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 -10 April
Counterfeiting hits nearly half of brands
Almost half (47%) of brands lose sales revenue to counterfeit or pirated goods, new research from brand protection firm MarkMonitor…
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9 April
Mothercare latest to consider CVA store closures
Mothercare is reportedly considering the possibility of closing a third of its stores and reducing its rents through a Company…
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9 April
Dominic Chappell to sue Philip Green
Former British Home Stores (BHS) owner Dominic Chappell said he plans to sue retail magnate Philip Green and contest a…
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9 April
Small firms hit by pension auto-enrolment scheme, claims FSB
Small firms and startups will be “hit the very hardest” by the doubling of auto-enrolment employer pension contributions, according to…
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9 April
Bestway acquires Conviviality retail brands
Bestway Wholesale has completed the purchase of Conviviality’s retail brands, in a deal closed at 11.56pm on Friday (6 April).…
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6 April
Bestways poised to purchase retail arm of Conviviality
Cash and carry wholesaler Bestway is set to announce its plan to purchase Conviviality’s retail chains, which includes Bargain Booze.…
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6 April
Sainsbury’s ‘considered’ Mothercare acquisition
Sainsbury’s considered acquiring embattled retailer Mothercare but decided against making an offer, it has emerged. According to the Press Association…
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6 April
Co-op profits rise as membership increases by 1.2 million
Co-operative has reported a 25% increase in underlying profit before tax, improving business performance. The retailer reported profits before tax…
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6 April
UK retail sees second worst month on record for in-store sales
Like-for-like (LFL) in-store sales were down by 10.1% in the month of March, making it the second worst figures on…
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5 April
Conviviality goes into administration
Drinks retailer and wholesaler Conviviality has filed for administration just a day after selling its wholesale business. Administrators PwC released…
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