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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Jul- 2018 -27 July
Amazon announces ‘record breaking’ profits for Q2
Amazon has announced that during its second quarter ending June 30, 2018, its net sales increased by almost 40% to…
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27 July
House of Fraser CVA delayed by landlords
House of Fraser’s planned company voluntary agreement (CVA) has been delayed by landlords who have launched legal action, with representatives…
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26 July
Fifth of UK retailers plan to axe jobs in the next three months
New research has found that almost a fifth of UK retailers are planning to cut staff in the next three…
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26 July
Intu issues rental growth warning, CEO to leave
Intu Properties has warned of lower rental income growth for the full year and also announced that CEO David Fischel…
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26 July
Retail hours worked drops ‘sharply’ in second quarter
The number of hours worked in the retail industry dropped by an average of 2.8% in the three months to…
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26 July
Omnichannel experience ‘key to survival of high street’, shoppers say
Over 52% of shoppers in the UK believe that retailers need to offer a more seamless experience between online and…
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25 July
Food supply chains ‘in danger’ under Brexit
The British Retail Consortium (BRC) has warned about the potential for damaging consequences for UK consumers and EU producers if…
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25 July
BRC welcomes ‘much needed’ review into card-acquiring services
The British Retail Consortium (BRC) has welcomed news that the Payment Systems Regulator (PSR) will carry out a market review…
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25 July
Number of retail staff working nights doubles
New research has found that the number of retail staff working regular night shifts has increased by 50%. The research…
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25 July
Young people believe AI will find better gifts than them
Nearly half of young people think artificial intelligence (AI) will be better than them when choosing a gift for a…
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