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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Mar- 2019 -7 March
John Lewis profits fall to £160m
John Lewis has slashed its employees’ annual bonus to 3% as the department store recorded a 45.4% drop in underlying…
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7 March
Quiz shares plunge following sales ‘shortfall’
Quiz, the omni‐channel fashion brand, has seen its shares plummet after it announced it will launch a “thorough review” of…
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7 March
Year-on-year decline in number of retailers using Amazon
The use of third-party platforms such as Amazon, eBay and Google has dropped amongst the UK’s top 250 retailers, according…
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7 March
Smartphone now dominant device for buying online
For the first time, shoppers spent more money through their smartphones when accessing UK retail sites than either of the…
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7 March
Nine in 10 British people shop on Amazon
New research has revealed that almost nine in 10 British people are Amazon shoppers. According to the research by Mintel,…
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6 March
Findel rejects Sports Direct’s takeover bid
Findel’s board of directors has unanimously rejected Sports Direct’s £139m bid it has, saying the offer “significantly undervalues” the company.…
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6 March
Holland and Barrett CEO exits
Holland and Barrett CEO Peter Aldis has stepped down after 10 years in the position, amid a leadership shake-up at…
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6 March
Ann Summers seduces former HoF and Game directors
Ann Summers has appointed Game’s chief marketing officer Natalie Amosu and House of Fraser’s former product and trading director Marian…
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6 March
Jack Wills hit by £7.5m loss
Fashion retailer Jack Wills suffered an EBITDA loss of £7.5m for the full year to 28 January 2018 compared with…
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5 March
Sports Direct offers £139m for Findel
Mike Ashley’s Sports Direct has announced it has made a £139m bid for home shopping company, Findel. In a statement…
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