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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Feb- 2018 -12 February
Tesco budget store launch rumoured ‘to take on Aldi and Lidl’
Tesco is rumoured to be working on a secret plan to launch a new budget supermarket brand, reports suggest.According to…
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12 February
Game to open ‘e-sport arenas’ within Sports Direct stores
Video game retailer Game has announced plans to open e-sports ‘gaming arenas’ and concessions within Sports Direct stores. The Belong…
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12 February
Aldi reclaims title of ‘nation’s favourite supermarket’ in satisfaction survey
Aldi has been rated the nation’s favourite in-store supermarket in Which?’s annual best and worst supermarket satisfaction survey. Customers were…
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12 February
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to…
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9 February
HMV owner eyes the purchase of Toys R Us
The downfall of Toys R Us could be delayed as HMV owner Hilco Capital sets its sights on the toy…
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9 February
UK high street sees ‘glacial growth’ in January
In the month of January, total like-for-like sales were up by 0.6% compared to 0.1% for the same month last…
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9 February
Levi’s reports ‘strongest revenue year for more than a decade’
Levi Strauss & Co has announced its ‘strongest revenue year for more than a decade’, in its report for the…
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9 February
New Look MD steps down following profit loss
The managing director of fashion retailer New Look has departed the company after five years in the position. This follows…
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9 February
Asda launches £20 million partnership to help one million people out of food poverty
Supermarket giant Asda has announced a new partnership with two food redistribution charities, which could help around one million people…
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8 February
Organic produce sector worth more than £2.2bn
The UK organic market is not worth more than £2.2bn, growing 6% in 2017, according to a new report. The…
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