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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Aug- 2018 -13 August
Household spending drops 0.9% in July
Household spending dropped 0.9% in July due to “disappointing growth” in real earnings, according to Visas’ UK Consumer Spending Index.…
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13 August
Amazon told to clarify ‘one-day’ delivery claims
The Advertising Standards Authority (ASA) has told Amazon to clarify its ‘one-day’ delivery claims for Prime customers, after the regulatory…
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13 August
Ex-BHS staff to receive pension payouts
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has completed a full pension insurance buyout of…
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10 August
Arcadia terminates contract with Chinese partner Shangpin
Philip Green, owner of the Arcadia retail empire, has scrapped an expansion deal with Chinese franchise partner, Shangpin, that would…
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10 August
Superdrug brings HIV tests to the high street in UK first
HIV tests are available to purchase on the UK high street for the first time as health and beauty retailer…
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10 August
Sports Direct saves House of Fraser in £90m eleventh-hour deal
Sports Direct has agreed to acquire House of Fraser for £90m in a deal that came just minutes after the…
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10 August
Irish retail family in talks to save Poundworld
Poundworld could be saved in a last minute rescue as an Irish retail family is in talks with its administrators…
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10 August
House of Fraser site offline as administration threatens 17,500 jobs
House of Fraser has appointed administrators after talks with investors and creditors were “not concluded in a solvent solution”. The…
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9 August
House of Fraser sets new deadline to secure funds
House of Fraser has set itself a new deadline to secure funding to avoid collapse. In a statement to the…
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9 August
ScS growth edges up in ‘encouraging’ results
ScS has announced it is trading “in line with its expectations for the year” despite concerns it may have been…
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