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 -8 July
Retail staff prefer learning new skills to pay rise, study finds
New research from CV-Library, reveals that four in 10 retail professionals (40%) say learning new skills is their main career…
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8 July
Asos prepares to cut 100 head office roles as sales slow
Online retailer Asos is preparing to make around 100 of its head office staff redundant with a source saying the…
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5 July
Zalando announces plans to build fulfillment center
Zalando has announced it is to build a new £180m fulfillment center in an existing business park near Rotterdam to…
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5 July
Retail sales slump in June
Like-for-like in-store sales fell by -0.8% in June according to the High Street Sales Tracker (HSST), published today by accountancy…
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5 July
Sloane Street to undergo £40m redevelopment
Cadogan Estates, has announced plans to oversee a £40m redevelopment of Sloane Street, following the recent transformation of Pavilion Road…
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5 July
Amazon’s Deliveroo deal could face CMA investigation
The Competition and Markets Authority (CMA) has put Amazon’s Deliveroo deal on hold as the regulator said it believed it…
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4 July
Monsoon creditors agree to CVA
Monsoon Accessorize creditors have given the green light on the retailer’s CVA plans which will see over half of its…
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4 July
The Works FY19 revenues jump 13.2%
Stationery retailer The Works has reported a 13.2% increase in revenues in its preliminary results for the 52 weeks ended…
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4 July
Superdry appoints former John Lewis and New Look CFOs
Fashion retailer Superdry has appointed Helen Weir and Alastair Miller to its board as non-executive directors, taking the role of…
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4 July
Primark like-for-like sales hit by ‘unseasonable’ May weather
Sales at Primark in the year-to-date were 4% ahead of last year, driven by an increased store portfolio, however this…
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