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 -12 February
Gucci helps Kering ‘outperform’ sector
Kering has continued to “significantly outperform the sector” as its Gucci brand delivered revenues of £7.27bn. The luxury goods group…
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12 February
More retailers allowing international payments as Brexit looms
Analysis of the UK’s top 250 retailers has found a 19% year-on-year increase in the number of brands offering the…
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12 February
West End retailers face £45m rates hike in April
Retailers located in London’s West End are set to face a £45m rates tax increase in April, according to a…
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12 February
Debenhams secures £40m cash injection
Debenhams has received a £40m cash injection from lenders in order to buy it more time as it looks to…
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11 February
High street vacancies on the rise, retail data shows
The national town centre vacancy rate was 9.9% in January 2019, up from 8.9% a year earlier This is according…
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11 February
Iceland eyeing Sainsbury’s and Asda stores
Iceland is considering a bid for the Sainsbury’s and Asda stores, which were put on the market after the Competition…
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11 February
18,722 retail jobs lost or at risk since Christmas day
Some 18,722 retail staff, 400 every single day, have either been made redundant or have had their jobs threatened since…
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8 February
JD Sports removes advert for Scotland shirt following ‘#everydaysexism’ complaints
Sports retailer, JD Sports, has removed an advert for the football shirt of the Scottish national team following Twitter complaints…
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8 February
Former Aldi boss to head up Boots marketing team
Boots has appointed Adam Zavalis as director of brand and communications, and will join the business on 25 February 2019.…
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8 February
Foot Locker invests $100m in online marketplace Goat.com
Foot Locker has announced it will make a $100m (£77.3m) strategic minority investment in Goat – a managed marketplace for…
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