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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Jun- 2018 -13 June
PwC hit with record £10m fine for BHS audit
PricewaterhouseCoopers (PwC) has been fined £10m for its handling of the BHS audits and the Taveta Group in 2014. The…
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13 June
Almost 133,000 business rates appeals from 2010 still remain unresolved
More than 133,000 businesses are still waiting for an appeal of their business rates valuation from 2010 to be resolved,…
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12 June
Harvey Nichols to offer ‘live shopping’ online
British luxury department store Harvey Nichols has become the first retailer to offer ‘live shopping’ online due to its partnership…
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12 June
87% of UK’s top retailers risk revenue losses through poor mobile site performance
Almost nine in 10 (87%) of the UK’s top retailers are risking a significant drop in online visibility by neglecting…
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12 June
Almost half of consumers prefer independent stores
New research has found that nearly half (42%) of consumers would shop with an independent retailer because they prefer to…
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12 June
UK consumers plan a £799m expenditure for Father’s Day
UK consumers are expecting to spend £799m on gifts for Father’s Day this year, a study has found. Data gathered…
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12 June
Boohoo reports £183.6m revenue jump
Online fashion retailer Boohoo has reported a 53% increase in total revenue for the first quarter of the 2019 financial…
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12 June
Henri Lloyd to slash 128 jobs despite coming out of administration
Henri Lloyd is to be brought out of administration by a company called Aligro UK Limited, and it will continue…
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12 June
Ted Baker continues to buck high street gloom with continued revenue growth
Ted Baker has posted a 4.2% increase in group revenue for the 19-week period ending 9 June as it continues…
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12 June
New Look reports operating loss of £74.3m
New Look has reported an underlying operating loss of £74.3m in its latest financial results for the year to 24…
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