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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May- 2018 -15 May
ASOS launches same-day delivery in Birmingham
Online fashion retailer ASOS has announced that ASOS Instant, its same day delivery option, is now available in Birmingham. The…
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14 May
Poundworld suspends CVA as US owners receive expressions of interest
TPG Capital, the US owner of Poundworld, has delayed plans of a potential Company Voluntary Agreement (CVA) for the discount…
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14 May
Retail consumer spending sees sharpest drop since 2012
Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell…
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14 May
Northern Ireland suffers most from UK retail struggles
Northern Ireland is suffering the worst of retail’s bad weather, showing a 7.3% drop in footfall and a retail space…
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14 May
Wet start to April dampens retail footfall
Footfall in April decreased by 3.3%, which is a significant decline compared to the 1.6% increase seen the previous year.…
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11 May
Amazon could buy Morrisons amid upbeat results
It has been suggested that Amazon could be buying Morrisons in order to challenge UK supermarkets and the Asda-Sainsbury’s merger,…
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11 May
Superdry’s global revenue surges to £1.6bn
Fashion retailer Superdry global brand revenue surged by 22% to £1.6bn for the 12 months to 28 April. In a…
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11 May
Sainsbury’s and Asda could be forced to sell more than 70 stores
Sainsbury’s and Asda may have to sell at least 73 stores in order for the merger to go ahead according…
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11 May
Smartphone purchases account for 54% of UK retail transactions, study finds
Retail purchases made on smartphones have seen a 66% increase in Q1 of 2018 compared to Q4 2017 according to…
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10 May
House of Fraser £43.9m loss revealed in new document
A document released by House of Fraser’s new owner C.Banner has revealed that the department store suffered a £43.9m loss…
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