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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Oct- 2018 -30 October
Seasalt bucks high street woes with sales and profits increase
Cornish fashion brand, Seasalt, has recorded record turnover and improved margins, signalling the “continuing growth momentum in the business”. Turnover…
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30 October
Selfridges opens in-store skate park
Selfridges has opened an indoor skate park in its London flagship store as part of refurbishment work in its menswear…
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30 October
WHSmith acquires InMotion in £155m deal
WHSmith has announced the signing of an agreement for the acquisition of InMotion, a pure play travel retailer for $198m…
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29 October
Autumn Budget 2018: Business rates cut for SMEs and new digital services tax
Chancellor Philip Hammond has confirmed plans to give smaller retailers a 33% cut to business rates and introduced a new…
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29 October
HMV tops Amazon on physical music sales
HMV has overtaken Amazon for physical music sales, the entertainment retailer increased its market share to 28% during the 12…
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29 October
New Asda proposal could see up to 2,500 jobs slashed
A new proposal from ‘Big 4′ supermarket retailer Asda could see up to 2,500 jobs slashed, as the group is…
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29 October
Chancellor to propose £900m rates relief plan for smaller retailers
Chancellor Philip Hammond is expected to announce a rates relief for retail SMEs and relax town planning rules on the…
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29 October
Oxford Street Strategy approved for public consultation
Westminster City Council’s Cabinet has has approved a new draft Oxford Street District Strategy to be taken forward for public…
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26 October
Richemont and Alibaba partner to bring Net-a-Porter to China
Richemont, the Swiss luxury goods group, and Alibaba Group has announce a global strategic partnership to bring Yoox Net-A-Porter (YNAP)…
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26 October
Online retail order volumes slow before ‘Golden Quarter’
Online retail parcel delivery order volumes increased by only 6.4% year-on-year (YoY) in September, the lowest YoY rate in 2018…
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