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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May- 2018 -9 May
Retail sales ‘fall off a cliff’ in April
Like-for-like sales fell by 4.2% in April, according to the British Retail Consortium’s (BRC) latest BRC-KPMG Retail Sales Monitor. Online…
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9 May
Sainsbury’s singing CEO takes £1.8m from share awards
Sainsbury’s CEO Mike Coupe has snapped up £1.8m in share awards following the company’s merger with Asda. Coupe also sold…
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9 May
Zalando reports strong start to 2018 with revenue up 22%
Online fashion retailer Zalando has reported that in the first quarter of 2018 its revenue increased by 22 % to…
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9 May
The Rolling Stones to launch Selfridges pop-up
Iconic UK rock band The Rolling Stones have announced they will launch a pop-up shopping experience in Selfridges stores across…
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8 May
Asda-Sainsbury’s merger fears voiced by industry bodies
Trade bodies and environmental groups fear the proposed merger of Asda and Sainsbury’s will further squeeze UK food producers and…
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8 May
Sports Direct launches legal action against House of Fraser over CVA disclosures
Mike Ashley, owner of Sports Direct, filed a petition against House of Fraser on Friday (5 May) following the department…
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8 May
Retail M&A grows by 15%
A study by law firm RPC shows retail mergers and acquisitions have grown by 15% over the past year. While…
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8 May
Amazon shareholders seek to dilute Bezos’ power
Amazon shareholders have submitted a shareholder resolution calling on the company to separate the role of CEO and chair of…
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4 May
1,000 jobs at risk after Calvetron enters administration
Over 1,000 jobs are on the line after fashion retailer Calvetron entered administration. The company behind Windsmoor and Jacques Vert…
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4 May
Over 500 jobs threatened as Virgin Media closes call centre
Virgin Media is set to cull over 500 jobs at a Swansea call centre as part of a shake up…
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