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 -12 March
Retail footfall drops in February
Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen…
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12 March
Quarter of major UK retailers likely to suffer ‘financial distress’
A new study of over 1600 larger UK retailers with total assets of £5m or over by Company Watch, a…
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12 March
Mass debt for Claire’s Accessories causing bankruptcy talks
US based retailer Claire’s Accessories has been reportedly preparing for bankruptcy, following a mass of debt and a heavy reliance…
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9 March
Valentine’s Day sales fall for fifth year in a row
Valentine’s Day like-for-like in-store sales fell by -1.6% in February, according to the BDO High Street Sales Tracker. The poor…
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9 March
Co-op Group investigated for treatment of suppliers
The Co-operative Group Limited is facing an investigation by the Grocery Industry Watchdog due its treatment of suppliers. Christine Tacon…
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9 March
Shoe Zone, Karen Millen ‘named and shamed’ over minimum wage
Karen Millen and Shoe Zone are among the firms that have been ‘named and shamed’ by the Department of Business,…
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9 March
New CFO appointed by Walgreens Boots Alliance
Walgreens Boots Alliance has announced the appointment of James Kehoe as the company’s executive vice president and global chief financial…
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9 March
Countrywide farmers enters administration putting 735 jobs at risk
A buyer is being sought for retailer Countrywide Farmers, which has gone into administration putting 735 jobs at risk. The…
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8 March
Next faces £30m equal pay claim
Law firm Pattinson & Brewer has initiated legal proceedings against clothing chain Next, on behalf of female store workers who…
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8 March
Co-op launches ‘pay in aisle’ mobile app technology
The Co-op has launched a new mobile app that allows customers to pay for their groceries in the aisle and…
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