »
