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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Aug- 2018 -20 August
House of Fraser woes push Mulberry into £3m loss
Designer fashion brand Mulberry has issued a profit warning following the financial woes of House of Fraser. With the company,…
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17 August
Debenhams to axe 90 jobs
Debenhams has announced it is to cut 90 jobs as part of a restructuring plan to focus the business on…
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17 August
Asda reports fifth consecutive quarter of sales growth
Asda has reported its fifth consecutive quarter of sales growth after it posted a 0.4% increase in like-for-like sales. The…
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17 August
House of Fraser cancels all online orders
Struggling retailer House of Fraser has cancelled all online orders and will refund customers who have not received their products.…
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17 August
Marks and Spencer replaces switchboard staff with AI
Marks and Spencer will be replacing its call centre employees with AI technology, cloud communications platform Twilio has announced. The…
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16 August
Philip Day eyeing House of Fraser stores
Philip Day, the owner of Edinburgh Woollen Mill is reportedly in talks with landlord groups regarding a takeover of several…
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16 August
Online sales and discounts help to boost retail sales
UK retail sales outperformed predictions with an increase of 0.7% in July, recent statistics from the Office for National Statistics…
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16 August
Brits wear clothes once for ‘hashtag moment’ before returning items
Almost one in 10 Brits have bought clothes online to wear once with the aim of posting a photo to…
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16 August
B&Q owner Kingfisher records Q2 revenue boost thanks to warm weather
Kingfisher, the owner of B&Q and Screwfix, has posted a 1.6% increase in revenue during the three months ending 31…
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15 August
Fat Face sales jump up 7.4%
Clothing retailer Fat Face has announced it has seen an overall sales rise of 7.4% to £238.4m in the 52…
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