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 -9 October
Consumer spending in September dips amid ‘summer hangover’
UK retail sales decreased by 0.2% on a like-for-like compared with September 2017, when it had increased 1.9% from the…
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9 October
H&M invests £15m stake in Klarna
H&M and Klarna have announced they have entered into a £15m global partnership as the Swedish clothing retailer acquires a…
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9 October
G-Star Raw to open new UK stores following Portas appointment
Dutch fashion brand, G-Star Raw, is to open four new UK stores in London, Manchester, Watford and Lakeside following the…
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9 October
Ex-Tesco directors back in court over fraud and profit overstatement
Three former directors of Tesco have been taken back to court for overstating profits and allegations of fraud in 2014.…
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9 October
Ikea fined £100,000 after worker loses part of two fingers
Furniture retailer Ikea has been fined £100,000 after two of an engineer’s fingers were partially amputated during maintenance work on…
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8 October
Tesco to end ‘best before’ dates on fresh produce
Tesco has announced it is to end best before date labels on 116 items as it aims to cut down…
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8 October
B&Q slash 200 management roles to ‘boost shop floor staff numbers’
DIY retailer B&Q has announced proposals to “improve customers’ shopping experience” in stores by moving 1,750 colleagues to shop floor…
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8 October
Quiz issues profit warning leading to 25% share tumble
Clothing retailer Quiz has released a profit warning, five months after announcing a revenue growth of 30%. Shares in Quiz…
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8 October
French Connection considering a potential sale
French Connection has confirmed it is considering the potential sale of the business as it is currently “reviewing all strategic…
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8 October
Footfall continues to fall in September
Footfall continued on its decline in September, according to the Ipsos Retail Performance Weathermap. All regions saw a year-on-year drop…
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