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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Feb- 2019 -21 February
Laura Ashley issues fresh profit warning amid sales slump
Fashion and homeware retailer Laura Ashley has said its performance for the 2018 will “fall short of market expectations”, after…
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21 February
Footasylum removes ‘stab-proof vest’ from stores
Footwear retailer, Footasylum has removed a “stab-proof vest” from its shelves after a youth worker suggested it could attract unwanted…
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21 February
UK and Ireland retailers warn of no-deal tariffs
With just 36 days until the UK leaves the EU the leading retail bodies in Ireland, Northern Ireland and the…
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21 February
MPs call for business rates reform to save high street
The housing, communities and local government committee has said “dated policies” and an “unfair tax regime” needed reforming to allow…
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20 February
F Hinds to save Chapelle stores
Family owned retailer F Hinds, which has 116 stores across England & Wales, has reached an agreement to take on…
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20 February
Retailers ‘trying to water down’ bottle deposit scheme
Environmental groups have accused retailers of trying to ignore calls for a catch-all deposit of more than 15p on plastic…
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20 February
Asda reports seventh consecutive quarter of sales growth
Asda has reported a 1% increase in like-for-like sales for the three months to the end of December, its seventh…
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20 February
Sainsbury’s-Asda merger at risk over ‘extensive competition concerns’
The Competitions and Market Authority (CMA) said it has provisionally found “extensive competition concerns” as part of its in-depth investigation…
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20 February
Footfall drops at Intu shopping centres
Footfall at Intu shopping centres have seen a 1.6% decrease according to the group’s full year results for 2018. However,…
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19 February
JD acquires 8% stake in Footasylum
Sportswear retailer JD Sports has acquired an 8% stake in footwear retailer Footasylum. JD said it had purchased the stake…
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