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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Aug- 2018 -31 August
Homebase ‘very likely’ to enter administration if CVA isn’t passed
The future of Homebase is to be decided today as creditors vote on a CVA which would see the closure…
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31 August
Coca-Cola to acquire Costa Coffee from Whitbread for £3.9bn
Coca-Cola is to buy the coffee chain Costa from Whitbread in a £3.9bn deal. Whitbread, which acquired the brand in…
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31 August
10p plastic bag charge to be rolled out to all retailers
The 5p plastic bag charge will be doubled to 10p and extended to all retailers and not just big businesses,…
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30 August
Hot September could cost retailers £320m in sales
The British Retail Consortium (BRC) has said a hot September could cost retailers £320m in sales, with non-food retailers losing…
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30 August
Government to consult on the ban of energy drink sales to children
The government is seeking views from the public on ending the sale of energy drinks to children and young people…
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30 August
WHSmith reveals strong Q4 performance for travel branch
High street newsagent WHSmith has reported strong sales across its travel business branch in its Q4 results. The group said…
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30 August
Unibail-Rodamco-Westfield posts 14.5% profit rise after Westfield acquisition
Unibail-Rodamco-Westfield has reported a 14.5% jump in H1 profits boosted by its recently acquired Westfield shopping centres. Europe’s largest property…
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29 August
Bailiffs visited more than 200 firms daily over unpaid business rates
In the first year after the new business rates revaluation came into effect, councils sent bailiffs to more than 200…
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29 August
YNAP to launch first own-brand footwear collection
Yoox-Net-A-Porter Group (YNAP) has announced that its own-brand label for mens fashion, Mr P., which will launch this September alongside…
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29 August
Shop price deflation comes to an end in August
Shop prices entered inflationary territory in August for the first time in over five years, with prices increasing by 0.1%…
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