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 -15 February
Zavvi blasted by ASA over Disneyland prize draw after winners complain
Online retailer entertainment retailer, Zavvi has been told not to run a competition again in “its current form” by the…
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15 February
Puma sees shares dip over sales slowdown warning for 2019
Footwear retailer Puma has seen its shares drop 2.66% in early trading after forecasting a slowdown in sales and profit…
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14 February
Mike Ashley’s business profits tumble
Profits at the holding company that contains Mike Ashley’s business empire plummeted in 2017, attributed to the fall in value…
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14 February
Fragrance Shop to open 15 new ‘Sniffbars’
The Fragrance Shop has announced it is to open 15 new ‘Sniffbars’, which will allow customers to smell a wide…
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14 February
UK inflation hits two-year low in January
The Consumer Prices Index (CPI) 12-month rate fell to 1.8% in January 2019, down from 2.1% in December 2018, according…
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14 February
New equal pay claim lodged against Morrisons
Morrisons could be facing a £100m bill as a law firm has said “thousands of its employees” have brought legal…
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13 February
Dunelm profits and sales jump as it reveals Brexit stockpiling
Furniture and homewares retailer Dunelm has seen its profits and sales jump it its latest half-year results, as it also…
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13 February
Co-op to launch first franchise store scheme
The Co-op has announced plans to develop franchise stores, which will be the first time the 175-year-old supermarket has licensed…
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13 February
Ikea trials furniture leasing
Swedish furniture retailer, Ikea, has announced it has begun trialling an environmentally-friendly leasing scheme in one of its Swiss stores.…
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13 February
Liberty London ‘could be sold for £300m’
The owner of Liberty London has reportedly brought the luxury department store to market for a potential £300m price tag.…
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