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 -3 July
Deloitte hits back at Poundworld founder over rescue bid row
Deloitte has hit back at accusations made by Poundworld founder Chris Edwards over the handling of the companyโs administration. A…
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3 July
Personal information of job applicants leaked in Costa Coffee data breach
The parent company of Costa Coffee, Whitbread, has been the subject of a data breach which has seen personal information…
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3 July
FRC launches investigation into KPMG’s last Conviviality audit
The Financial Reporting Council (FRC) has launched an investigation into the most recent audit by KPMG of the financial statements…
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3 July
ASOS appoints former ITV boss Adam Crozier as new chair
Online fashion retailer ASOS has announced that it has appointed Adam Crozier as its new chair and non-executive director. Crozier…
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2 July
Estate agents join high street casualties as insolvencies rise
Around 153 estate agents have gone insolvent in the last year, up from 148 the year before, according to a…
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2 July
Philip Greenโs company fails to block BHS audit report
The parent company of Philip Greenโs Arcadia retail empire, Taveta Investments, has failed to impose an injunction on the publication…
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2 July
Retail job losses make up almost half of 50,000 lost this year
Almost half of the 50,000 jobs lost in the UK this year have been in the retail sector, new figures…
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2 July
Tesco and Carrefour to form ‘strategic alliance’
Tesco and Carrefour are to form a โstrategic allianceโ in order to offer โeven lower pricesโ and โimprove the quality…
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Jun- 2018 -29 June
Boots shares plunge 10% following Amazon medicine service acquisition
Shares in the parent company of pharmacy chain Boots, Walgreens Boots Alliance, have plummeted by 10% this morning following news…
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29 June
Tesco joins Amazon and Microsoft โcheckout-freeโ war
Tesco has announced it is trialling new till-free technology as it looks to take on Amazon and Microsoft, which have…
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