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 -3 August
Amazon tax bill halved despite profits increase
Amazon’s UK corporation tax bill was £4.5m in 2017, its lowest bill in five years, despite tripling its pre-tax profits…
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2 August
B&M appoints two female appointments to its board of directors
B&M has has appointed Carolyn Bradley and Tiffany Hall to its board of directors in non-executive roles. B&M announced that…
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2 August
Businesses with over 50 employees asked to publish gender pay results
A report by the business, energy and industrial strategy committee has called on government to ask businesses publish gender pay…
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2 August
Over half of UK businesses braced for revenue drop due to Brexit
Over half of UK businesses believe Brexit will trigger a drop in revenue in 2019 according to new research by…
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2 August
Scotland sees ‘disappointing’ retail sales rise
Scottish government figures have found that retail sales in the country have risen by 0.3% between April and June compared…
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1 August
C.banner pulls out of House of Fraser rescue
C.banner has pulled out its House of Fraser rescue deal worth £150m due to a dive in its share price.…
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1 August
Zara unveils new delivery plans to compete with Asos and Boohoo
Zara has announced new delivery plans in order to compete with Asos and Boohoo, the new plans will see it…
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1 August
Shop prices in July reach lowest deflation in eight months
The non-food items category reached its lowest level of deflation since December 2017, at 1.4% in July, according to new…
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1 August
Next sales grow 2.8% but shares slump
Next’s shares slumped 6% in early trading, despite the retailer reporting sales growth of 2.8% – boosted by the hot…
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1 August
Men in retail more likely to be scrutinised for appearance at work
Men who work in retail jobs are more likely to be scrutinised for their appearance than women, according to new…
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