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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Jan- 2020 -30 January
Deloitte fined £1m over handling of Comet administration
‘Big Four’ accountancy firm Deloitte has been fined £925,000 for its handling of electrical goods retailer Comet’s administration in 2012. …
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30 January
Frasers Group settles Belgian tax dispute
Frasers Group has announced it is in the clear with Belgian authorities over an outstanding tax bill that equated to…
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29 January
N Brown strengthens executive management team
Online clothing and footwear retailer, N Brown, has announced that Sarah Welsh will be joining the company in the newly…
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29 January
Ted Baker appoints chief customer officer
Ted Baker has announced that Jennifer Roebuck will take up the newly created leadership role of chief customer officer (CCO)…
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29 January
Retail sales fall flat for third consecutive month, CBI finds
Retail sales volumes were flat for the third consecutive month in the year to January with no growth expected next…
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29 January
SCS CEO to depart following Christmas sales rise
The chief executive of furniture retailer SCS, David Knight, is to step down. Knight joined the business 32 years ago…
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28 January
Seasalt reports double-digit sales growth over Christmas
Cornish fashion retailer Seasalt has reported a 14% increase in overall sales for the five-week period ending 4 January 2020.…
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28 January
Intu continues disposals by offloading Spanish shopping centre
Shopping centre owner Intu has offloaded its second Spanish shopping centre as it attempts to fix its balance sheet. The…
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28 January
Over 31,000 retailers report signs of ‘significant financial distress’
The number of retail businesses in “significant financial distress” grew to 31,615 in the fourth quarter of 2019, according to…
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28 January
Sainsbury’s pledges to become carbon neutral by 2040
Sainsbury’s has announced it will commit £1bn towards becoming carbon neutral by 2040. The supermarket giant will use the £1bn…
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