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 -12 October
Karen Millen buys Coast’s UK operations out of administration
Karen Millen has agreed to buy certain parts of the Coastโs UK business out of administration. Under Karen Millen, Coast…
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12 October
Sports Direct acquires HoF Glasgow store in ‘Harrods of the North’ ambition
House of Fraser today (Friday 12 October) vowed to create the โHarrods of the Northโ – after announcing a ยฃ95m…
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11 October
Ikea reports strong growth in retail sales for FY 2018
Flat pack furniture retailer Ikea has reported a 4.7% increase in retail sales to โฌ38.8bn (ยฃ33.9bn) in its full year…
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11 October
WH Smith to close six stores as result of โbusiness reviewโ
WH Smith has announced it will close six stores as it looks to โrestructureโ its high street business, including operational…
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11 October
Leviโs posts double-digit Q3 sales increase
Levi Strauss and Co. has reported a 10% increase in retail sales during the twelve weeks to 26 August, as…
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11 October
ASOS launches voice-activated shopping
ASOS has claimed to be one of the first fashion retailers in the UK to launch on Google Assistant, meaning…
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10 October
Beauty brand Deciem shutters all stores following bizarre Instagram post
Beauty brand Deciem, has closed all its stores until 2019 following an Instagram post by its founder who alleged โalmost…
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10 October
Nasty Gal adverts banned over ‘unhealthily thin’ model
Three TV advertisements for online retailer Nasty Girl have been banned by the Advertising Standards Authority (ASA) for featuring an…
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10 October
Wilko suffers ยฃ65m loss
Homeware retailer Wilko has posted a profit before tax loss of ยฃ65m in its latest financial results to the year…
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10 October
Lidl reprimanded by ASA over โSpecial Offersโ adverts
The Advertising Standards Authority (ASA) has told Lidl one of its ads โmust not appear again in its current formโ,…
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