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 -13 April
Sanpower to introduce Chinese brands to Europe through House of Fraser
Sanpower Group has announced a new supply chain programme to introduce premium Chinese brands to the UK, Europe and rest…
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13 April
Hobbycraft appoints Tesco CEO as chairman
Arts and crafts retailer Hobbycraft has has appointed Tesco UK CEO Matt Davies as its new chairman. Davies is currently…
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13 April
American Apparel set for UK relaunch
Retail brand, American Apparel plans to relaunch online in April in the UK. The brand will return with its basics…
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12 April
WHSmith profits dip as high street arm struggles
WHSmith has reported a dip in its profits for the six months ending February 28, as its high street trading…
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12 April
Mothercare reports drop in Q4 like-for-like sales
Embattled retailer Mothercare has revealed its UK like-for-like sales declined by 2.8% in the group’s Q4 results. However, online sales…
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12 April
Carpetright to close nearly a quarter of stores, affecting 300 jobs
Carpetright is preparing to close nearly a quarter of its 300 stores in a restructuring plan as it struggles to…
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12 April
Rise in profits for Central England Co-operative despite “challenging trading environment”
Central England Co-operative has announced its year end results, to 27 January 2018. Gross sales and operating profit were up…
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11 April
Shop Direct closes three warehouses, 1,992 jobs affected
Digital retailer Shop Direct has announced that it will be closing three major warehouses across Manchester. The move will impact…
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11 April
Asos enjoys 22% sales growth
Fashion giant Asos has generated retail sales growth of 27% for the six months to 28 February 2018. The UK…
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11 April
Waitrose becomes first retailer to ban disposable coffee cups
Waitrose has announced plans to phase out all disposable coffee cups in its stores by autumn, in a bid to…
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