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 -23 February
Retail sales growth slows for third consecutive month
UK retail sales growth slowed for the third month in a row, according to CBI’s Quarterly Distributive Trades Survey. A…
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23 February
Amazon plans six more Amazon Go stores this year
Rumours are swarming that online retail giant Amazon has plans to open as many as six more of its cashierless…
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22 February
Tesco to reveal gender pay gap statistics
Supermarket giant Tesco is the first in the UK to reveal its gender pay gap statistics. A report made by…
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22 February
ASOS teams up with High Commission in Mauritius for modern slavery event
Online fashion retailer ASOS is hosting an event with the British High Commission in Mauritius today (22 February). The event…
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22 February
Guess co-founder steps down over ‘improper conduct’ allegations
The co-founder of fashion retailer Guess has relinquished his daily responsibilities at the company after allegations of “improper conduct”, which…
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22 February
Shopping apps account for half of online sales in Europe
Dedicated shopping apps are driving widespread mobile success for European retailers, according to Criteo’s Q4 Global Commerce Report. The study…
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21 February
Homebase and Bunnings owner sees profits plummet in 2017
Wesfarmer, which owns DIY stores Homebase and Bunnings, has revealed profits for the second half of 2017 were down by…
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21 February
Walmart shares plummet 10% as online sales disappoint
Walmart shares have plummeted by 10%, their biggest fall in more than 30 years, due to disappointing online sales. The…
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21 February
UK retailers ‘self-restricting’ growth due to limited payment options
The UK’s top retailers are limiting online sales potential by up to 30% by not offering a range of payment…
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21 February
International consumers prepared to pay up to 22% more for British goods
As UK exports continue to thrive, new research by Barclays shows the premium that international consumers are prepared to pay…
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