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 -9 July
Costcutter rejects Co-op’s £15m takeover bid
The parent company of Costcutter, Bibby Line, has rejected a £15m bid from the Co-op which would have resulted in…
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9 July
Asda CEO: Hard Brexit could have ‘significant consequences’ for food supply and quality
Asda CEO Roger Burnley has expressed his concerns that a ‘hard’ Brexit could have “significant consequences” for food supply and…
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9 July
Matalan continues strong performance with 4.9% revenue boost
Fashion and homeware retailer Matalan has reported a 4.9% increase in revenue for the 13 weeks ending 26 May 2018.…
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9 July
Mothercare adds 10 store closures to CVA after Childrens World administration
Mothercare has earmarked another 10 stores for closure as part of its CVA bringing the total to 60 stores, after…
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6 July
UK Treasury rejects retailers’ business rates reform calls
The UK Treasury has today rejected calls from retailers who say business rates should be reformed to create a level…
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6 July
Boots owner reacts to Amazon threat with investment in Chinese firm GuoDa
Walgreens Boots Alliance has reacted to a tanking share price in the wake of Amazon’s entry to the pharmacy market…
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6 July
England game could bring additional £860m in grocery sales
Grocery sales could rise by up to 5% ahead of England’s quarter-final match against Sweden on Saturday according to data…
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6 July
Poundworld founder urges ‘moral argument’ after administrators reject rescue bid
A rescue bid offer made by Poundworld founder Chris Edwards has been been rejected by appointed administrators Deloitte, who say…
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6 July
Retail sales fall for fifth consecutive month
Retail sales fell for the fifth month in a row in June, data from BDO’s High Street Sales Tracker has…
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5 July
Retailers win court battle against Mastercard and Visa
The Court of Appeals has ruled in favour of four UK retailers who claimed that card fees charged by Mastercard…
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