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 -1 February
2,400 jobs at risk again as Toys R Us UK future back in doubt
Toys R Us UK is again under threat amid reports that its US parent company is seeking a buyer for…
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1 February
JD Sports completes Sport Zone acquisition
JD Sports has announced that it has received unconditional clearance from the European Commission to acquire similar Spanish retailer Sport…
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1 February
Amazon boosts SME exports with a record £2.3bn sales
Online retail giant Amazon has says UK SMEs selling on its Marketplace achieved record export sales of £2.3 billion last…
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Jan- 2018 -31 January
HSBC names Charlie Nunn CEO of retail banking, wealth management
Banking group HSBC has appointmented Charlie Nunn as the new CEO of retail banking and wealth management. Nunn was…
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31 January
H&M to open fewer stores in 2018 after quarterly profit drops 34%
Fashion retailer H&M has announced it will open fewer stores in 2018 after reporting a quarterly drop in profit of…
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31 January
Hundreds of jobs at risk as M&S announces store closures
Marks and Spencer has announced plans to close 14 of its stores this year in a move which will affect…
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31 January
B&Q plans to cut 200 headquarters jobs
DIY retailer B&Q has announced it will cut over 200 roles at its Southampton headquarters. In a statement, the group…
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30 January
Maplin introduces ‘order now, pay later’ scheme
Maplin has introduced a new scheme that allows it customers to spread out the cost over time or even pay…
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30 January
Older shoppers ‘less comfortable’ with e-commerce AI
Less than half of older shoppers are comfortable with the use of artificial intelligence (AI) in the online fashion buying,…
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30 January
House of Fraser Boss wants Theresa May to give ‘clearer Brexit signal’
The billionaire owner of House of Fraser has called on the Prime Minister to provide a “definite signal” on what…
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