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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Dec- 2018 -7 December
Primark owner warns ‘trading was challenging’ for November
Primark owner, Associated British Foods has warned that trading for November was “challenging” for the clothing retailer. The group’s chairman,…
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7 December
Retailers could lose out on £496m refund as ATM ruling is appealed
In November, the Court of Appeal ruled that ATMs inside and outside of stores should not be assessed for business…
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6 December
Tesco executives acquitted in £250m fraud trial
Chris Bush, former UK managing director, and John Scouler, former UK food commercial director of Tesco have been acquitted of…
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6 December
Ted Baker launches investigation into CEO ‘hugging’ allegations
Fashion retailer Ted Baker has launched an investigation into harassment allegations against its founder and CEO Ray Kelvin, after reports…
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6 December
UK customers to boost retailers with £420 festive spend
New Christmas trading analysis from PwC has suggested UK shoppers are preparing to spend an average of £420 on Christmas…
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6 December
Clas Ohlson to close all UK stores axing 150 jobs
Home retailer, Clas Ohlson has announced it is to close all UK stores as it looks to focus on operations…
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5 December
Boohoo found to be ‘breaking rules around sales promotions’
Online clothing retailer, Boohoo, has been found to have been “breaking rules around sales promotions” by the Advertising Standards Authority…
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5 December
Travis Perkins contemplating future of Wickes brand
Parent company Travis Perkins is contemplating the future of its Wickes brand as it seeks to “simplify its business to…
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5 December
Joules reveals ‘contingency plan’ for a hard Brexit amid strong H1 results
Fashion retailer Joules’ group revenue has increased by 17.6% to £113.1m for the first half 2019 financial year, covering the…
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5 December
Government clarifies details of new business rates relief
The Ministry of Housing, Communities and Local Government (MHCLG) has published guidance on the details of how business rates discounts…
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