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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Jul- 2019 -10 July
Asda Sainsbury’s merger blocked for 10 years
The Competition and Markets Authority (CMA) has prohibited Asda and Sainsbury’s from working with each other until 29 July 2019…
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10 July
M&S warns it could close more than 110 stores
Marks and Spencer chief executive Steve Rowe admitted to shareholders at its AGM that plans to close 110 of its…
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10 July
Dunelm remains ‘cautious’ as Q4 revenues jump 15%
Homewares retailer Dunelm has reported a 15.4% increase in total like-for-like (LFL) revenue for the 13-week period ended 29 June…
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10 July
Superdry reports annual losses of £85m
Fashion retailer Superdry has announced pre-tax losses of £85.4m for the year to 27 April, compared with the profit of…
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9 July
‘Worst June on record’ for retail sales, says BRC
On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to…
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9 July
Primark founder Arthur Ryan dies aged 83
Budget fashion chain retailer Primark has announced its founder and chairman Arthury Ryan has died at the age of 83,…
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9 July
Online to make up more than 50% of retail sales in 10 years
Online shopping will account for more than 50% of retail sales (up from 19% currently) in the next 10 years…
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9 July
M and G withdraws court action against Debenhams
Real estate company M and G Real Estate has withdrawn its court challenge against retailer Debenhams, helping the retailer restructure…
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8 July
Asda to stop offering plastic bags with online grocery shopping
Asda is to stop providing single-use plastic carrier bags with its online grocery orders, in a move that will remove…
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8 July
Select owed creditors £53m after entering administration
Fashion retailer Select “owed creditors £53.1m” to landlords and the Her Majesty’s Revenue and Customs (HMRC) following the company’s administration…
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