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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Nov- 2018 -21 November
87% of Black Friday prices ‘aren’t the cheapest of the year’, says Which?
A year-long investigation by consumers association Which? has found that Black Friday prices “aren’t the cheapest of the year”, and…
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21 November
UK shoppers may spend £234 on average this Black Friday, says PwC
UK consumers are preparing to spend an average of £234 at the tills and online during this year’s Black Friday…
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20 November
UK sales predicted to grow 4% in December
New research predicts that December’s retail sales will reach £47.7bn, growing 4% when compared with last year when sales hit…
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20 November
Victoria’s Secret appoints John Mehas as new CEO
Lingerie retailer Victoria’s Secret has appointed John Mehas as CEO, effective early 2019, replacing Jan Singer who has resigned. Mehas…
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20 November
‘Challenging market’ sees Bonmarché profits fall
Bonmarché has seen its profits fall by 21% for the first half of the year, attributed to “weaker consumer sentiment”…
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20 November
ASOS launches Fit Assistant to help customers find right size
ASOS has announced the global app roll out of its sizing tool, ASOS Fit Assistant, which works to help customers…
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20 November
Twitter recruits man named John Lewis for #NotARetailStore advert
Twitter has launched a Christmas advert featuring a man named John Lewis who is often mistaken for the retailer. Lewis…
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19 November
Nissan chairman arrested over allegations of ‘serious misconduct’
Carmaker Nissan’s chairman Carlos Ghosn has been arrested over allegations of “serious misconduct” and other “significant acts”, including personal use…
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19 November
Evans Cycles to close stores despite ‘almost all profitable’
Evans Cycles is set for store closures despite a recent administrators proposals document by accountancy firm PricewaterhouseCoopers (PwC) claiming “almost…
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19 November
Black Friday footfall expected to drop as shoppers go online
Retail intelligence experts Springboard have forecast that Black Friday and the following weekend will do “very little to help the…
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