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 -11 April
High street store openings at lowest level in seven years
New high street store openings have fallen to their lowest level since 2010, new research suggests. A report by retail…
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11 April
Hammerson rejects revised £5.04bn proposal from Klépierre
Hammerson’s board of directors has unanimously rejected a revised £5.03bn offer by French retailer Klépierre, on the basis that “it…
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11 April
Tesco defies retail struggles amid ‘year of strong progress’
Tesco has posted a marked increase in its annual profits and called 2017 a “year of strong progress” in its…
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10 April
Card Factory posts £14.6m drop in full-year profits
Card Factory has posted a £14.6m drop in its full-year profits which it has attributed to the weak pound and…
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10 April
Easter retail sales ‘didn’t measure up’: KPMG
Easter retail sales did not “measure up” to expectations, with overall UK retail sales increasing by 1.4% in March from…
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10 April
Iceland to ban palm oil from own-brand products
Frozen food supermarket chain Iceland will stop using palm oil as an ingredient in all of its own label food…
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10 April
Counterfeiting hits nearly half of brands
Almost half (47%) of brands lose sales revenue to counterfeit or pirated goods, new research from brand protection firm MarkMonitor…
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9 April
Mothercare latest to consider CVA store closures
Mothercare is reportedly considering the possibility of closing a third of its stores and reducing its rents through a Company…
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9 April
Dominic Chappell to sue Philip Green
Former British Home Stores (BHS) owner Dominic Chappell said he plans to sue retail magnate Philip Green and contest a…
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9 April
Small firms hit by pension auto-enrolment scheme, claims FSB
Small firms and startups will be “hit the very hardest” by the doubling of auto-enrolment employer pension contributions, according to…
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