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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Oct- 2018 -3 October
Amazon bows to pressure, boosts wages for US and UK staff
Amazon has increased the minimum wage for US staff to $15, after founder and CEO Jeff Bezos said he had…
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3 October
Toys R’ Us to rise from the dead
Toys R’ Us is rumoured to be revived after an auction for its brand and rights was cancelled with a…
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3 October
Shop prices rise for second month in row
Shop prices increased for two consecutive months – the first consecutive growth in five years – according to the latest…
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2 October
Debenhams merchandising director leaves amid trouble with insurers
Debenhams merchandising director Adele Calderwood has reportedly stepped down following yesterday’s news that the company’s insurers had pulled out. Calderwood,…
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2 October
M&S launches checkout free ‘Mobile, Pay, Go’ service
Marks and Spencer has launched a new “checkout free” service called ‘Mobile, Pay, Go’ at six London stores ahead of…
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2 October
Sports Direct ousts entire House of Fraser management team
Sports Direct has announced it has dismissed the entire management and executive team of House of Fraser following the department…
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2 October
Government invests £15m into reducing retail food waste
The government has announced a new scheme to reduce the amount of food waste generated in the UK, which is…
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1 October
Aldi to open 130 new stores creating 5,000 new jobs
Discount supermarket retailer Aldi will be opening 130 new stores between 2019 and 2020, creating 5,000 new jobs over the…
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1 October
New West End Company calls for £5bn business rate reduction
The New West End Company, which represents retailers in London’s West End has called for a £5bn reduction in business…
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1 October
Business rates could be changed to help retailers, says Greg Clark
Secretary of state for business Greg Clark has admitted that business rates could be changed in order to help high…
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