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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Apr- 2018 -19 April
Store closure fears loom as House of Fraser appoints advisors
House of Fraser has appointed KPMG to advise the company on a restructuring plan, raising speculation that a number of…
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19 April
Woman charged £930 for 11p Banana in Asda online typo disaster
Asda has apologised after a woman attempted to buy a banana for sale on it’s online shop priced at £930.11…
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19 April
Debenhams profits plummet by 84%
Debenhams has announced that its pre-tax profits fell by 84% to £13.5m after the ‘Beast from the East’ temporarily closed…
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19 April
Amazon and Not on the High Street condemned by MPs for mis-selling faux fur
Online retailers Amazon and Not on the High Street have been told they must do more to stop the sale…
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19 April
Mothercare chairman announces retirement
Mothercare, retailer for parents and young children, has announced that Alan Parker has retired from his position as non-executive chairman.…
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18 April
Wish.com reprimanded for penis advert on video games aimed at children
Online retailer Wish.com has been displaying an advert showing an animation of a cartoon penis being put in an extender…
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18 April
Retailers miss out on £18k a year through ‘surf and turf’ shopping trend
New research by Barclaycard has revealed that UK shoppers each abandon an online basket worth an average of £29.37 every…
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18 April
Hammerson abandons £3.4bn takeover of Intu
Shopping centre owner Hammerson has revealed it has reversed its decision to buy its rival Intu for £3.4bn. The owner…
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17 April
450 jobs at risk as Marks and Spencer close Hardwick facility
Marks and Spencer’s Hardwick distribution centre is set to close in September as part of a plan to transform the…
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17 April
Amazon forced to remove children’s ‘enjoy cocaine’ clothing range
Amazon have been forced to withdraw controversial baby and children’s clothes adorned with the slogan ‘enjoy cocaine’. The clothes were…
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