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.
-
Mar- 2018 -22 March
New Look’s CVA to shut 60 stores with 980 jobs axed
Clothing and fashion retailer New Look is set to close 60 out of its total 593 stores, alongside a further…
Read More » -
21 March
Moss Bros shares plummet amid profit warning
Moss Bros has seen its shares plummet as much as 30% as it warned its full year profits would come…
Read More » -
21 March
UK consumer price inflation falls in February
The consumer price inflation (CPI) rate fell from 2.7% in January to 2.5% in February 2018, according to the Office…
Read More » -
21 March
Mothercare appoints KPMG to avert collapse
Mothercare has called in accountants KPMG to handle its refinancing in order to avoid collapse. The childcare retailer appointed KPMG…
Read More » -
21 March
Ocado revenue hit by adverse weather conditions
Online grocer Ocado has reported its sales were “impacted by adverse weather conditions” ensuing from the ‘Beast from the East’…
Read More » -
21 March
Carpetright prepares for store closures in CVA plan
Carpetright is exploring a possible company voluntary agreement (CVA) which would allow it to to speed up the closure of…
Read More » -
20 March
Amazon targets vacant Toys R Us premises
Amazon is understood to be considering buying sites from Toys R Us, just days after the toy retailer announced plans…
Read More » -
20 March
Conviviality CEO resigns amid £30m tax bombshell
Conviviality has announced its CEO Diana Hunter has stepped down with immediate effect as its struggles stay afloat following the…
Read More » -
20 March
Instagram launches in-app shopping for UK users
Photo-sharing social media app Instagram has expanded its shopping capabilities to UK customers, so users are able to make purchases…
Read More » -
20 March
B&M fights Kylie Minogue in bed linen branding dispute
Bargain retailer B&M has refuted a legal claim made by Kylie Minogue against it for selling two products named ‘Kylie’,…
Read More »
