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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Sep- 2018 -11 September
Debenhams releases statement amid closure rumours to calm investors
Debenhams has released an official statement in response to rumours it was preparing to shutter stores and enter a CVA…
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11 September
Amazon Prime users set to more than double in the next decade
Analysts predict the number of Amazon Prime subscribers will more than double in the next decade rising from 101 million…
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10 September
Summer weather drives GDP and retail growth
The joint hottest summer ever and the World Cup helped the UK experience both GDP and retail growth. The Office…
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10 September
August footfall down 1.6% despite some retail park growth
Retail footfall dropped by 1.6% in August despite seeing rare retail park growth in the East and South West of…
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10 September
Asda axes price guarantee
Asda has announced it is to abandon its price guarantee, which saw shoppers refunded the difference if a competitor sold…
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10 September
CVA and closure rumours loom as Debenhams appoints KPMG
Debenhams has reportedly appointed audit advisors KPMG to explore restructuring plans, prompting rumours of stores closures and a CVA. The…
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7 September
August high street sales one of ‘worst on record’ as shoppers steer clear
August high street sales have been described as “one of the worst on record” by accountancy and business advisory firm…
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7 September
Wilko appoints Neil Feakins as customer insight and data director
Homeware retailer Wilko has appointed Neil Feakins as as its new customer insight and data director. Feakins has expertise in…
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7 September
Booksellers Association tells Amazon to ‘pay a proper share of taxation’
The Booksellers Association (BA) has called for Amazon and other online retailers to be given a taxation overhaul, after it…
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7 September
Argos launches UK-first Google voice shopping service
Argos has become the first company in the UK to offer a voice shopping service for customers that use Google…
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