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 -16 April
Debenhams expected to post big dent in half-year profits
Analyst consensus expects Debenhams to report a large decrease in its profits when it publishes its half-year results next week.…
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13 April
Low-skilled jobs rebadged as apprenticeships by firms, says report
Employers are relabelling low-quality, low skilled and and often low-wage roles as ‘apprenticeships’, according to a new report. As part…
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13 April
Klépierre abandons Hammerson bid after numerous rejections
Klépierre has announced that it has abandoned its attempted acquisition of Hammerson after an improved offer was rejected for the…
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13 April
Retailers ‘need to invest in visualisation technology’ to boost online sales
Almost half of shoppers would spend more online if there was technology that helped them visualise and understand how products…
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13 April
Sanpower to introduce Chinese brands to Europe through House of Fraser
Sanpower Group has announced a new supply chain programme to introduce premium Chinese brands to the UK, Europe and rest…
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13 April
Hobbycraft appoints Tesco CEO as chairman
Arts and crafts retailer Hobbycraft has has appointed Tesco UK CEO Matt Davies as its new chairman. Davies is currently…
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13 April
American Apparel set for UK relaunch
Retail brand, American Apparel plans to relaunch online in April in the UK. The brand will return with its basics…
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12 April
WHSmith profits dip as high street arm struggles
WHSmith has reported a dip in its profits for the six months ending February 28, as its high street trading…
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12 April
Mothercare reports drop in Q4 like-for-like sales
Embattled retailer Mothercare has revealed its UK like-for-like sales declined by 2.8% in the group’s Q4 results. However, online sales…
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12 April
Carpetright to close nearly a quarter of stores, affecting 300 jobs
Carpetright is preparing to close nearly a quarter of its 300 stores in a restructuring plan as it struggles to…
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