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 -15 November
Co-op announces David McKnight as new director
The Co-operative has confirmed the appointment of David McKnight as new managing director of the Federal Retail and Trading Services.…
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14 November
Nike cuts ties with Amazon amid increased focus on direct-to-consumer
Sports fashion retailer Nike has cut ties with online retail giant Amazon and will no longer sell its products on…
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14 November
UK retail sales fall ‘unexpectedly’ in October
UK retail sales “unexpectedly” decreased by 0.1% in October, according to a report from the Office for National Statistics (ONS).…
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14 November
Burberry profits rise despite Hong Kong protests ‘dampening’ sales
Burberry has posted pre-tax profit of £193m for the half-year to 28 September, despite recent protests in Hong Kong dampening…
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14 November
Card Factory sales boosted by group expansion
Card Factory welcomed a strong performance this financial year, with a 5% rise in group sales in the year to…
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13 November
The Co-op to open seven new stores in Scotland
The Co-op has announced it is set to launch seven new stores in Scotland this month, as part of a…
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13 November
British Land profits slip in half-year results
British Land has reported a decrease in pre-tax profits for its first half, as its underlying pre-tax profits dropped from…
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13 November
£2.9bn investment set to ‘transform’ London’s Oxford Street
The New West End Company, the representative of Oxford, Bond and Regent Street businesses, has announced the 1,000 day countdown…
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12 November
KKR makes £70bn buyout proposal for Walgreens Boots Alliance
Walgreens Boots Alliance, the parent company of high street drug store chain Boots, has reportedly received a £70bn buyout offer…
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12 November
B&M profits plunge by 70% due to ‘disappointing’ German partner
Discount retailer, B&M has reported a 70% drop in profits from £59.5m to £32.3m during the first half of the…
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