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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May- 2018 -21 May
Human error could cost businesses £17.5m as GDPR looms
With the arrival of General Data Protection Regulation (GDPR) businesses who mishandle personal data will leave themselves open to a…
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21 May
Mothercare CEO takes £132k pay cut and rejoins
Mark Newton-Jones has been re-appointed as CEO of Mothercare on a salary of £480,000. The former CEO is being reinstated…
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21 May
SME retailers see international payments double
Small and medium-sized retailers (SMEs) are responding to macroeconomic pressure in the UK by expanding internationally, according to a survey.…
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18 May
34 Carluccio’s restaurants to close after it announces CVA
Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary…
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18 May
Carpetright to issue shares to raise £60m fund ahead of CVA
Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and…
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18 May
Online retail jumps 19% in April
UK online retail sales went from strength to strength in April, up 18.8% year-on-year (YoY) according to the latest figures.…
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18 May
CMA shops around for comments on Sainsbury’s Asda merger
The Competition and Markets Authority (CMA) is investigating the merger between Sainsbury’s and Asda, after inviting interested parties to comment…
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17 May
House of Fraser landlord anger nullified by stock exchange rules
House of Fraser’s relations with a range of stakeholders worsened today after several landlords expressed anger at proposed rent reductions…
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17 May
British Land submits plan for major retail development at Canada Water
Commercial property firm British Land has proposed a masterplan for a 1 million sq ft retail and leisure space at…
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17 May
Ocado signs deal with US supermarket Kroger
Online supermarket Ocado has signed a partnership agreement with US grocer Kroger which will see Ocado’s technology used exclusively by…
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