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.
-
Feb- 2020 -12 February
Sainsbury’s Bank chairman departs after seven years
Roger Davis is to step down as chairman of Sainsbury’s Bank after nearly seven years in the role. Davis has…
Read More » -
11 February
Retailers suffer ‘stuttering start’ to 2020
Retailers saw a slow start to the year as total sales increased by only 0.4% in January, against an increase…
Read More » -
11 February
Administrations up 5% in 2019
The number of companies falling into administration across England and Wales increased by just under 5% in 2019, according to…
Read More » -
11 February
Shoppers could ‘lose out’ in JD Footasylum merger, says CMA
The Competition and Markets Authority (CMA) has provisionally found that the proposed £90m takeover of Footasylum by sportswear rival JD…
Read More » -
11 February
M&S appoints Eoin Tonge as new CFO
Marks and Spencer has appointed Eoin Tonge as its new chief financial officer. Tonge is currently the CFO of Greencore…
Read More » -
10 February
HMRC yields £16 from small businesses for every £1 spent on staff
HMRC’s investigations into individuals and small businesses produced a yield of approximately £16 for every £1 spent on staff last…
Read More » -
10 February
Improved UK supermarket performance sparks property investment surge
Property investors sunk £1.78bn into the UK grocery sector during 2019, with volumes up 80% year-on-year according to Colliers International’s…
Read More » -
10 February
WH Smith seeking overhaul on rent payment to landlords
WH Smith is reportedly urging its landlords to allow the retailer to delay its rent payments as it looks to…
Read More » -
10 February
Selfridges managing director exits
Simon Forster, managing director of Selfridges has departed from the department store after just over a year in the position.…
Read More » -
10 February
Shopping centre footfall rises for first time in three years
Consumers were “attracted back” to shopping centres in January, according to Springboard’s latest footfall monitor. Shopping centre footfall increased by…
Read More »