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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Apr- 2018 -23 April
Boohoo expected to report 95% sales increase
Boohoo is expected to report a 95% increase in sales when it publishes its full year results on Wednesday (25…
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23 April
Wesfarmers entices Homebase bidders with £100m dowry
Potential bidders for Homebase are being enticed by a sizeable dowry as its owners Wesfarmers ask for initial takeover bids…
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23 April
Alibaba and Valentino create 3D virtual store
Alibaba has partnered with Valentino to create an virtual 3D store that can be browsed by visitors to Alibaba’s Tmall…
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20 April
Furniture shop closing down after rent increases by £100,000
Phillip Logan, owner of furniture store Uno in South Belfast has decided to close his shop after facing a rent…
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20 April
Bonmarché expects profit to meet expectations despite sales drop
Bonmarché has announced that for the 52 weeks to the 31 March in store like-for-like sales were down by 4.5%…
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20 April
Sainsbury’s trials UK’s first grocery delivery service by electric bike
Supermarket giant Sainsbury’s has announced that it is trialling the UK’s first grocery delivery service by electric cargo bike. A…
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19 April
Store closure fears loom as House of Fraser appoints advisors
House of Fraser has appointed KPMG to advise the company on a restructuring plan, raising speculation that a number of…
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19 April
Woman charged £930 for 11p Banana in Asda online typo disaster
Asda has apologised after a woman attempted to buy a banana for sale on it’s online shop priced at £930.11…
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19 April
Debenhams profits plummet by 84%
Debenhams has announced that its pre-tax profits fell by 84% to £13.5m after the ‘Beast from the East’ temporarily closed…
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19 April
Amazon and Not on the High Street condemned by MPs for mis-selling faux fur
Online retailers Amazon and Not on the High Street have been told they must do more to stop the sale…
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