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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Jan- 2018 -31 January
H&M to open fewer stores in 2018 after quarterly profit drops 34%
Fashion retailer H&M has announced it will open fewer stores in 2018 after reporting a quarterly drop in profit of…
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31 January
Hundreds of jobs at risk as M&S announces store closures
Marks and Spencer has announced plans to close 14 of its stores this year in a move which will affect…
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31 January
B&Q plans to cut 200 headquarters jobs
DIY retailer B&Q has announced it will cut over 200 roles at its Southampton headquarters. In a statement, the group…
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30 January
Maplin introduces ‘order now, pay later’ scheme
Maplin has introduced a new scheme that allows it customers to spread out the cost over time or even pay…
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30 January
Older shoppers ‘less comfortable’ with e-commerce AI
Less than half of older shoppers are comfortable with the use of artificial intelligence (AI) in the online fashion buying,…
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30 January
House of Fraser Boss wants Theresa May to give ‘clearer Brexit signal’
The billionaire owner of House of Fraser has called on the Prime Minister to provide a “definite signal” on what…
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30 January
Retailers risk losing customers if internal productivity issues are not resolved
The Office for National Statistics (ONS) revealed retail sales in the UK fell by 1.5 per cent in December 2017…
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29 January
Fashion store East enters administration
Fashion retailer East has entered administrations, with 314 employees at risk of losing their jobs. Reports today said the brand…
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29 January
Planning applications for retail stores falls for ninth consecutive year
Planning applications for new shops have fallen for the ninth year in a row, says platform for peer-to-peer property lending,…
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29 January
1 in 4 jobs at risk of being replaced by robots in the North
Northern and Midlands cities will be more exposed to job losses as the rise of robots continues, according to a…
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