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 -25 April
Increase in retailers using secondary revenue to boost profits
More retailers are making use of secondary revenue to increase sales outside of core offerings, online marketing company Webloyalty’s ‘Beyond…
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25 April
Argos chastised by ASA over raising prices to include ‘free’ add-ons
The Advertising Standards Agency (ASA) has warned Argos after it was found raising prices to cover the cost of supposedly…
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24 April
650 retail stores have closed in 2018 so far
Nearly 650 retail stores and restaurants have shut or are at risk of closure since the start of 2018. According…
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24 April
300 jobs lost as East poised to stop trading next week
Fashion retailer East is to stop trading next week after administrators were unable to find a buyer, with 300 employees…
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24 April
Debenhams partners with Western Union to offer global money transfers
Debenhams has signed a partnership with Western Union to offer global money transfers through its existing travel money desks. Western…
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24 April
Co-op’s £143m takeover of Nisa cleared by CMA
The Co-op’s £143m takeover of Nisa approved by the Competition and Markets Authority (CMA), subject to a court sanction on…
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23 April
Shop that sold illegal tobacco ‘wants its licence back’
A shop that was banned from selling tobacco and alcohol is reapplying for a new licence, it has been reported.…
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23 April
Record online retail sales growth in March
Online UK retail sales grew by 18.9% year-on-year (YoY) in March, as the high street reported the steepest year-on-year drop…
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23 April
Yoox Net-A-Porter launches fine jewellery platform
Online fashion retailer Yoox Net-A-Porter (YNAP) has launched its first dedicated online destination for fine jewellery and luxury watches. The…
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23 April
Boohoo expected to report 95% sales increase
Boohoo is expected to report a 95% increase in sales when it publishes its full year results on Wednesday (25…
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