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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Jul- 2018 -17 July
Another 40 Poundworld stores to shutter
The administrators of Poundworld, Deloitte, have announced yet another wave of store closures bringing the total number of shuttered stores…
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17 July
Usdaw hits out at M&S for second time after 351 management roles cut
Trade union Usdaw has said that it will continue its campaign to be recognised as a representative for M&S workers…
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17 July
Asda plunges 261 Enfield warehouse jobs into uncertainty
Asda has announced it has proposed to shutter its Enfield warehouse which would result in cutting 261 roles. The supermarket…
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17 July
M&S announces 351 management roles to be slashed
M&S has announced it is to cut 351 management roles, but says they are unrelated to the programme to close…
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17 July
Amazon Prime Day receives worldwide backlash
Amazon’s annual ‘Prime Day’ event saw a shaky start yesterday after worker strikes and a lengthy website crash resulted in…
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17 July
Sir John Timpson to advise government on high street future
Sir John Timpson has been appointed to chair a panel of experts to advise on how to improve the future…
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17 July
Bad debt owed to UK retailers rises to £53.6m in three months
There has been a 2464.5% increase in bad debt owed to UK retailers in the last three months, according to…
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16 July
The Works to open 50 stores per year and plans to IPO
Discount retailer The Works has unveiled plans to float on the London Stock Exchange and open 50 new stores each…
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16 July
Debenhams denies cash problems as insurers withdraw cover
Debenhams has disputed claims that it is facing a cash problem amid reports that its credit insurers have reduced cover…
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16 July
Footfall dips for seventh consecutive month despite World Cup boost
Retail footfall dipped for a seventh consecutive month in June, despite the boost in spending brought on by the World…
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