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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Aug- 2019 -30 August
UK consumer confidence decreases three points in August
GfK’s long-running Consumer Confidence Index decreased by three points to -14 in August. The measure for the general economic situation…
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30 August
Shoe Zone CEO quits amid profit warning
The chief executive of value footwear retailer Shoe Zone, Nick Davies, has resigned from his position with immediate effect, on…
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29 August
M&S at risk of falling out of FTSE 100
Marks and Spencer could fall out of the FTSE 100 unless it is able to increase its share prices by…
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29 August
Retailers urged to do more to prevent sales of knives to under 18s
Trading Standards is urging retailers to do more to prevent the sale of knives to children, after 15% of its…
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29 August
McColl’s Q3 sales fall 3.6% amid poor weather and Brexit uncertainty
Convenience retailer McColl’s has reported a 3.6% drop in revenue during the third quarter of the year, attributed to the…
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29 August
Forever 21 reportedly contemplates filing for bankruptcy
American fast fashion retail chain Forever 21 is reportedly preparing for a potential bankruptcy filing, after restructuring and debt restructure…
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28 August
Tesco workers to consult EU court over equal pay
Thousands of Tesco supermarket workers have submitted an application to the European Court of Justice for clarification on equal pay…
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28 August
£1bn ‘Future High Streets Fund’ expanded to 50 more areas
Prime Minister Boris Johnson has announced that an additional 50 towns will benefit from the £1bn Future High Streets Fund.…
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28 August
Shop prices down amid ‘weak consumer spending’ and ‘stiff competition’
August Shop Prices fell by 0.4% compared to a 0.1% decrease in July attributed to “weak consumer spending” and “stiff…
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28 August
US landlords drop legal challenge against Arcadia
The two US landlords involved in the legal challenge against Arcadia’s company voluntary agreements (CVAs) have dropped their case, following…
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