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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Feb- 2019 -14 February
UK inflation hits two-year low in January
The Consumer Prices Index (CPI) 12-month rate fell to 1.8% in January 2019, down from 2.1% in December 2018, according…
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14 February
New equal pay claim lodged against Morrisons
Morrisons could be facing a £100m bill as a law firm has said “thousands of its employees” have brought legal…
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13 February
Dunelm profits and sales jump as it reveals Brexit stockpiling
Furniture and homewares retailer Dunelm has seen its profits and sales jump it its latest half-year results, as it also…
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13 February
Co-op to launch first franchise store scheme
The Co-op has announced plans to develop franchise stores, which will be the first time the 175-year-old supermarket has licensed…
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13 February
Ikea trials furniture leasing
Swedish furniture retailer, Ikea, has announced it has begun trialling an environmentally-friendly leasing scheme in one of its Swiss stores.…
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13 February
Liberty London ‘could be sold for £300m’
The owner of Liberty London has reportedly brought the luxury department store to market for a potential £300m price tag.…
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12 February
Gucci helps Kering ‘outperform’ sector
Kering has continued to “significantly outperform the sector” as its Gucci brand delivered revenues of £7.27bn. The luxury goods group…
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12 February
More retailers allowing international payments as Brexit looms
Analysis of the UK’s top 250 retailers has found a 19% year-on-year increase in the number of brands offering the…
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12 February
West End retailers face £45m rates hike in April
Retailers located in London’s West End are set to face a £45m rates tax increase in April, according to a…
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12 February
Debenhams secures £40m cash injection
Debenhams has received a £40m cash injection from lenders in order to buy it more time as it looks to…
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