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 -8 February
61% of Brits worried high street will disappear in 10 years
Consumers are worried the high street is going to be lost completely due to the current store closures in the…
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7 February
Superdry reports ‘subdued’ store and online sales
Superdry has reported that store and online sales over the 13 week period ending 26 January were “subdued”. The Japanese-inspired…
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7 February
Ocado warehouse blaze leads to 7% shares drop
A fire which broke out at Ocado’s distribution warehouse in Andover has led to a 7% drop in the company’s…
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7 February
Apple retail boss Angela Ahrendts quits
Angela Ahrendts has quit her role as Apple’s head of retail following five years with the technology retailer, and will…
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7 February
Click-and-collect market to grow to £9.8bn by 2023
The UK click-and-collect market is set to rise 45.8% over the next five years to reach £9.8bn by 2023, according…
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6 February
Currys PC World scolded by ASA over 10% off sale
Currys PC World has been reprimanded by the Advertising Standards Authority (ASA) over a “10% off marked price” sale, which…
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6 February
Brighthouse to close 30 stores
Rent-to-own retailer BrightHouse has announced it is to close 30 stores putting up to 350 jobs at risk. The news…
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6 February
Warehouse supplying HoF to shut affecting 280 jobs
A warehouse which supplies deliveries to House of Fraser is set to close later this year, affecting some 280 job…
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6 February
Poundland sells 20,000 engagement rings in a week
Discount retailer, Poundland has announced it has sold 20,000 of its £1 engagement rings within a week of going on…
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5 February
Carpetright CFO to step down as sales fall
Carpetright has reported its like-for-like sales “remained negative” during the 13 week period ending 26 January and also revealed its…
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