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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Jun- 2018 -7 June
Joules 18% sales boost defies high street blues
Clothing retailer Joules has announced a rise in revenue for the year up to May 27 of 18% on figures…
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7 June
House of Fraser to shutter 31 stores
Embattled department store chain House of Fraser has announced it is to close 31 stores as part of its CVA…
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6 June
Poundworld buyer pulls out
The future of discount retailer Poundworld has been cast into doubt following Alteri Investors withdrawal from their buyout. Other bidders…
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6 June
Network Rail to restrict plastic use for retail tenants
Network Rail has announced plans to tackle environmental issues in the countryโs biggest and busiest rail stations. The group plans…
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6 June
May consumer spending growth highest since April 2017
In-store consumer spending in May led to an increase of 5.1% in consumer spending, the highest level of growth recorded…
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6 June
Silks ad that โobjectified womenโ banned
A poster advert for Scottish lingerie retailer Silks has been banned by the Advertising Standards Authority (ASA) for โobjectifying womenโ…
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6 June
WHSmith Q3 sales boosted by travel business
WHSmith has posted an uptick in Q3 sales driven by the continued growth of its travel business. In the 13-week…
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5 June
H&M to change clothes sizes following customer complaints
Fashion retailer H&M says its clothes are to become bigger after several customers complained about their small size. One customer…
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5 June
Birminghamโs Selly Oak Shopping Park acquired by investors for ยฃ94m
Selly Oak Shopping Park in Birmingham, home to a Sainsburyโs, Marks & Spencer, Nandoโs and Superdrug, has been sold to…
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5 June
Smaller shopping centres worst hit by closures
Smaller shopping centres were the worst affected by the number of store closures last year, a new study has shown.…
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