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 -23 October
Intu sees property value drop amid ‘challenging’ period for UK retailers
Shopping centre owner Intu, has revealed its property value has dropped by 3% since the 1 July amid a “period…
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23 October
ASOS appoints new CFO
Online fashion retailer ASOS has announced the appointment of Mathew Dunn to the role of chief financial officer (CFO) and…
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22 October
Debenhams ‘could close a third of its stores’
It is rumoured Debenhams could be closing up to a third of its stores following a series of profit warnings…
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22 October
House of Fraser’s Manchester Kendal store to close
House of Fraser has confirmed the closure of its flagship Kendals department store in Manchester, after rescue talks with landlords…
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22 October
C.Banner considers sale of Hamley’s
C.Banner is said to be considering the sale of Hamley’s a week after it posted a 2016 fall from £1.7m…
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19 October
Westfield London named UK’s top shopping centre
Westfield London has been named the UK’s best performing shopping centre according to new research. The research by GlobalData also…
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19 October
Intu considering John Whitaker’s £2.8bn takeover bid
Shopping centre owner Intu has announced that it is considering a £2.8bn takeover bid from John Whittaker. Whittaker currently owns…
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19 October
Amazon to open new Manchester hub; vows to create 1000 jobs
Amazon has announced plans to open a new corporate office in Manchester in 2019 and increase the capacity of its…
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18 October
Online retail sales growth slumps to lowest level in 2018
UK online retail sales experienced its lowest September growth (+7.5% YoY) since 2014 last month, according to the latest IMRG…
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18 October
Games Workshop warns of ‘coming uncertainties’ leading to 8% share slip
Games Workshop has issued a warning of “coming uncertainties” in the rest of the 2018/19 financial year, shares in the…
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