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 -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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12 November
Retail staff ‘abused or assaulted’ over 21 times a year, says Usdaw
An average shop worker is verbally abused, threatened or assaulted more than 21 times a year, according to a new…
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12 November
Greggs raises profit forecast as sales jump 12.4%
Bakery chain Greggs has upped its profit forecast for 2019 after it reported “very strong trading” as its total sales…
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12 November
Government must ‘play its part’ to support retail sector, says BRC
The incoming government must take action to fully support to the retail sector, the BRC has urged in its latest…
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12 November
New Look losses narrow despite ‘ongoing uncertainty’ hitting sales
New Look has reported that its losses narrowed to £11.2m during its half year results despite “ongoing uncertainty” impacting sales.…
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11 November
Lidl eyes 230 new stores by 2023
German discount supermarket chain Lidl is set to increase its rate of expansion by opening 230 new stores in the…
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11 November
Clintons could close up to 66 stores
Greeting cards retailer, Clintons, has revealed plans to shut one in five of its UK stores, and is looking to…
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11 November
Brexit woes and wet weather dampen October footfall
Retail footfall faced further decline in the month of October, according to new figures from the BRC-Springboard Footfall and Vacancies…
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