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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Jan- 2019 -21 January
Chapelle enters administration
Jewellery and watch retailer Chapelle has entered into administration, four years after it was sold to HMV owners Hilco UK.…
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21 January
ONS reports retail growth ‘slowdown’
The Office for National Statistics (ONS) has announced a “slowdown” in retail growth for the whole of 2018 which it…
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21 January
Mike Ashley among bidders eyeing HMV
According to reports, Sports Direct owner Mike Ashley is among bidders seeking to purchase HMV, which recently announced its second…
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21 January
Vans and North Face owner raises FY forecasts amid revenue boost
VF Corporation (VFC), Vans and The North Face owner, has reported a Q3 4% total revenue growth in its EMEA…
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21 January
Retail job losses to increase by 27,000, analysis suggests
Online retailers are having a “profound effect” on the commercial property market as the value in retail property is set…
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18 January
Moodys lowers Debenhams and New Look ratings
Financial services firm Moodys has changed the outlook for both New Look and Debenhams from stable to negative amid both…
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18 January
John Lewis & Partners announce management shake-up
John Lewis & Partners has announced that Dino Rocos, partner and operations director, will retire at the end of May…
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18 January
New Look’s Belgium outfit files for insolvency
The board of New Look Retail Group has announced its Belgium arm (NLB) has filed for insolvency following a review…
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17 January
StubHub reprimanded over rescheduling refunds
Online ticket retailer, StubHub has been reprimanded by the Advertising Standards Authority (ASA), after it had advertised that “every order…
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17 January
Game reports Christmas sales growth amid ‘challenging trading climate’
Video game retailer Game has reported a 2% increase in life-for-like sales (LFL) for the seven week Christmas trading period…
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