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.
-
Aug- 2019 -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.…
Read More » -
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…
Read More » -
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…
Read More » -
27 August
Clarks seeking rent reductions of up to 30%
Shoe retailer Clarks has revealed it seeking rent reductions of up to 30% following a period of “poor trading”, according…
Read More » -
27 August
Carpetright debt absorbed by shareholder
Carpetright shareholder Meditor is set to absorb the retailer’s £40.7m revolving credit facility, purchasing it from lenders Natwest and Ulster…
Read More » -
27 August
FF Group searching for Links of London buyer
Links of London owner Folli-Follie Group (FF Group) has confirmed that it has appointed firms Deloitte and Savigny to the…
Read More » -
27 August
Shop Direct adds Topshop and Topman to its offering
Shop Direct, the digital retailer and financial services provider, has added Arcadia’s Topshop and Topman to its portfolio of more…
Read More » -
23 August
Reiss group sales soar by 23.7% in H1
Fashion brand Reiss has seen group sales rise by 23.7% for the first half of 2018, alongside announcing an advertising…
Read More » -
23 August
Morrisons to close four stores, 400 jobs at risk
Morrisons is to close four stores putting 400 jobs at risk it has confirmed. The ‘Big Four’ grocer revealed stores…
Read More » -
22 August
Ted Baker CFO departs for Mulberry after 17 years
Mulberry, the British luxury brand, has announced the appointment of Charles Anderson to the Company’s board of directors as group…
Read More »
