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.
-
Jun- 2018 -27 June
City centres ‘must break reliance’ on retail, says think tank
Too many city centres across England and Wales are over-dependent on retail, and must swap shops for offices, housing and…
Read More » -
27 June
124,000 petition against Sainsbury’s wage contract changes
A 124,000 strong petition supporting Sainsbury’s shop floor staff’s working rights was submitted yesterday to the company’s headquarters by Siobhain…
Read More » -
27 June
One in four companies hit by ‘domino effect’ of another’s insolvency
Some 26% of UK companies have suffered a hit to their finances following the insolvency of a customer, supplier or…
Read More » -
27 June
John Lewis profits could be ‘close to zero’
John Lewis has issued another profit warning and admitted that it expects profits before exceptional items to be “substantially lower”…
Read More » -
27 June
Costa Coffee sales dip 2% in Q1
Coffee chain Costa has reported a fall in like-for-like sales at the start of the year, blaming a lack of…
Read More » -
27 June
‘Serial returners’ cost retailers £7bn a year
New research from Barclaycard has revealed that retail returns made by British shoppers amount to a loss of £7bn a…
Read More » -
26 June
British grocery market sees two years’ consecutive growth
Britain’s grocery sector has grown for two consecutive years, according to the latest grocery market share figures from Kantar Worldpanel…
Read More » -
26 June
Carpetright woes as CVA activity results in £70.5m loss
Carpetright has reported a £70.5m loss before tax as a result of the cost and accounting impacts of the group’s…
Read More » -
26 June
EXCLUSIVE: Mattressman accounts ‘disaster’
Mattressman has revealed that it entered a Company Voluntary Agreement (CVA) due to “inaccurate management accounts”, which led the company…
Read More » -
26 June
Clarks CEO resigns following conduct that ‘fell short’ of company expectations
The CEO of family-owned footwear retailer Clarks has resigned after his “conduct, conversations and expressions fell short” of company expectations.…
Read More »