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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May- 2019 -1 May
Failed Asda merger costs Sainsbury’s £46m
Sainsbury’s has incurred costs of £46m over its failed merger with Asda, after the CMA blocked the deal over concerns…
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Apr- 2019 -30 April
Scs appoints new non-exec director
Upholstered furniture and flooring retailer Scs Group has appointed Angela Luger as its new non-executive director, with effect from 16…
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30 April
Sainsbury’s launches UK’s first till-free grocery store
Sainsbury’s has launched the UK’s first till-free grocery store at Holborn Circus. The store has been refurbished to remove the…
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30 April
Clubcard holders to get 50% discount for Tesco’s 100th birthday
Tesco Clubcard holders are set to get a 50% discount on their shopping as part of the supermarket’s 100th birthday.…
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30 April
Consumer confidence remains negative in April
Consumer confidence remained at its level of -13 in April according to GfK’s Consumer Confidence Index. Two measures increased and…
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29 April
Kurt Geiger owner mulls £450m sale to US fashion giants
The private equity firm which owns Kurt Geiger is reportedly mulling over a sale of footwear and accessories retailer to…
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29 April
Loewe opens flagship store in London
Spanish fashion retailer, Loewe, has announced it has opened a new flagship store on New Bond Street in London after…
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29 April
Arcadia secures help from HSBC
Arcadia, which is owned by Phillip Green, has secured help from HSBC in order to reassure suppliers as the retailer…
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29 April
Retail rents fall as pressure on sector continues
High street shop prime rents fell by 1% in the first quarter of the year, according to real estate company…
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26 April
Debenhams to close 22 stores with 1,200 jobs at risk
Department store chain, Debenhams has announced it is to close 22 stores putting 1,200 jobs at risk. The closures come…
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