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 -19 June
Debenhams issues profit warning
Debenhams has issued a warning saying it now expects pre-profits to be “in the range of £35m-£40m” significantly lower than…
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19 June
ASOS to stop selling silk and cashmere in animal welfare policy update
Online retailer ASOS has announced that it will stop the sale of products made with silk, cashmere, angora, feather/down, bone,…
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19 June
CMA reveals Asda-Sainsbury’s merger comments
Industry responses to a Competition and Markets Authority (CMA) consultation on the proposed Asda-Sainsbury’s merger have revealed concerns about higher…
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18 June
Most Brits would use smartphones as shopping tools for augmented reality
The majority of Brits were found to be willing to use their own smartphones for augmented reality (AR) to better…
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18 June
Google and JD.com partner to create ‘frictionless shopping’
Search giant Google and online retailer JD.com have announced a partnership to create “frictionless shopping” experiences. Google, which invested $550m…
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18 June
Bitcoin in retail could ‘bring the internet to a halt’
A new report from the Bank of International Settlements (BIS) in Switzerland has claimed Bitcoin would “bring the internet to…
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18 June
John Lewis pilots buy-back service for unwanted clothing
John Lewis has announced it is to trial an industry-first scheme allowing customers to sell back unwanted clothing to help…
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18 June
Card payments overtake cash for the first time in the UK
Cards have overtaken cash as Britain’s most frequently used method of payment, thanks to the rise in contactless cards. Steve…
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18 June
Calvetron Brands to shut 102 Jacques Vert and Precis concessions
Benjamin Wiles, Trevor Birch and Philip Duffy of Duff & Phelps, joint administrators to Calvetron Brands, have announced they are…
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15 June
Microsoft to take on Amazon in checkout-free showdown
Microsoft is reportedly working on technology to cut out cashiers and checkout queues in shops in the first challenge to…
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