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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Oct- 2018 -16 October
Claire’s rubbishes ‘false’ CVA rumours
Jewellery and accessories chain Claire’s has denied claims that it is considering the closure of some of its UK stores.…
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16 October
Shop Direct proposes to close standalone clearance operation, 143 jobs at risk
Shop Direct has announced proposals to close its standalone clearance operation, Littlewoods Clearance, which comprises seven UK stores branded ‘The…
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16 October
Footasylum slips to half-year loss
Footwear retailer Footasylum has reported a £4m loss in its half-year financial results for the 26 weeks year ending 25…
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15 October
Shoe Zone defies retail blues to report strong summer performance
Shoe Zone has announced a “strong performance” for the current financial year, seeing its revenue rise by almost 2% for…
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15 October
Superdry issues profit warning amid ‘unseasonably hot weather’ affecting sales
Superdry has issued a profit warning after it said “unseasonably hot weather” had impacted its autumn and winter sales. The…
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15 October
Moonpig launches new Manchester tech hub
UK online cards, gifts and flowers retailer, Moonpig, is opening its first ever ‘Tech Hub’ in Manchester, creating 50 new…
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15 October
Amazon to open fashion pop-up store
Amazon Fashion will be launching its first ever UK pop-up store located on Baker Street London. The pop-up will be…
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12 October
Hamleys reports £12m sales loss amid ‘most challenging year in retail history’
Toy retailer Hamleys has reported a sales loss of £12m for the full year to 31 December 2017. According to…
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12 October
Boots sales fall 3% due to ‘decline in UK pharmacy funding’
Boots has announced a 3.4% fall in sales between June and August 2018 comparison with the same period last year.…
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12 October
Retailers could be forced to publish ethnicity pay gaps
Prime minister Theresa May has announced a series of measures to tackle ethnic disparities in the workplace, which includes the…
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