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 -10 May
Named and shamed: Underpaid retail staff among 200,000 to receive £15.6m back pay
HMRC has identified £15.6m in pay owed to more than 200,000 of the UK’s lowest paid workers, following an investigation…
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10 May
Homebase receives bid from former Comet owner
Opcapita, the former owner of Comet has put in a bid of an undisclosed amount for Homebase according to Sky…
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10 May
Next defies gloom with Q1 sales growth
Fashion retailer Next has recovered from its “most challenging year” reporting a Q1 sales increase of 6% compared with last…
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10 May
Morrisons announces strong start to 2018
Supermarket giant Morrisons has reported a strong start to 2018, with like-for-like sales increasing by 3.4% during the 13 weeks…
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9 May
Retail sales ‘fall off a cliff’ in April
Like-for-like sales fell by 4.2% in April, according to the British Retail Consortium’s (BRC) latest BRC-KPMG Retail Sales Monitor. Online…
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9 May
Sainsbury’s singing CEO takes £1.8m from share awards
Sainsbury’s CEO Mike Coupe has snapped up £1.8m in share awards following the company’s merger with Asda. Coupe also sold…
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9 May
Zalando reports strong start to 2018 with revenue up 22%
Online fashion retailer Zalando has reported that in the first quarter of 2018 its revenue increased by 22 % to…
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9 May
The Rolling Stones to launch Selfridges pop-up
Iconic UK rock band The Rolling Stones have announced they will launch a pop-up shopping experience in Selfridges stores across…
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8 May
Asda-Sainsbury’s merger fears voiced by industry bodies
Trade bodies and environmental groups fear the proposed merger of Asda and Sainsbury’s will further squeeze UK food producers and…
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8 May
Sports Direct launches legal action against House of Fraser over CVA disclosures
Mike Ashley, owner of Sports Direct, filed a petition against House of Fraser on Friday (5 May) following the department…
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