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 -20 September
Poundland to open in 20 former Poundworld locations
Poundland is finalising plans to open stores in up to 20 large former Poundworld locations and has offered all former…
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20 September
Online retail sales stay steady; mobile growth hits ‘all time low’
UK online retail sales held steady this August, as shopper spending reached 12.8% growth year-on-year (YoY) according to the latest…
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19 September
Orla Kiely ceases trading as parent company enters administration
Eponymous handbag and homeware retailer Orla Kiely has ceased trading as of Monday 17 September 2018. Its parent company Kiely…
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19 September
Tesco launches new discount brand ‘Jack’s’
Tesco has officially launched its new discount brand ‘Jack’s’ inspired by and named after Tesco founder, Jack Cohen. The launch…
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19 September
B&Q owner Kingfisher sees 15% profit slump with H1 results
Kingfisher, which owns DIY retailers B&Q and Screwfix, has reported a 14.8% drop in H1 pre-tax profits, dragged down by…
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19 September
CMA refers Sainsbury’s-Asda merger for further investigation
The Competition and Markets Authority (CMA) has announced the proposed merger of Sainsbury’s and Asda is to be referred for…
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19 September
Waitrose & Partners trials two-hour ‘rapid delivery’ service
Waitrose and Partners has launched the trial of a two-hour delivery service in selected London postcodes today (19 September). The…
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18 September
Former BHS owner warned not to ‘rewrite history’ in court
Dominic Chappell, the former owner of collapsed retailer BHS, has been warned against making a “cynical attempt to rewrite history”…
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18 September
H&M posts 9% sales increase
H&M’s group sales have increased by 9% according to the fashion chain’s Q3 financial update. Performance exceeded analysts’ expectations, resulting…
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17 September
Sports Direct denies Mike Ashley will block Debenhams’ Magasin du Nord sale
Sports Direct has denied the claims which emerged over the weekend that Mike Ashley will attempt to block a sale…
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