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.
-
Aug- 2018 -22 August
Hackers claim to have information of 20,000 Superdrug customers
Superdrug has revealed it has been contacted by hackers claiming to have accessed the details of 20,000 of its customers.…
Read More » -
22 August
Retailers commit to support farmers during drought
The NFU has reached out to the UK’s top nine supermarket retailers to express the difficulties farmers and growers are…
Read More » -
22 August
TK Maxx parent company announces 12% sales increase
The parent company of TK Maxx, TJX, has announced it has seen a 12% increase in net sales for the…
Read More » -
21 August
Online retail spending stutters after England World Cup exit
UK online retail sales slipped to their lowest year-on-year (YoY) growth in 2018 so in July, as consumer spending “slumped”…
Read More » -
21 August
House of Fraser Oxford Street store saved but 627 warehouse jobs still at risk
House of Fraser’s flagship Oxford Street store has been saved from closure by its new owners. The store was due…
Read More » -
21 August
FRC fines KPMG £2.1m for ‘breach of ethical standards’ in Ted Baker audit
The Financial Reporting Council (FRC) has issued a £2.1m fine and “severely reprimanded” KPMG and its partner Michael Francis Barradell,…
Read More » -
21 August
Office Outlet announces CVA proposal
Stationery retailer Office Outlet has announced a company voluntary arrangement (CVA) proposal to restructure its UK store estate as part…
Read More » -
20 August
Amazon ‘aggressive bidders’ for empty Homebase stores
Retail giant Amazon is looking to purchase empty Homebase stores from new owner Hilco in order to help increase its…
Read More » -
20 August
Office Outlet to ask for three-year rent-free period in CVA
Stationery retail chain Office Outlet is expected to make a Company Voluntary Agreement (CVA) announcement today (Monday 18 August) in…
Read More » -
20 August
300 stores ‘could shut’ amid Sainsbury’s Asda merger
The result of the Sainsbury’s Asda merger could see up to 300 stores be forced to close if the merger…
Read More »
