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 -27 September
New research shows majority of British people will buy local this Christmas
New research into Christmas online shopping has revealed that British people are increasingly buying from home-grown brands. The research, from…
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26 September
eBay enters partnership with first UK city to boost retail
Online marketplace eBay has announced it has entered a 12-month partnership with the city of Wolverhampton to help small retailers…
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26 September
Poundland to remove kitchen knives from stores
Poundland has announced it will have removed all kitchen knives from its 755 UK stores by the end of next…
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26 September
Michael Kors acquires Versace for £1.6bn
Michael Kors has acquired Italian fashion house Versace for £1.6bn, with the deal expected to close in the final quarter…
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26 September
Next CEO issues stark warning over the risks of a no-deal Brexit
Simon Wolfson, CEO of clothing retailer Next, has issued a warning over the the dangers of a no-deal Brexit, and…
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25 September
‘Weak consumer environment’ hits Card Factory profits
Card Factory has announced that a “weak consumer environment” has had a negative impact on pre-tax profits. The gift shop…
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25 September
Three further House of Fraser stores to shutter due to ‘greedy landlords’
House of Fraser has announced it is to close three further stores in Hull, Edinburgh and Swindon, with new owner…
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25 September
Next remains ‘cautious’ despite sales increase
High street retailer Next has posted a sales increase of 4.5% for the half year ending July 2018 but said…
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24 September
Richard Bottomley appointed non-executive director of Sports Direct
Sporting retailer Sports Direct has appointed Richard Bottomley as its new non-executive director, with effect from 1 October 2018. Bottomley…
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24 September
Retail found to have second highest number of underpaid staff
The retail sector was estimated to have the second highest number of staff who were paid less than minimum wage,…
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