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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Jun- 2019 -6 June
Arcadia delays creditors’ meeting
Retail company Arcadia has delayed its planned creditors meetings to vote on the company voluntary arrangement (CVA) with the revised…
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6 June
‘Huge’ spike in retail job vacancies, says CV-library
The amount of jobs on offer in the retail sector jumped by 56.9% in May. That’s according to the latest…
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6 June
TfL holds competition for £100k retail space for a year
Transport for London (TfL) has launched a new innovation competition, which challenges businesses to come up with an “innovative and…
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6 June
Banking red tape holding back UK retailers abroad
Almost three quarters (71%) of UK retailers would like their businesses to further expand internationally, however most (57%) believe overseas…
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5 June
Mike Ashley makes £51.9m offer for Game after increasing stake
Mike Ashley’s Sports Direct has made a £51.9m offer for the gaming retailer Game Digital after it increasing its stake…
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5 June
Philip Green reaches agreement with pensions regulator
Arcadia owner Philip Green has reached an agreement with The Pensions Regulator in order to aid the restructure of the…
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5 June
Card Factory sees Q1 sales rise 6%
Card Factory has reported a 6.4% rise in total group sales during the first quarter of the year thanks to…
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5 June
Forever 21 ‘exploring restructuring options’
American fast fashion retail chain Forever 21 is reportedly exploring its financial options. Sources have told the media that the…
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4 June
Retail sales in May see ‘biggest decline on record’
Sales decreased by 2.7% in May on a total basis, excluding Easter distortions, making it the “worst decline” since records…
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4 June
Network Rail sees retail sales growth of 4.36% in 2018/19
Network Rail saw its retail sales grow 4.36% and like-for-like sales increase by 1.32% in the 2018/19 financial year –…
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