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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Dec- 2018 -11 December
Major retailersโ e-receipts โmay break data protection rulesโ
New research has found that major retailers โmay break data protection rulesโ for sending promotional marketing to shoppers who had…
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11 December
Mysale warns of half-year loss
Mysale, the online retailer that both Mike Ashley and Philip Green have a stake in, has warned it expects to…
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11 December
Online non-food spend to top ยฃ75bn by 2023, data suggests
Total online spend is forecast to rise 34.5% over the next five years, reaching over ยฃ75bn by 2023 as consumers…
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11 December
Poundstretcher posts profit decline
Discount retailer Poundstretcher overall profits for the financial year ending 31 March 2018 fell to ยฃ1.7m compared with the previous…
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10 December
Welsh high street retailers to get ยฃ2,500 each in business rate cuts
The Welsh government has announced it is to give retailers ยฃ2,500 each in business rate cuts. Finance secretary, Mark Drakeford…
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10 December
Footfall struggles to keep up in November
Footfall in November fell by 3.2%, a significant decline on the previous year when it grew by 0.2%, according to…
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10 December
Amazon eyes London’s West End for cashierless store
Amazon is planning to open one of its cashierless Amazon Go stores near Oxford Circus in Londonโs West End, its…
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10 December
Mike Ashley’s Flannels given ยฃ125k rates relief despite ยฃ65m turnover
Mike Ashley’s high end fashion chain Flannels has been handed ยฃ125,000 in business rates โhelpโ by a local council amid…
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7 December
Ted Baker CEO and founder in ‘leave of absence’
The chief executive of Ted Baker, who is facing allegations of misconduct, has taken a “leave of absence” from the…
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7 December
Games Workshop defies โhigh street woesโ with strong H1 results
Fantasy miniatures retailer Games Workshop has reported sales of ยฃ124m and operating profits of ยฃ41m for the first six months…
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