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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Jun- 2019 -10 June
New returns policies make 73% of shoppers think twice about buying
Some 73% of consumers have given purchasing from a retailer a second thought for fear of being blacklisted due to…
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10 June
Games Workshop announces bonuses of £5m as profits hit at least £80m
Games Workshop has announced its staff are to receive bonuses totaling £5m, as it expects full-year profit before tax to…
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10 June
Footfall ‘plummets’ in May
Footfall declined by 3.5% in May, compared with the same point last year when it declined by 0.4%, according to…
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10 June
Waterstones’ owner acquires Barnes and Noble in £538m deal
Elliott Management, owner of book retailer Waterstones, has announced the acquisition of US book retailer Barnes and Noble for $683m…
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7 June
Arcadia amends CVA agreement to appease landlords
Retail company Arcadia has amended the rental reductions for the seven company voluntary agreement (CVA), which are needed for the…
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7 June
London Mayor to launch Night Time Enterprise zone
The Mayor of London, Sadiq Khan, has today announced a new programme to boost the capital’s high streets at night.…
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7 June
New Look founder to step down
Following completion of its restructuring transaction announced on 3 May 2019 New Look’s founder, Tom Singh, has decided to retire…
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7 June
Monsoon delays CVA
Monsoon Accessorize is understood to have delayed its company voluntary agreement (CVA) after landlords failed to support Arcadia’s restructuring plans…
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7 June
John Lewis Partnership appoints Sharon White as chairwoman
The John Lewis Partnership has announced the appointment of Sharon White as the group’s sixth chair. She will take up…
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7 June
Boohoo faces Commons pressure over Usdaw meeting refusal
Online fashion retailer Boohoo, is coming under pressure from chairman of the Environmental Audit Committee MP Mary Creagh, as it…
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