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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Nov- 2019 -28 November
Primark owner could face shareholder opposition to new bonus scheme
Fashion retailer Primark could face a shareholder revolt next week, after a new bonus scheme could see CEO George Weston…
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28 November
Peacocks announced as ‘preferred bidder’ for Bonmarché
Peacocks has been chosen as the preferred bidder to acquire Bonmarché, it was announced this morning. FRP Advisory was appointed…
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27 November
Wilko appoints Chris Martin as non-executive director
High-street chain Wilko has announced the appointment of Chris Martin as non-executive director. Martin is currently the chief executive of…
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27 November
Ikea profits slip amid increased focus on online business
DIY retail giant Ikea has reported a 10% decrease in profits for the year to the end of August 2019,…
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27 November
Sosandar revenues soar in half-year results
Online fashion brand Sosandar saw revenues increase by 53% to £2.82m in the six months to 30 September 2019. It…
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27 November
Shop prices fall for sixth consecutive month
Shop prices fell for the sixth consecutive month, according to the November BRC-Nielsen Shop Price Index. Overall prices fell by…
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27 November
SCS reports sales slump
Furnishings retailer SCS has reported a fall in like-for-like sales amid “growing political uncertainty”. In the 17 week period ended…
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26 November
Sports Direct International set to rebrand as Frasers Group
Sports Direct International is set to change its name to Frasers Group, the parent company of Sports Direct has revealed. …
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26 November
Topps Tiles warns of ‘heightened economic uncertainty’ as sales slump
Topps Tiles has reported a 7.2% decrease in like-for-like revenues for the first eight weeks of its new financial year,…
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26 November
Pets at Home reveals ‘strong’ first half results
Pets at Home has reported a “strong” first half in the 28 weeks to 10 October, resulting in a pre-tax…
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