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 -1 June
Mothercare relegated from FTSE 100
Troubled retailer Mothercare has been relegated from the FTSE 100 following financial woes that have seen it enter a CVA…
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1 June
Over 10,000 stores predicted to close in 2018, analysts say
A new report from the Centre for Retail Research (CRR) has predicted that 2018 will be the worst year on…
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1 June
BHS.com to shut down just two years after relaunch
Online fashion retailer BHS.com has announced it will be shutting down its site following a review by its Qatari based…
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1 June
ASA wants Viagogo adverts blocked as it battles with ticket vendor
The Advertising Standards Authority (ASA) has told search engines including Google and Bing to block all adverts by secondary ticket…
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1 June
Pension Regulator’s Lesley Titcomb to step down
The chief executive of The Pensions Regulator (TPR), Lesley Titcomb, is to step down at the end of her contract…
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May- 2018 -31 May
Poundland spits back at Thameslink after Twitter jibe
Train operator Thameslink and discount retailer Poundland have traded barbs after a disgruntled rail passenger tweeted innocuously about delays. Thameslink…
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31 May
Asda profits plunge 10% due to price cuts aimed to ‘return momentum’
Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed…
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31 May
Ocado enters FTSE 100, M&S narrowly avoids relegation
Ascendant online supermarket delivery service, Ocado, has secured a position in the FTSE 100, while Marks and Spencer narrowly avoided…
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31 May
Card Factory reports ‘robust’ performance
Card and gifts retailer Card Factory has revealed a 3% increase in total group sales in its first-quarter trading update.…
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31 May
TUC, Usdaw launch petition calling for Marks and Spencer transparency
Shopworkers’ trade union Usdaw has joined with the Trades Union Congress (TUC) to launch a petition calling on Marks and…
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