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.
-
May- 2018 -18 May
34 Carluccio’s restaurants to close after it announces CVA
Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary…
Read More » -
18 May
Carpetright to issue shares to raise £60m fund ahead of CVA
Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and…
Read More » -
18 May
Online retail jumps 19% in April
UK online retail sales went from strength to strength in April, up 18.8% year-on-year (YoY) according to the latest figures.…
Read More » -
18 May
CMA shops around for comments on Sainsbury’s Asda merger
The Competition and Markets Authority (CMA) is investigating the merger between Sainsbury’s and Asda, after inviting interested parties to comment…
Read More » -
17 May
House of Fraser landlord anger nullified by stock exchange rules
House of Fraser’s relations with a range of stakeholders worsened today after several landlords expressed anger at proposed rent reductions…
Read More » -
17 May
British Land submits plan for major retail development at Canada Water
Commercial property firm British Land has proposed a masterplan for a 1 million sq ft retail and leisure space at…
Read More » -
17 May
Ocado signs deal with US supermarket Kroger
Online supermarket Ocado has signed a partnership agreement with US grocer Kroger which will see Ocado’s technology used exclusively by…
Read More » -
17 May
Mothercare to shut 50 shops and restore CEO Mark Newton-Jones
Mothercare has announced as part of a Company Voluntary Agreement (CVA) it will shut 50 of its 137 stores with…
Read More » -
16 May
Mystery surrounds ownership of 57,227 UK companies
Around 57,227 British companies are still not complying with new measures brought in to counter fraud and money laundering, according…
Read More » -
16 May
Wickes cuts 100 head office jobs
DIY retailer Wickes is cutting 100 head office jobs due to “mixed” trading conditions and a new structuring plans. The…
Read More »
