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 -18 April
Wish.com reprimanded for penis advert on video games aimed at children
Online retailer Wish.com has been displaying an advert showing an animation of a cartoon penis being put in an extender…
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18 April
Retailers miss out on £18k a year through ‘surf and turf’ shopping trend
New research by Barclaycard has revealed that UK shoppers each abandon an online basket worth an average of £29.37 every…
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18 April
Hammerson abandons £3.4bn takeover of Intu
Shopping centre owner Hammerson has revealed it has reversed its decision to buy its rival Intu for £3.4bn. The owner…
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17 April
450 jobs at risk as Marks and Spencer close Hardwick facility
Marks and Spencer’s Hardwick distribution centre is set to close in September as part of a plan to transform the…
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17 April
Amazon forced to remove children’s ‘enjoy cocaine’ clothing range
Amazon have been forced to withdraw controversial baby and children’s clothes adorned with the slogan ‘enjoy cocaine’. The clothes were…
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17 April
Primark posts ‘remarkable’ 4% rise in profits
Associated British Foods (ABF), the parent company of fashion retailer Primark, has posted a 1% increase in profit for the…
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17 April
JD Sports reports record profit levels
JD Sports has seen a record increase in its profit before tax, which was at 26% in the 53 weeks…
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17 April
Intu reveals ‘record retailer demand’
Shopping centre giant Intu has reported a record level of retailer demand in the first quarter of 2018. Some 60…
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16 April
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017…
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16 April
March retail footfall sees steepest decline in eight years
Footfall in March decreased by 6%, compared with the positive rate of 1.3% seen in March 2017. There was no…
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