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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Sep- 2018 -26 September
Next CEO issues stark warning over the risks of a no-deal Brexit
Simon Wolfson, CEO of clothing retailer Next, has issued a warning over the the dangers of a no-deal Brexit, and…
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25 September
‘Weak consumer environment’ hits Card Factory profits
Card Factory has announced that a “weak consumer environment” has had a negative impact on pre-tax profits. The gift shop…
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25 September
Three further House of Fraser stores to shutter due to ‘greedy landlords’
House of Fraser has announced it is to close three further stores in Hull, Edinburgh and Swindon, with new owner…
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25 September
Next remains ‘cautious’ despite sales increase
High street retailer Next has posted a sales increase of 4.5% for the half year ending July 2018 but said…
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24 September
Richard Bottomley appointed non-executive director of Sports Direct
Sporting retailer Sports Direct has appointed Richard Bottomley as its new non-executive director, with effect from 1 October 2018. Bottomley…
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24 September
Retail found to have second highest number of underpaid staff
The retail sector was estimated to have the second highest number of staff who were paid less than minimum wage,…
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24 September
Co-op replaces single-use plastic bags in 1400 stores
The Co-op has announced it will replace single-use plastic bags with a biodegradable alternative across 1,400 of its stores. The…
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24 September
B&M fined record £480,000 for selling knives to children
Discount retailer B&M Bargains has been fined a record amount of £480,000 after two of its stores were found selling…
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24 September
60% of British people believe the high street will ‘eventually disappear’
New research has found that 60% of British people believe that the high street will “eventually disappear”. The research by…
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21 September
Dominic Chappell loses appeal against BHS conviction
Dominic Chappell, the former director and majority shareholder of the company that bought BHS, has lost his appeal against his…
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