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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Mar- 2018 -19 March
Hammerson rejects Klépierre takeover bid in ‘less than 24 hours’
French real estate investment fund Klépierre has confirmed its takeover bid of Hammerson was rejected in “less than 24 hours”.…
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16 March
Conviviality surprise £30m tax bill prompts business review
Off-licence retailer Conviviality has announced it is reviewing the business while holding “constructive” negotiations with lenders, as part of the…
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16 March
Nike brand president retires, CEO responds to workplace behaviour complaints
The brand president of sportswear manufacturer Nike, Trevor Edwards, has announced that he will be retiring from the company in…
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16 March
Topman removes shirt ‘mocking’ Hillsborough disaster
Topman has come under fire for selling a red football-style shirt that some Liverpool fans believe mocks the 1989 Hillsborough…
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16 March
Currys PC World criticised for ‘rip off’ add-on charges
Currys PC World has been criticised for pushing customers into paying up to £40 extra for pre-setup laptops that they…
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15 March
Surface Pro with LTE Advanced review
The Surface Pro with LTE Advanced is the latest edition of Microsoft’s hybrid tablet-laptop brand. It features a sim card…
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15 March
Richemont’s Yoox Net-a-Porter acquisition approved by Italian regulator
Italian market watchdog Consob has given the green light for Richemont’s takeover of luxury online retailer Yoox Net-A-Porter (YNAP). Swiss-based…
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14 March
3,000 Toys R Us jobs to go as it confirms ‘controlled store closures’
All UK Toys R US stores are poised to shut down after administrators failed to find a buyer, resulting in…
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14 March
Research shows Brexit doesn’t mean exit for international retailers in London
Research from real estate advisor, Colliers International, reveals that in the face economic uncertainty due to Brexit, Central London still…
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14 March
Zara owner Inditex sees 41% jump in online sales
The owner of Zara and Massimo Dutti, Inditex, saw online sales revenue grow by 41% in 2017, according to a…
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