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 -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 “strategic alliance” in order to offer “even lower prices” and “improve 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 ‘checkout-free’ 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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29 June
Wickes to take on 900 staff from B&Q to meet kitchen and bathroom demand
Wickes has announced that it will take on 900 staff from B&Q to add to its bespoke kitchen and bathroom…
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29 June
Record use of next-day services for online orders in May
The use of next-day and specified-day services for online orders hit record levels in May, accounting for 37% of UK…
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29 June
H&M profits plunge 22% prompting price cuts
H&M has reported a 22% drop in profits before taxation for the first half of the year, with its CEO…
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29 June
Homebase to axe 303 head office jobs
Embattled DIY retailer Homebase will restructure operations at its store support centre in Milton Keynes, resulting in the loss of…
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28 June
London retail properties boost Crown Estate to £329m
The Crown Estate, the Queen’s main source of income, has announced a increase in return to the Treasury of £329.4m,…
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28 June
Head office jobs more likely to face axe than shop floor following national living wage rises
New research has found that those working in head office are more likely to lose their jobs as the result…
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